On the 20th of October 2016 , Bank of Uganda suspended the Board of Directors of Crane Bank Uganda limited and took over management of the bank. On the same day Bank of Uganda appointed a statutory manager of the bank. But what exactly does the statutory manager do; Section 90 (4) of the Financial Institutions Act 2004 provides among the many roles of a statutory Manager the role to;

Written by Pennie Igaga. The issue of taxi operators’ fees (levies) between taxi operators and KCCA keeps getting more heated. Broken down, reports indicate that each taxi in Kampala pays a road monthly user fee of Shs. 120,000. With that considered, each taxi is also expected to pay money to every local government it drives through. This means that depending on the area the taxi operates in, the taxi operator