The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
Entebbe police is holding Charles Mayanja, a real estate dealer, following his fallout with Bushenyi High court judge Amos Kwizera over land located in Kasanje, Wakiso district.According to one of the police investigating officers, Mayanja has been detained for failure to clear payment to
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ
The Uganda National Chamber of Commerce and Industry (UNCCI) has a new champion at the helm, with renowned city lawyer and businessman Hon Kwesiga Ronald taking over as Vice President of the Board. Kwesiga’s appointment is set to transform the organisation and Uganda’s business landscape.
Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Faisol Nyanzi has been remanded to prison until November 4, 2025, as investigations continue.Kampala, Uganda: The State House Anti-Corruption Unit (SH-ACU), in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions (ODPP), has
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
The Parliamentary Committee on the National Economy has approved a government request to borrow Shs772 billion to address long-standing water supply challenges in four Ugandan districts.The funds will finance the Strategic Town Water Supply and Sanitation Project in Kayunga, Mayuge, Kamuli
A newly chartered Rotary club in Kampala has pledged to build a state-of-the-art hospital named after Rotary District Governor Christine Kawooya Kyeyune, as a tribute to her exemplary leadership and service to community health.Speaking at the official chartering of the Rotary Club of Muyen
KAMPALA – The Rotary Club of Muyenga Forest Hills has been officially chartered in a colorful ceremony held at Forest Park Muyenga, with top Rotary officials pledging support for the club's ambitious agenda to uplift slum communities.Presided over by Rotary District 9214 Governor Christi
