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Ex-ULS president withdraws dismissal application in Shs4.1b theft case

Ex-ULS president withdraws dismissal application in Shs4.1b theft case

A senior lawyer and former Uganda Law Society (ULS) president accused of stealing over Shs4.1 billion meant for war loss compensation to Busoga Growers Cooperatives has withdrawn his applications that had sought to dismiss the charges against him. Mr John Matovu 62, of M/S Matovu & Matov

Ultimate Uganda

Richmond Finance Manager Instructs Staff to Withhold Tax Credit Information, Leaving Business Owners Unaware of Overpayments

Richmond Finance Manager Instructs Staff to Withhold Tax Credit Information, Leaving Business Owners Unaware of Overpayments

In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information on tax overpayments in reports used to review taxpayer accounts. This decision has negatively impacted local business owners, leavi

Ultimate Uganda

Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

Ultimate Uganda

Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Seniors across the nation are bracing for significant changes to their Medicare Advantage costs in 2025 as major updates are on the horizon for prescription plans. New Cost Caps and Premium Increases Medicare Advantage and Part D plans are in for a transformation that could have both positive an

Ultimate Uganda

Museveni can only become a King David, not Amin

Museveni can only become a King David, not Amin

Whenever President Museveni denounces Idi Amin, labelling him an 'idiot', it rekindles debates about the parallels and contrasts between these two prominent figures in Uganda's political history. Amin has globally been clustered in a band of brutal leaders like Adolf Hitler who was the maste

Ultimate Uganda

Diddy: From music mogul to criminal charges

Diddy: From music mogul to criminal charges

Sean "Diddy" Combs used his fame as one of hip-hop's biggest names to coerce women into demeaning sexual acts as part of a long-running scheme of sex trafficking and racketeering, prosecutors said on Tuesday in bringing three criminal charges against him. Combs, 54, pleaded not guilty in

Ultimate Uganda

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil

Ultimate Uganda

Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt

Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt

(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea

Ultimate Uganda

Jinja Engineer Accused of Stealing UGX 2 Billion from American Investor

Jinja Engineer Accused of Stealing UGX 2 Billion from American Investor

(Jinja) – If there is one thing Ugandans know how to do well, it is survival by any means necessary. But Engineer Stephen Bogere, the pride of Jinja, and his trusted dog handler, Wycliffe Ntende, might have taken this survival instinct a bit too far. The duo found themselves on the wrong side of t

Ultimate Uganda

Arizona Families Hold $360 Million Unspent in School Vouchers, Urging Lawmakers to Act

Arizona Families Hold $360 Million Unspent in School Vouchers, Urging Lawmakers to Act

A new study reveals that Arizona families are sitting on a massive $360 million in unspent funds allocated for school vouchers, raising concerns among education experts. Unspent Funds Accumulate According to the Grand Canyon Institute, around 60,000 Empowerment Scholarship Accounts (ESAs) have unsp

Ultimate Uganda