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BoU in trouble as former owners of Global Trust Bank demand Shs315b compensation

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Former directors and shareholders of the defunct Global Trust Bank are seeking Shs315.7 billion in compensation for the illegal closure of the bank in...

South Africa joins Uganda, others to ratify tripartite free trade area agreement

Africa
South Africa has deposited the instrument of Ratification of the EAC-COMESA-SADC Tripartite Free Trade Area (TFTA Agreement) bringing the number of countries that have...

BoU top officials in panic as MPs launch investigation into their wealth

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Bank of Uganda top officials are panicking after the Parliamentary committee on Commissions, Statutory Authorities and State Enterprises (Cosase) yesterday decided to launch...

Museveni to handover land titles to residents of Nakaseke district

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President Yoweri Museveni this weekend will preside at a function in Nakaseke district to hand over 300 mailo land titles to Bibanja holders...

UNOC shareholders to invest in Uganda’s oil projects

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The stakeholders of the Uganda National Oil Company (UNOC) have resolved that the company invests and holds 15 percent equity in the East African...
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