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Daily Monitor Tuesday May 11 2021 Closed shops in Namayiba Bus Park in 2020 during the lockdown. Figures from URSB show that between 2018 and 2020, over 21 companies were liquidated while 13 are currently under administration. PHOTO/Abubaker Lubowa Summary Uganda Registration Services Bureau statistics indicate that out of the 94 companies that had registered for liquidation, at least 26 companies have been liquidated, while two are in administration to help them survive their next phase of growth. Advertisement At the end of 2008, Uganda Telecom (UTL) held a substantial market share in Ugand...

Daily Monitor Monday February 15 2021 Court found that Stanbic employees created a cover to dispose of mortgaged properties to a company in which they are directors. PHOTO/FILE. Summary Court found that a client’s mortgaged properties were sold to a company that had been formed on February 3, 2020 by seven Stanbic employees, three months after the advert for sale was published in November 2019.  Advertisement At least seven Stanbic Bank employees illegally transferred mortgaged securities to a company that they had formed three months after the distressed properties had been advertised for...