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ABSA BANK HEIST! City lawyers Audrey, Stuart sent to Luzira over alleged theft of Belgian National’s Sh700m via Absa bank

ABSA BANK HEIST! City lawyers Audrey, Stuart sent to Luzira over alleged theft of Belgian National’s Sh700m via Absa bank

JAILED: Audrey Muhindo (R) and Stuart Kasingye (L)Two Kampala-based lawyers have been remanded to Luzira prisons over the alleged theft of Shs700 million said to have been fraudulently transferred from a Belgian national’s bank account.According to charge sheets referenced under C

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South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

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HOLY CRAP! Catholic Church Under Fire Over Nsambya Estate Eviction of 500 People, Archbishop Ssemogerere, Lands Minister Petitioned

HOLY CRAP! Catholic Church Under Fire Over Nsambya Estate Eviction of 500 People, Archbishop Ssemogerere, Lands Minister Petitioned

Tears, anger and disbelief have engulfed Nsambya after the Kampala Archdiocese move to evict more than 500 people from Nsambya Housing Estate, triggering accusations of betrayal, hypocrisy and cold-hearted disregard for families who have called the church-owned land home for over five decades.

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Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt

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Tycoon Elly Karuhanga shares old habit that defined his success

Tycoon Elly Karuhanga shares old habit that defined his success

Karuhanga is, among others, a founding partner of one of Uganda’s foremost law firms and chair of bodies such as the Uganda Chamber of Mines & Petroleum and the Private Sector Foundation Uganda, Ugandan lawyer and business figure Elly Karuhanga, recognised as one of the country’s m

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Court Martial resumes operations after Supreme Court reforms

Court Martial resumes operations after Supreme Court reforms

General Court Martial has resumed operations at Makindye in Kampala after more than a year of inactivity, following a Supreme Court decision barring the trial of civilians in military courts.The military court, which had halted proceedings in compliance with the landmark judgement, is now

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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

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Police Vehicle Overturns in Murchison Park, Recruits Injured

Police Vehicle Overturns in Murchison Park, Recruits Injured

Police in Nwoya District are investigating a single serious road accident that occurred on 10th February 2026 at around 10:40 a.m. The accident happened inside Murchison Park along the Karuma–Pakwach highway. The vehicle involved was an Isuzu Elf, blue in colour, registration number UP 00296, w

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STANBIC BANK FRAUD! Suspects in Enid Kukunda’s Sh725M Theft Eye Plea, Linked to Another Sh400M ABSA Heist!

STANBIC BANK FRAUD! Suspects in Enid Kukunda’s Sh725M Theft Eye Plea, Linked to Another Sh400M ABSA Heist!

One of the suspects charged over an attempted Shs 725 million fraud targeting Stanbic Bank has opened negotiations with the State to resolve the case through a plea bargain. The development was disclosed on Monday before the Buganda Road Chief Magistrate’s Court, where Chief State Attorney Joan

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Uganda: NSSF Stake in MTN Hits Shs1tn

Uganda: NSSF Stake in MTN Hits Shs1tn

MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the

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