Tag: Section 105 of the Financial Institutions Act 2004

Parliamentary Committee on Defense and Internal Affairs Praises CID for Proper Accountability

National News
The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.

UPC Welcomes Removal of Dangerous Vehicles but Demands Comprehensive Transport Policy

National News
Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.
Business

BOU Dissolves Mercantile Credit Bank Limited

“All creditors are requested to submit their claims to the office of the Director, Financial Stability, and Bank of Uganda within 30 days from the date the statement was issued, and any person possessing property of Mercantile Credit Bank Limited should deliver it to the director, Finance and Stability, Bank of Uganda.”

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