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M23 rebels move to establish own banking system in captured DRC cities

M23 rebels move to establish own banking system in captured DRC cities

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.

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"Don't Be Fooled Again" Museveni Tells Voters as He Battles NUP in Kawempe North By-Election

"Don't Be Fooled Again" Museveni Tells Voters as He Battles NUP in Kawempe North By-Election

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

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Absa expands card portfolio with launch of exclusive Visa infinite, signature, business cards

Absa expands card portfolio with launch of exclusive Visa infinite, signature, business cards

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,

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Experts urge accountants to embrace leadership beyond numbers in the digital age

Experts urge accountants to embrace leadership beyond numbers in the digital age

Accounting professionals must adopt leadership that transcends financial metrics by embracing adaptability, integrity, and continuous learning in an era of rapid technological transformation, experts have advised.Speaking at the 15th Institute of Certified Public Accountants of Uganda (ICP

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UBA inducts over 3200 young professionals under GMAP initiative

UBA inducts over 3200 young professionals under GMAP initiative

Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP) which to date has produced over 3,222 young

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Grace Muliisa: The Ecobank Uganda MD putting people first in banking

Grace Muliisa: The Ecobank Uganda MD putting people first in banking

In the fast-paced world of banking, where numbers often take precedence over people, Grace Muliisa is leading with a different approach one that prioritises service, community, and innovation.As the Managing Director of Ecobank Uganda since 2021, she has set herself apart by focusing on pe

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Man Sentenced to Two Years for Withdrawing She848million Mistakenly Deposited in His Account

Man Sentenced to Two Years for Withdrawing She848million Mistakenly Deposited in His Account

In a landmark ruling at the Nakasero-based Anti-Corruption Court, Justice Lawrence Gidudu sentenced Ronald Jimmy Ajuk, proprietor of Smart Parking Technology, to two years in prison.Ajuk was convicted of unlawfull

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	Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate

Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate

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

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Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had previously benefited from Absa’s financing at the group level, said the first tranche of Shs5b had been disbursed.

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Nakawa East: Who will be Balimwezo’s rival?

Nakawa East: Who will be Balimwezo’s rival?

When the ruling National Resistance Movement (NRM) government gerrymanders constituencies, the official explanation given is that such a move is intended to bring services closer to the people and ensure fair distribution of resources among Ugandans.  The same explanation was given wh

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