If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d
Jane Atuhairwe (C), Branch Business Manager at Pearl Bank, Jinja Branch, Dr. Cissy Kityo (2nd L), Executive Director, JCRC, together with teams from Pearl Bank and Joint Clinic Research Centre in Jinja today, in commemoration of World Sickle Cell Day, which also doubled as the regional Bone Marro
The Church of Uganda Mothers Union has welcomed a High Court arbitration ruling that resolves a long-standing dispute with a contractor, clearing the way for the resumption of construction of its multi-billion-shilling Mothers’ Union House project in Kampala.Jubilation has swept through
Emboldened by the viciousness with which the Ugandan security agents have so far moved to crack the whip on former Speaker Anita Among while simultaneously dismantling any semblance of any power structures associated with people in her universe, a group of land-deprived Kira residents a few days
Delays in Uganda's digital number plate system are leaving thousands of vehicles idle, costing businesses millions and disrupting transport operations across the country.Many vehicles remain grounded due to delays in issuing ITMS digital number plates.Shortages of tracking component
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy firm Newplan boss Omulen Levy Lawrence was cited in a purported fake money racket during proceedings that saw eleven suspects rem
Elizabeth Nyasuna, who worked as Team Leader at Stanbic Bank’s Entebbe branch, has been awarded Shs 40 million by the court after the bank unlawfully dismissed her over a suspicious Shs 75 million cash withdrawal in 2012.Justice Anthony Wabwire Musana of the Industrial Court said Stanbic
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the
The recent announcement by the Bank of Uganda introducing new limitations to over-the-counter cash withdrawals and check payments have has raised questions over the motives behind it. The banks have been given the next six months to transition to the new policy adjustment.The new mea
The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq
