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Stanbic Bank
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Stanbic Bank
Stanbic Bank

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Gov’t suspends automated traffic fines system pending review

The Ministry of Works and Transport has announced the temporary suspension of the Automated Express Penalty System (EPS Auto), the traffic enforcement technology introduced...

Umeme takes Shs1.1t buyout dispute with gov’t to London arbitration

Former Uganda’s electricity distributor, Umeme Ltd has initiated international arbitration proceedings in London against the Government of Uganda, seeking $292 million (approximately Shs1.1 trillion)...

LoP calls for urgent review of Electronic Penalty System amid rising public concerns

The Leader of the Opposition in Parliament, Joel Ssenyonyi, has petitioned the Minister of Works and Transport to urgently review and recalibrate the recently...

Diaspora Ugandans urge Central Bank to develop local remittance App

Ugandans living abroad have renewed calls for Bank of Uganda to develop a secure, low-cost digital platform for remitting money back home, arguing that...

Gov’t releases Shs270b for Standard Gauge Railway

The government has released $75 million (about 270 billion shillings) to start construction of the Standard Gauge Railway (SGR) project. The Ministry of Finance...

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