Kampala, Uganda:Uganda’s electricity distribution sector is set for a major transition as Umeme Limited officially hands over operations to the Uganda Electricity Distribution Company Limited (UEDCL) on April 1, 2025, which will coinside with fools’ day. Thi
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.
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
In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
The Criminal Investigations Directorate (CID) of Uganda has arrested seven individuals from the Ministry of Finance and Bank of Uganda following a three-month investigation into the disappearance of USD 16 million (approximately UGX 60 billion) from the Bank of
Goma, DRC – The leader of the Alliance Fleuve Congo (AFC) and political head of the M23 rebel movement, Corneille Nangaa, has declared an end to the state of siege in North Kivu and announced plans to establish a civil administration in the coming days.
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
The America Next Top model host has been quietly living down under for over a yearTyra Banks has always been one to light up a room, wh
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
