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CID probe Uganda Airlines over alleged abuse of office and embezzlement

CID probe Uganda Airlines over alleged abuse of office and embezzlement

KAMPALA — The Criminal Investigations Directorate (CID), working jointly with the State House Anti-Corruption Unit, has launched investigations into alleged abuse of office, embezzlement of funds and falsification of accounts involving officials of Uganda Airlines.In a letter dated Janua

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No Stone is a Better than a Bullet’ – Bamwine Warns Those banking on Election Violence

No Stone is a Better than a Bullet’ – Bamwine Warns Those banking on Election Violence

Senior presidential adviser and Commissioner Fred Bamwine has cautioned Ugandans, particularly the youth, against engaging in violence during and after the forthcoming general elections, warning that political incitement could have devastating consequences.Bamwine said young people should

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UCC speaks out on internet, mobile money shutdown rumors

UCC speaks out on internet, mobile money shutdown rumors

Uganda Communications Commission Executive Director, Nyombi Thembo, addresses the media in KampalaKAMPALA, Uganda — The Uganda Communications Commission on Saturday flagged a viral public notice as fraudulent, dismissing claims that mobile money and banking services would be suspended du

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Stanbic launches Kasanje housing project

Stanbic launches Kasanje housing project

Stanbic Bank has launched a new housing project in Kasanje, offering a 16.5% mortgage rate to help Ugandans own homesKASANJE, Uganda — Stanbic Bank, in partnership with Quesi Properties, has officially launched the first phase of La Valle estate, a residential development in Wakiso distr

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Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly

Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly

Whether you’re facing unexpected expenses, need to pay school fees, or want to grab a timely opportunity, Equity Bank Uganda’s salary loans are designed to support your financial goals quickly and conveniently.Here’s a complete guide on how to apply, what you’ll need, and how to ma

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“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh

“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh

When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve

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Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h

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Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’

Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’

Some holders have migrated to a relatively secure address format called Segwit.Bitcoin quantumQuantum computing has made some progress, but not to the extent that it could pose a threat to the Bitcoin network and related wallets.According to Adam Back, CEO of Blockstream and

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Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

It makes sense why President Donald Trump would have a 

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Anne Juuko resigns from Standard Bank Group

Anne Juuko resigns from Standard Bank Group

Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee

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