Capital Chicken temporarily closes operations, assures safety of customer funds
The management of Capital Chicken Limited has temporarily closed its operations after the Financial Intelligence Authority (FIA) froze their accounts but has, however, assured...
Gov’t, Huawei launch digital ICT hub for Teso region
Government of Uganda in partnership with Huawei has launched a digital hub for the Teso sub region in Eastern Uganda.
The hub seeks to provide...
Customer funds are safe and our financial standing is sound, Bank of Africa clarifies
Bank of Africa has responded to Eagle Online story dated October 2, 2023 about the customer deposits at Bank of Africa at risk as billions...
UDB offers Shs150 billion to local contractors
Uganda Development Bank has announced a Shs150 billion financial commitment earmarked to provide affordable and patient financing to Ugandan contractors.
Dubbed the Ugandan Contractors Financing...
Customer deposits at Bank of Africa at risk as billions feared stolen
A whistleblower who operates on Nasser Road in Kampala has written to the Bank of Uganda (BoU) claiming customer deposits at Bank of Africa...
