The Uganda shilling remained stable amidst muted demand as most corporates stayed out of the market focusing on mid-month tax obligations during the week ending 17th February 2017. Trading was in the range of 3580/3590. In the Treasury bill auction, yields slightly dropped to trade at 12.546%, 12.910% and 13.850%
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A fake financial institution defrauding Ugandans of their hard earned money has been revealed. According to the Bank of Uganda (BoU), Uganda’s Central Bank, “ONE COIN DIGITAL MONEY” is not licensed by the BoU under the Financial Institutions Act, 2004, and is thefore conducting business outside the regulatory purview of
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Kagesera (Left) and Kato pose for a photo during their good moments/Courtesy photo The police has issued warnings to parents over rampant acts of sodomy by notorious gangs targeting students in their holidays. The Police 2016 Report sighted an increase in the number of students that are dropping out of
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