Business news

February 5, 2019

Former owners of International Credit Bank want licence reinstated

By Our Reporter The former owners of the International Credit Bank (ICB), have blamed the Bank of Uganda (BoU) for closing their bank unfairly in September […]
February 5, 2019

Finally Cabinet approves Anti-Money Laundering Bill, 2018

By Our Reporter The Ugandan Cabinet has approved the Anti-Money Laundering (Amendment) Bill, 2018, according to the Deputy Government Spokesman Rtd Col. Shaban Bantariza. Bantariza who […]
February 4, 2019

Mobile money tax registers surplus collections as OTT dwindles

 By George Mangula Mobile money tax collections in Uganda generated a whooping Shs50 billion surplus in the first half of the financial year 2018/19, further validating […]
February 4, 2019

Former owners NBC demand Shs295b compensation for illegal closure

By Our Reporter The former owners of National Bank of Commerce (NBC) on Monday told parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that […]