Legal
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Debts, lack of working capital, force BKCU to sell more land
MBARARA, January 26, 2024 – Banyankole Kweterana Cooperative Union [BKCU] is to sell its 44 acres of land located in Rwencwera 1 Village, Kashare Sub-county in Mbarara district to pay debts, as…
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PDM: Kwania recovers Shs 60mln illegally given out
KWANIA, January 25, 2024 – Kwania district has recovered over Shs 60 million illegally disbursed to some people under the Parish Development Model [PDM]. The PDM, initiated to move 3.5mln households in…
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Masindi Emyooga defaulters given one week ultimatum to pay back loans
MASINDI, January 24, 2024 – Masindi Municipality Emyooga defaulters have been given an ultimatum of one week to clear their debts or else face arrest. The ultimatum was issued days ago by…
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BoU, DPF to start paying EFC Uganda depositors next week
KAMPALA, January 24, 2024 – Depositors of EFC Uganda are to be paid by the Bank of Uganda [BoU] and the Deposit Protection Fund of Uganda [DPF] after the lender had its…
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Nigerian lender to acquire 80 percent stake in Finance Trust Bank
KAMPALA, January 23, 2024 – Nigerian business group, Access Holdings has announced that its flagship subsidiary, Access Bank PLC (Access Bank) has entered into a definitive agreement with Uganda’s Finance Trust Bank…
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Museveni elected new Chairman of NAM till 2027
KAMPALA, January 19, 2024 – Jeyhun Bayramov, the Minister of Foreign Affairs for the Republic of Azerbaijan on Friday formally passed on the Chairmanship of the Non-Aligned Movement [ NAM ] Summit…
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MPs endorse Shs 79bln needed for merger of public agencies
KAMPALA, January 17, 2024 – Parliament’s Committee on Public Service and Local Government chaired by the Bardege-Layibi Division Member of Parliament, Martin Ojara Mapenduzi, has recommended the provision of Shs79.3 billion in…
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Nigeria: Ekiti govt moves to review cooperative laws
ABUJA, January 15, 2024 – EKiti State Government has said it will soon begin the process of reviewing the State Cooperative Law, which governs the operations of local cooperative societies. According to…
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Lira: 22 charged over illegal titling of public land
LIRA, January 15, 2024 – The State House Anti-Corruption Unit [SHACU] has charged at least 22 people in Lira City, and Lira district with fraudulent titling of public land, and abuse of office.…
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EAC Partner States urged to promote harmonious cooperation
ARUSHA, January 14, 2024 – All East African Community [EAC] Partner States have been urged to strive to achieve harmonious cooperation in their undertakings to ensure the people of East Africa remain…
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