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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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The unending struggles of KCCA leadership

The unending struggles of KCCA leadership

First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA).  After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M

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Authorities decry understaffing in Wakiso hospitals

Authorities decry understaffing in Wakiso hospitals

Authorities in Wakiso have decried understaffing and inadequate medical equipment in public health facilities in the district. The concern was raised on September 27 by Dr Mathias Lugoloobi, the officer in charge of Wakiso Health Centre IV, during commemoration of the 2024 World Patient

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PROFILE: Tribute to Onapito Ekomolot: Ugandan Journalist, Politician & Former NBL Legal Chief

PROFILE: Tribute to Onapito Ekomolot: Ugandan Journalist, Politician & Former NBL Legal Chief

Renowned Ugandan journalist, politician, and corporate executive Onapito Ekomolot, affectionately known as Ona, left an indelible mark on his country’s media, politics, and business landscape. Born in rural Amuria district, Teso, northeast Uganda, Ona’s life

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

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ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.

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Stars linked to P Diddy – Justin Bieber, JLo, Jay-Z, Usher and Khloe Kardashian

Stars linked to P Diddy – Justin Bieber, JLo, Jay-Z, Usher and Khloe Kardashian

Hip-hop mogul P Diddy is known for his lavish White parties and massive birthday bashes and has rubbed shoulders with a lot of famous A-list stars over the years

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Kampala Abattoirs Struggle with Serious Hygiene Issues

Kampala Abattoirs Struggle with Serious Hygiene Issues

Kampala’s abattoirs are grappling with significant sanitation challenges that raise concerns about public health and safety. Uganda Meat Packers Limited (City Abattoir), one of the oldest and largest slaughterhouses in Kampala, illustrates the dire conditions faced by slaughter facilities in the c

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Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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