In a significant development for East Africa, Uganda has officially become a Partner State of BRICS (Brazil, Russia, India, China, and South Africa) starting January 1, 2025. This marks Uganda as the first East African country to join the BRICS partnership, join
Centenary Bank, a financial institution owned by the Catholic Church of Uganda, is facing intense scrutiny over allegations of missing customer funds.The bank has been accused of illegally withdrawing UGX 4,000,00
Dr. Sarah Bireete, the Executive Director of the Centre for Constitutional Governance (CCG), has raised serious concerns about President Yoweri Museveni's focus on minor corruption while ignoring much larger issues. In a discussion on UBC's Behind the Headlines,
Anita Annet Among has risen to become one of the country’s most powerful and wealthy women. Her journey from being a housemaid and bank cleaner to becoming Speaker of Uganda’s 11th Parliament is truly remarkable.
Jim Spire Ssentongo has highlighted significant issues faced by a retired employee in his dealings with the Uganda Revenue Authority (URA), bringing attention to the challenges retirees encounter within bureaucratic systems.
Juba, South Sudan — November 21, 2024: South Sudanese President Salva Kiir has made sweeping changes to the country’s security and financial leadership.In a series of decrees broadcast on state-owned South Sud
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
