Local CIs, MDIs grow total assets as BoU unearths rot in banks
KAMPALA, October 18, 2023 - Total assets held by Credit Institutions (Cis) grew by 10.2 percent to Shs490 billion at the end of June 2023...
UNOC moves to become sole supplier of petroleum products in Uganda
The Chief Executive Officer of the Uganda National Oil Company (UNOC), Proscovia Nabbanja met with Commissioner General John Musinguzi to share progress on UNOC’s...
URA impounds 200 used laptop worth Shs112m at Entebbe Airport
The Uganda Revenue Authority-URA customs at Entebbe Airport impounded a consignment containing over 200 used laptops worth Shs112 million.
The Acting Manager of Entebbe Customs,...
Museveni urges foreign investors to invest in Uganda, assures ready market
President Yoweri Museveni has urged foreign investors to invest in Uganda, saying that there are a lot of investment opportunities with a readily available...
Equity Bank speaks out on customer’s Shs 10M fraud
Equity Bank is investigating messages circulating on social media in relation to an alleged fraudulent activity on the account of one of their customers...
