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
Three people are nursing gunshot wounds following a confrontation between a private security guard and a man accused of attempting to disarm him at an Automated Teller Machine (ATM) at an Equity Bank Uganda branch in Arua on Friday.The injured were identified as Harriet Asara, 22, and Joan
KAMPALA, Uganda — Police in Kampala Metropolitan area have arrested five suspects after successfully foiling a planned robbery targeting a man transporting money to a bank in Wandegeya.The suspects have been identified as Ivan Gizamba, Rogers Muyingo, Juma Ashford, Musa Masiga, and James
KAMPALA, Uganda — Former Speaker of Parliament Rt. Hon. Anita Annet Among is reportedly facing fresh pressure as government investigators intensify inquiries into alleged illicit enrichment and abuse of public resources.According to information reaching this publication, authorities are
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
As of Friday afternoon, majority, MPs had stopped taking phone calls from former speaker Anita Among. The reason is that they got reports that, as her close allies and aides get summoned to answer fraud-related questions, she must already be under 24-hour surveillance.The MPs are scared af
Richard Byarugaba has joined Equity Group Insurance to lead its new asset management subsidiary as the company expands into wealth management services.Equity Group Insurance Holdings Limited (EGIHL) has appointed veteran financial executive Richard Patrick Byarugaba as Managing Director fo
The rebellions that confronted President Museveni after 1986 were not confined to Acholi, Teso or the eastern border areas. Along Uganda’s western and north-western frontiers, the NRM government faced insurgencies shaped by exile politics, cross-border sanctuaries, regional wars, and gri
There is a silent frustration growing among Ugandan employees. Not because people do not want to pay taxes.Most salaried workers already understand that taxation is part of nation-building. Every month, Pay As You Earn (PAYE) is deducted before salaries even hit bank accounts. Employees ha
Speaker of Parliament Anita Annet Among has opened up about her rise from humble beginnings to one of Uganda’s top offices, describing herself as a lifelong hustler.“All my life, I’ve been a hustler,” Among said. “I began as a housemaid, then made it to Centenary Bank as a teller
