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Govt Moves To Revive Cooperative Bank

Plans are underway to revive the Cooperative Bank, this is according to the State Minister for Cooperatives Fred Gume Ngoobi. Speaking at the launch of national celebrations to mark the International Cooperative Week at Lake Victoria Primary School- Entebbe, Ngoobi said a Cabinet paper to that effect has already been drawn and tabled. The Cooperative…

Motorists Slapped With UGX2 Million Fine For Overspeeding In New Traffic and Road Safety Amendment Act

President Yoweri Kaguta Museveni has signed into law the Traffic and Road Safety Amendment Bill 2023 increasing the fine from Shs200,000 to Shs2m for motorists driving beyond the prescribed speed limit. According to the government, the move is intended to restore sanity and reduce on-road carnage on Uganda’s roads. The revelation was made yesterday during…

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