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
Fame often comes with wealth, admiration, and influence, but it doesn’t erase human imperfection. Time and again, some of the world’s most celebrated figures have found themselves entangled in legal scandals, reminding the public that celebrity does not place one above the law.One of t
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
ChatGPT, the popular artificial intelligence (AI) bot, sometimes takes criticism for providing erroneous calculations or generic information. But when it comes to outlining the worst things you can do with your money, the AI is spot-on.I asked ChatGPT this very question to see what advice
Legal advisor Gert Nel from the Association for the Protection of Road Accident Victims claims the Fund manipulates its books to conceal massive debt and avoid paying accident victims.Parliament’s Standing Committee of Public Accounts (SCOPA) is trying to uncover the rot at the Road Acci
Museveni assured in a message that any mistakes linked to construction over Nakivubo Channel would be “correctedPresident Yoweri Museveni last night pledged government support for traders whose goods were destroyed in last week’s floods in downtown Kampala.Museveni assured in a
Life is full of moments where the wrong choice feels incredibly right. These temptations often whisper seductive promises: instant relief, avoided conflict, immediate satisfaction.But the thing about tempting choices is that they often lead us exactly where we don’t want to go. Sometimes
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action so far by a
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
