Category: Business

Four Arrested Over Shs388.9M Gold Scam in Kampala

Four Arrested Over Shs388.9M Gold Scam in Kampala

Police in Kampala have arrested four suspects on allegations of defrauding a South African national of USD103,050( approximately shs388.9 million) in a gold scam.According to Kampala Metropolitan Police spokesperson, Luke Owoyesigyire, the incident happened on May, 19, 2026 when Mr. Attlee

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Cattle Quarantine Pushes Nyamunuka Meat Dealers Into Financial Distress

Cattle Quarantine Pushes Nyamunuka Meat Dealers Into Financial Distress

Meat traders and slaughter operators in Nyamunuka Town Council say a month-long Foot-and-Mouth Disease quarantine has crippled livelihoods, stalled business activity, and left many families struggling to raise school fees and daily necessities.Meat dealers and slaughter operators in Nyamun

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URA gives deadline for taxpayers to align TINs with NINs and BRNs

URA gives deadline for taxpayers to align TINs with NINs and BRNs

The authority has also urged taxpayers to complete the process early to avoid disruptions when accessing tax services after the July 2026 deadline.The Uganda Revenue Authority (URA) has announced a nationwide update of taxpayer registration records in a move aimed at strengthening tax admi

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He sold his school to Dr Lawrence Mulindwa for Shs 11.2bn. URA wanted him to pay Shs 4bn as tax

He sold his school to Dr Lawrence Mulindwa for Shs 11.2bn. URA wanted him to pay Shs 4bn as tax

Uganda Revenue Authority acted unfairly and highhandedly when it impounded an armoured land cruiser belonging to Dr Jaala Higenyi, the former owner of Ntinda View College, following a tax assessment dispute, the High Court has ruled.In a strongly worded judgment delivered on April 30, Just

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Architectural firm fined Shs446m over Kabira Country Club expansion project

Architectural firm fined Shs446m over Kabira Country Club expansion project

The Commercial Court has ordered an architectural firm to refund more than USD132,000 (about Shs446 million) to Meera Investment Ltd after finding that it breached a consultancy agreement relating to the expansion of Kabira Country Club.In a ruling delivered on April 3, Acting Judge Susan

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Over 20 Mobile Money Agents Left in Debt Crisis After Alleged UGX 200 Million Fraud Linked to Flow Uganda Employee in Kampala and Wakiso

Over 20 Mobile Money Agents Left in Debt Crisis After Alleged UGX 200 Million Fraud Linked to Flow Uganda Employee in Kampala and Wakiso

KAMPALA, Uganda — More than 20 mobile money agents in Kampala and surrounding areas have been left in financial distress after allegedly falling victim to a suspected loan scam involving a man identified as Tumusiime Wyclif, an employee of Flow Uganda.The agents claim they collectively l

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Fishing restrictions leave Lake Albert, Albert Nile fishermen on edge

Fishing restrictions leave Lake Albert, Albert Nile fishermen on edge

Pakwach, Uganda | URN | Leaders in Pakwach District have been given a seven-day ultimatum to establish landing site management committees aimed at regulating fishing activities and restoring discipline in the fishing industry.The directive follows a visit by the Deputy Chief of Defence For

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JUST IN! Ministry of Works and Transport Evicts Car Bonds in Nakawa

JUST IN! Ministry of Works and Transport Evicts Car Bonds in Nakawa

The Ministry of Works and Transport, together with joint security agencies, has conducted an operation to evict car bonds operating within the road reserve along the Nakawa-Ntinda corridor.The eviction that took place today, Monday, May 18, 2026 was superintended by dozens of police and UP

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Anita Among Probe Extends to NSSF

Anita Among Probe Extends to NSSF

Bukedea comprehensive secondary school owned by Anita Among has been added on the list of persons and business institutions of interest for the investigators inquiring into her shady dealings.The school is one of the many private businesses Uganda’s heartless extravagant queen owns.

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Equity Bank cleared of wrongdoing in Shs3 billion fraudulent gold transaction

Equity Bank cleared of wrongdoing in Shs3 billion fraudulent gold transaction

The police have cleared Equity Bank of any wrongdoing in a fraudulent gold transaction that resulted in a loss of over Shs3 billion for Canadian national Clifford Potter.Last week, it was reported that Police had called on Equity Bank and Stanbic Bank to clarify the circumstances surroundi

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