Some EFC, Mercantile depositors yet to pick their money, says DPF
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arr...
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Ugandans living longer - census report
The 2024 National Population and Housing Census final report released yesterday reveals some interesting figures. The report shows Ugandans are living longer with average...
High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
Reduction in milk production causes butter scarcity
A reduction in milk volumes by about 3.5 million litres per day has impacted key dairy by-products, among them butter production, according to stakeholders in both the da...
Does Kiira Motors need two years to turnaround?
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporat...
Museveni lauds outgoing Unicef chief
President Museveni has commended the outgoing United Nations Childrenâs Fund (Unicef) country representative Dr Munir Safieldin for âsupporting government progr...
INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together w...
Vision Group's Shs25b share sale explained
On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a not...
Israel pounds Lebanon, pressuring Hezbollah after killing its leader
Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region after killing the Hezbollah leader Sayyed Hassan N...
The unending struggles of KCCA leadership
First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA). After, Erias Lukwago, t...