BoU ordered to pay legal costs in Crane Bank takeover saga
The unanimous judgment of the highest court in the land was also to the effect that Crane Bank reverts to the shareholders as of January 20, 2018
Source: monitor.co.ug
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Internet shutdown stalls businesses, government agencies
Daily Monitor Tuesday January 19 2021 Summary In an earlier interview last week, Mr Peter Kawumi, the chairperson of Financial Technology and Service Providers Association, told Daily Monitor that on a daily basis 300 million transactions are carried out by means of Fintech system alone in the country. Advertisement The Internet shutdown that started on January 13 has caused huge losses as businesses, government agencies, organisations and web-based operations such as e-tax payments were disrupted for five days. The State action has been described as inconsiderate due to the modern ways ...
Source: monitor.co.ug