A shocking bank scandal has erupted after Ugx 69 million mysteriously disappeared from a customer’s account in just five minutes, leaving behind a trail of fear, anger and serious questions about the safety of money in Uganda’s banking system.The man at the center of the storm is Chine
Safeboda for instance, questioned how riders from areas such as Najjera or Kira would complete trips to destinations within the central business district if bodabodas are prohibited from accessing key areas.Stakeholders in Kampala’s transport sector have raised questions about the implem
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru
Nelson Kabanda, who is spearheading the registration of the affected traders, said they had been surviving on their own, but that is now impossible since the fire did not spare any businesses. Kabanda explained that furniture traders even lost the equipment used for processing timber.More
President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence
Police spokesperson Kituuma Rusoke said the force is aware of growing public concern over rising crime in Kampala and Wakiso and urged residents to use police hotlines as security operations intensify.Police have said they are aware of concerns raised on social media about the rising crime
AT least 21 people have tragically drowned after a boat capsized in the Nile as rescuers frantically work to find the remaining passengers.The passenger ferry was carrying 30 people when it overturned in the Tayba-Al-Khawad area of Sudan on Wednesday.The ship on Nile River, Khartoum
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga
The Minister of Information and Communication Technology and National Guidance, Dr Chris Baryomunsi, has called on banks in Uganda to embrace modern technology to enhance efficiency and improve service delivery to customers.Dr Baryomunsi made the remarks while speaking at the National Lead
