Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
The March 23 Movement (M23) rebels have announced plans to establish their own banking system in areas under their control in the Democratic Republic of Congo (DRC), signaling their continued hold over the region.
Kinshasa — The Democratic Republic of Congo (DRC) has officially announced a significant increase in the salaries of its armed forces and national police, in a move widely seen as a response to mounting pressure over corruption in the security sector and wides
A shocking video has emerged of a Centenary Bank staff member, identified as Bernard, reporting to work in a drunken state.The video, which has been circulating on social media, shows Bernard slumped over his desk
On NBS Barometer, political leaders discussed the National Resistance Movement (NRM)’s support in Central Uganda, concerns about corruption, and governance issues. The conversation reflected different views on the reasons behind NRM’s losses in the region an
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
President Yoweri Museveni has launched a high-stakes campaign to reclaim the opposition-dominated Kawempe North constituency, urging voters not to be "fooled again" by the National Unity Platform (NUP).With the by
The National Resistance Movement (NRM) Parliamentary Caucus, led by President Yoweri Kaguta Museveni, met at State House on March 7, 2025, to discuss budget priorities for the 2025–2026 financial year, corruption, and the impact of USAID funding withdrawal.
Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers.The Infinite Card, a globally recognized ultra-premium debit or credit card,
