Detained ASP-Rogers Musana on official uniformTerritorial police in Kampala are holding their own officer for allegedly conniving with a UPDF officer to rob city businessman, Robert Seguya cash worth 100,000 USD (Shs.370M).The crafty police chief, identified as Assistant Superintend
Until 2012, Edith Katende Nakitende Nabunya served as a high-flying manager at Standard Chartered Bank in Kampala. She was in the department of customer relations.Her work was taking care of high profile clients who had billions on their accounts. Real estates tycoon Emmanuel Matovu Magool
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
The Islamic Republic of Iran’s vast missile system is the brainchild of the U.S.-designated state-sponsor of terrorism, the communist North Korea regime, which works hand in glove with Iran, according to one of the world’s leading experts on the Iran-North Korea strategic alliance."The
Muhoozi, a known admirer of Rwandan President Paul Kagame, says he supports a degree in Theology as a primary requirement for anyone starting a churchGeneral Muhoozi Kainerugaba on Wednesday night made remarks that revived questions about the future of religious freedom in Uganda. T
KAMPALA – As every second, minute, hour, day, and month winds down, Uganda edges closer to its promise—the dawn of oil production.From drilling and completing wells to laying thousands of kilometres of pipeline, Uganda’s progress is unmistakable. Supporting infrastructure, central pr
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita
Remigio Achia, Vice Chairperson Budget Committee asked Ariko to ensure that the matter of unremitted water bills is handled by the Ministry of Finance remarking, “This matter should be captured and reported to the Ministry of Finance.The revelation was made by Herbert Ariko, Chairperson,
The High Court of Uganda has dismissed a civil suit filed by the NRM Mayor of Entebbe Municipality Fabrice Brad Rulinda against Stanbic Bank Uganda, confirming that the businessman’s conduct amounted to money laundering and validating the bank’s decision to freeze his account and reverse a su
