The Bank of Uganda (BoU) revoked the banking license of Global Trust Bank Limited on 25th July 2014 under the provisions of the Financial Institutions Act, 2004 and immediately placed it under statutory liquidation. The Central Bank now says the liquidation process has been concluded successfully. “Bank of Uganda hereby
Read MoreMonth: February 2025
If you need a passport you don’t have to travel to Kampala to line up at the Ministry of Internal Affairs, for this service is now online, the UCC Head of Consumer Affairs Joseph Kizito told an attentive crowd at the Hoima Public Library on Friday. “If you have a
Read MoreThe Speaker of Uganda’s Parliament, Rebecca Kadaga has lashed out at Government over the rampant land evictions in the country. This follows the latest incident that occurred in Kiryadongo district where 35,000 people are said to have been evicted from 9,300 acres of land to pave way for investors. The
Read MoreThe Electoral Commission (EC) has declined to heed to pleas by MPs on the Legal and Parliamentary Affairs Committee to extend registration of voters who would have made 18years, saying it would disrupt the 2021 general elections. The revelation was made by Justice Simon Byabakama, Chairperson Electoral Commission while appearing
Read MoreUganda’s richest man, Dr. Sudhir Ruparelia (pictured) has been named the Honorary Consul of the Federal Democratic Republic of Nepal to Uganda. Dr Sudhir is the founder and Chairman of the multibillion Ruparelia Group, a 28-company conglomerate invested in financial services, real estate, education, hospitality, agriculture and media. The group
Read MorePatrick has now been appointed as the new Regional Chief Executive, Standard Bank Group effective 1st March 2020. Stanbic Bank Uganda on Tuesday announced Anne Juuko as the bank’s new Chief Executive Officer, replacing Patrick Mweheire, who has been at the helm of the country’s biggest commercial bank since 2015.
Read MoreThe United Bank for Africa (UBA) Group’s Regional Chief Executive for the Central, Eastern, and South African (CESA) region recently visited Uganda. While on his visit to Uganda, Martin Che, paid a visit to the Prime Minister’s office to discuss the possibility of a new partnership between the bank and
Read MoreEgypt’s ousted former President Hosni Mubarak has died at the age of 91, state television said on Tuesday, weeks after undergoing surgery. Mubarak ruled Egypt for 30 years until he was ousted following mass protests against his rule in 2011. He was jailed for years after the uprising, but was
Read MoreURA Commissioner General, Doris Akol processing a TIN for John Bulega Ssalongo, a teacher and businessman The Tax Identification Number (TIN) is a unique ten-digit identifying number allocated by the Uganda Revenue Authority (URA) to prospective Taxpayers to enable them to meet their tax obligations. The TIN is a legal requirement and it
Read MoreFrom Samsung to Huawei, Android smartphone are some of the most popular handheld devices around the world. But if you use an Android device, you may want to reconsider which apps you have installed on your smartphone. Google has taken proactive measures to remove 600 apps from the Google Play
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