I do issue directives to Bank of Uganda which is the implementing authority under the Financial Authorities Act 2 of 2004 As Amended to take
Category: Business
Ham Enterprises further Defeats Diamond Trust Bank in the 120Bn fraud Case at High Court
With full knowledge that the bank that carried out illegalities, it decided to call for an independent joint audit in trail to preempt the acts
WHY IS BANK OF UGANDA SILENT ABOUT THIS 120 BILLION FRAUD SCANDAL?
Over the years it’s been a well-known fact that a sound and workable financial system is a direct result of the activities of financial institutions
Diamond Trust Bank Continues Threatening Witnesses in the 120Bn Fraud Case
The journey to cleaning Uganda’s Banking Industry is one that can only be undertaken by courageous Ugandans as there are some individuals using their institutions/associations
Banks look to govt papers to reduce lending risk
Owing to the risk associated with lending to the private sector currently, banks have turned to lending government since it is less risky. In August,
Fertilizer distribution project seeks to double maize production
According to the National Fertilizer Policy of 2016, Uganda loses 80 kilogrammes of soil nutrients per hectare annually, which results in low crop yields. The
World Bank approves grant to fund West Nile road construction
For decades, the road linking Koboko-Yumbe-Moyo has been in dire state making it impassable especially during rainy seasons. On Friday, World Bank Board of Directors
UGANDA GOVT & TOTAL SIGN KEY OIL PIPELINE AGREEMENT
ENTEBBE. The Government of Uganda and Total have today (Friday) concluded and signed the Host Government Agreement (HGA) for the East Africa Crude Oil Pipeline
BAT appoints Isuzu boss as new board chair
The board of British American Tobacco (BAT) has appointed Isuzu East Africa chief executive Rita Kavashe as the new chairperson to replace George Maina, who
Cooking gas dealers gear up for price war
Vivo Energy has signaled a new round of price war that is expected to tilt prices among cooking gas dealers. Total recently, marginally reduced the