“We found her lying in a pool of blood. She was unconscious, so we rushed her to the hospital where she received medical attention,” Cissy said. Husband Arrested as UPDF Probes Soldier’s Arson Death A former Bank of Uganda employee, Ruth Nambalirwa, narrowly survived death after being brutally attacked by her domestic worker in Njeru […]
The Anti-Corruption Court on Thursday January 6, remanded eight people for causing financial loss to the government. According to the prosecution, Accountant General Lawrence Ssemakula, Commissioner Treasury Services Jenifer Muhuruzi, and the senior IT officer Yawe Tonny being employed in the Ministry of Finance neglected to put in place measures to safeguard public funds hence resulting in […]
Bank of Uganda has closed EFC Uganda Limited, a microfinance company due to poor financial standing. The action is based on Sections 72 (1) and 12 (1) (d) & (g) of the Microfinance Deposit-taking Institutions (MDI) Act, 2003 as amended. BOU’s decision which also places EFC Uganda Limited located on Kira Road under liquidation also revoked […]