Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Kampala’s recurring floods are a governance failure rather than a natural disaster, according to senior road safety official Ronald Amanyire, who has warned that continued compensation of victims will not solve the underlying crisis.Amanyire, the Principal Road Safety Officer at Uganda
Female fish traders operating along Uganda’s border points have raised concern over rising cases of sexual harassment, corruption, and inconsistent trade regulations that they say are undermining their businesses and livelihoods.The complaints were voiced during a stakeholder dialogue or
A heavy Thursday afternoon downpour flooded Fairway Hotel and several parts of downtown Kampala, disrupting businesses and exposing the city’s drainage challenges.Fairway Hotel and several parts of downtown Kampala were flooded on Thursday afternoon after a heavy downpour overwhelmed dra
Lira City, Uganda: Police in the North Kyoga region have arrested a 54-year-old businessman in an intelligence-led operation linked to a stolen motorcycle from Kampala, uncovering what investigators say could be a wider network of motorcycle trafficking and document forgery.The suspect, Ok
The Uganda Revenue Authority (URA) has announced urgent measures to support traders whose goods have been unfairly withheld by so-called “container leaders,” following a surge in public outcry and complaints of undelivered merchandise.In a public notice published Thursday, URA manageme
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Traders and businessmen were left in shock and tears after the Minister of Local Government, Raphael Magyezi, ordered that lock-ups whose leases had expired revert to the ownership of Kamuli Municipal Council.“Your 20-year lease expired in 2023 and ownership legally reverts to Kamuli Mun
