Search Results

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

Ultimate Uganda

Founder of Biyinzika Poultry ordered to refund Shs 130m to foreign investors over botched land deal

Founder of Biyinzika Poultry ordered to refund Shs 130m to foreign investors over botched land deal

The Supreme Court has ordered Samuel Mukasa, the founder of Biyinzika Enterprises, to refund his foreign business partners more than Shs 130 million after a failed poultry farming land deal.Mukasa and his wife Milly Mukasa established Biyinzika Enterprises Limited, now Biyinzika Poultry In

Ultimate Uganda

Did Rt Hon Sekandi, Kadaga, and the late Oulanya know that a lot of money was in the Parliamentary SACCO account?

Did Rt Hon Sekandi, Kadaga, and the late Oulanya know that a lot of money was in the Parliamentary SACCO account?

After reading on social media how money totaling Shs 4,190,000,000 was withdrawn within 8 hours, I feel perturbed, and my question is: did the previous Speakers know of this money being kept in the Parliamentary SACCO account? If they knew, what made them not use it the way the current leadership

Ultimate Uganda

Ronald Alimpa Arrested After Alleged Clash with Police, Set for Court Reappearance on 19th May

Ronald Alimpa Arrested After Alleged Clash with Police, Set for Court Reappearance on 19th May

Singer Ronald Alimpa is reportedly behind bars after he defied authorities and engaged in a physical assault with police officers.According to reports, Alimpa, commonly known for his hit song ‘Seen Don,’ organized a show in Kasanje where he was set to perform without seeking approval f

Ultimate Uganda

Aceng Emerges for Deputy Speaker in Post-Oulanyah Balancing Move

Aceng Emerges for Deputy Speaker in Post-Oulanyah Balancing Move

Health Minister Jane Ruth Aceng is increasingly being mentioned in ruling party circles as a possible candidate for Deputy Speaker of Parliament in a major political arrangement aimed at balancing regional interests following the death of former Speaker Jacob Oulanyah.Highly placed NRM sou

Ultimate Uganda

Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda is preparing to issue its first sovereign sukuk as part of efforts to finance the construction of a standard gauge railway (SGR) linking Kampala to the Kenyan border town of Malaba, marking the country’s entry into Islamic capital markets, Ecofin Agency reports.The Ministry of Fin

Ultimate Uganda

KCCA Speaker, Deputy Speaker Races: NUP Fronts Ssebuwuufu, Namazzi

KCCA Speaker, Deputy Speaker Races: NUP Fronts Ssebuwuufu, Namazzi

Main opposition National Unity Platform (NUP) has finalized its choices for the top leadership positions at Kampala Capital City Authority (KCCA), endorsing John Mary Ssebuwuufu and Olive Namazzi as its official candidates for Speaker and Deputy Speaker respectively for the 2026–2031 term.

Ultimate Uganda

Uganda’s First Woman Cadet Police Officer, SSP (Rtd) Jane Nancy Nakabiri, Dies at Home in Makindye

Uganda’s First Woman Cadet Police Officer, SSP (Rtd) Jane Nancy Nakabiri, Dies at Home in Makindye

Kampala—Uganda is mourning the passing of Senior Superintendent of Police (Retired) Jane Nancy Nakabiri, the nation’s first woman cadet police officer, who died peacefully at her home in Makindye, family sources confirmed.Nakabiri made history in 1963 when she outperformed 19 other hig

Ultimate Uganda

Formerly NUP, now NRM - meet the youngest MP in 12th parliament

Formerly NUP, now NRM - meet the youngest MP in 12th parliament

Lenia Charity Kevin has been sworn in as a Member of Parliament, becoming the youngest lawmaker in the 12th Parliament at the age of 24.She represents Vurra County in Arua District.She is 63 years younger than Moses Ali, 87, the current Second Deputy Prime Minister and MP for Adjuma

Ultimate Uganda

Kampala-Based Lawyer Alleges Anita Among’s Associates Withdrew Sh4.1 Billion from Parliamentary SACCO in One Day

Kampala-Based Lawyer Alleges Anita Among’s Associates Withdrew Sh4.1 Billion from Parliamentary SACCO in One Day

Controversy has emerged over alleged large-scale cash withdrawals from the Parliamentary SACCO, following claims by lawyer Godwin Toko that Sh4.19 billion was accessed in a single day by individuals linked to the Speaker of Parliament.In a detailed statement, Toko alleged that on July 21 l

Ultimate Uganda