She was accused of laundering money for her son serving a prison sentence in Cambodia on drug trafficking chargesA court in South Korea sentenced a 90-year-old grandmother to a year in prison for aiding her jailed son in laundering profits from drug trafficking.The Incheon District
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Centenary Bank, the leading microfinance bank in the country and the Office of the Supreme Mufti (OSM) partnered to roll out the OSM Digital Payments Platform, a transformative initiative aimed at facilitating seamless financial transactions within Muslim communities through secure, convenient, a
Police in Kampala are hunting for a private security guard who is accused of breaking into a vehicle and stealing shs290 million in cash and gold worth shs500 million.Kampala Metropolitan deputy police spokesperson, Luke Owoyesigyire named the security guard as Justine Akena, attached to M
Police have arrested 11 suspects in connection with the aggravated robbery and fatal shooting of Soroti City businesswoman Kokunda Patricia.The 36-year-old mobile money operator was shot dead on April 3 at about 4:40 AM near Goalman Supermarket along Station Road. Her attackers fled the sc
In a significant breakthrough in the Soroti City murder case, police in the East Kyoga region have arrested a fifth suspect and retrieved a weapon believed to be used in the killing. This follows the tragic shooting of mobile money operator and businesswoman Patricia Kokunda, 32, last week.
TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade
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
Police also impounded four motorcycles believed to have been used in the commission of the crimes, noting that some of the bikes are suspected to have been stolen and used for quick escape after attacks.Police arraign some of the suspects believed to be part of the notorious panga-wielding
Former minister Agnes Nandutu makes an emotional plea for forgiveness, citing ill health, family responsibilities, and restitution efforts, as prosecution pushes for a custodial sentence of at least five years.Former Minister for Karamoja, Agnes Nandutu, has asked for pardon from the peopl
