Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
It appears that all may not be well in the marriage of Nollywood actress Regina Daniels
This is yet another story about the
Photo of Uganda shillings ( Photo For Illustration only)Uganda has faced numerous corruption scandals over the years, leading to significant financial losses and public outcry. Here are some of the most notable ca
AMPALA – Parliament was thrown into chaos after the Minister of State for Internal Affairs, Gen. David Muhoozi, unexpectedly withdrew the Forensic Evidence Bill, 2024.Lawmakers and stakeholders are now questioni
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
An investigation into the recent arrest of accountant general Lawrence Semakula and eight other Finance ministry staff has drawn in the names of Kiryowa Kiwanuka and Ramathan Gggobi as being at the centre of a conspiracy to mudsling and punish Semakula.
KAMPALA – In May last year, Uganda netizens were shocked after it emerged that the President had written to the Speaker, seeking an explanation over claims that she owns property in the UK.Museveni’s letter ca
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
Members of the Western Ankole Civil Society Forum took matters into their own hands by arresting Bushenyi District Engineer, Barnabas Kiiza Mbonimpa, on allegations of embezzling 339 million Ugandan shillings earmarked for constructing a playground at Kabushaho
