Robinah Mukasa, the Barclays bank Uganda Spokesperson told URN they were going ahead to change all their branches to Absa. After the branding is complete, it will cease using the name Barclays and instead use Absa.
Kyadondo East MP Robert Kyagulanyi aka Bobi Wine has instructed Barclays Bank to return 29 million Shillings sent to his account on October 24th by the Parliamentary Commission. He becomes the eighth legislator to return the 29 million Shillings deposited on individual accounts of MPs for consultation on the proposed removal of presidential age limits.
Bank of Uganda has assured Ugandans, particularly customers of Barclays Bank, that the scandal over cooked up lending rates shaking the global bank\'s headquarters in London, won\'t affect its local subsidiary in Uganda.
The Ugandan shilling fell against the dollar again on Monday. Traders said on Monday that substantial oil-sector demand for dollars has pushed it to another record low.
