Business

Crane Bank sale: Bank of Uganda, Sebalu& Lule Advocates to blame for DFCU Bank’s mess

Business
DFCU Bank is in the news again after it emerged it has plans to shift its operations from branches owned by Meera Investments Limited,...

BoU reduces CBR to 9 percent in October

Business
The Bank of Uganda (BoU) has reduced the Central Bank Rate (CBR) by one percentage point to nine percent in response to the expected...

Uganda receives the third and fourth Bombardier CRJ900 commercial aircraft

Business
Uganda has finally received the third and fourth Bombardier CRJ900 commercial aircraft, five months after the delivery of two aircraft. The first 5x-KDP landed at...

Cartons of alcohol seized in a gov’t joint operation

Business
The Uganda National Bureau of Standards (UNBS), in a joint operation with Uganda Revenue Authority, Ministry of Trade Industry and Cooperatives and the Uganda...

Amendment to EAC Customs Management Act in offing

Business
A proposal to amend the East African Community (EAC) Customs Management Act, 2014, to extend the time for removal of bulk containerized goods from...
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