The governor bank ofUganda, Tumusiime Mutebile has informed the members of the public that all regulated financial institutions which include commercial banks, credit institutions and microfinance deposit taking institutions inUgandaare safe and strong and have the backing of the central bank ofUganda.

Speaking to journalists at the Bank of Uganda headquarters inKampalatoday, Tumusiime said that if any person wishes to either deposit or withdraw their money, they will be served as usual.

He says that in case the client’s branch is located in some shopping arcade that is closed one will be served by any other branch of the bank in question.

Tumutebile reminded bank customers that banks play a very important role of keeping money safe. Therefore Tumutebile asked bank customers to disregard any advice to customers to withdraw money and keep it at home.

Ultimate Media

The post Bank of Uganda announces open banks first appeared on Uganda Multimedia News & Information.

The judge says his mental status needs to be checked before he can take the stand to defend himself.

54-year old Francis, who is son to the late former President Godfrey Binaisa is said to have defiled a 12 year old girl 3times.

The test was ordered after his lawyer Yunus Kasirivu told court that his client seems abnormal.

He is alleged to have  committed the offence between November 2010 and April 2011

The case has been adjourned to the 20th of this month to enable him organise his witnesses.

Ultimate Media

The post Court orders mental check on Uganda first son over defilement first appeared on Uganda Multimedia News & Information.