Search Results

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita

Ultimate Uganda

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu

Ultimate Uganda

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Tears, anger and desperation have engulfed the streets of Mbarara after a sweeping city council operation to restore “order” turned into a full-blown eviction storm, leaving thousands of street vendors, kiosk owners and small traders counting heavy losses and staring at an uncertain future.

Ultimate Uganda

Rwandan national jailed over botched Shs725 million Stanbic Bank fraud

Rwandan national jailed over botched Shs725 million Stanbic Bank fraud

Elizabeth Mbabazi, a Rwandan National who has been Convicted testifying Against her co Accused at Buganda Road Court.Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrate’s Court has convicted a Rwandan national, Elizabeth Mbabazi, for her role in the attempted theft of 7

Ultimate Uganda

Mobile money taxes reversing digital financial inclusion in Uganda

Mobile money taxes reversing digital financial inclusion in Uganda

Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay

Ultimate Uganda

GO AHEAD: KCCA clears Ham to complete Owino demolition

GO AHEAD: KCCA clears Ham to complete Owino demolition

The Authority said on Sunday that the remaining structures were “found to be destabilised and unsafe” and recommended “their controlled removal to protect traders, customers, and the surrounding community.” Kampala Capital City Authority (KCCA) has cleared the complete demolition o

Ultimate Uganda

UTB BANK BOSS ON THE SPOT AS CLOSE TO UGX 70M VANISHES IN 5 MINUTES – Customer Demands Refund, Accuses Executive Director of Shielding Fraudsters

UTB BANK BOSS ON THE SPOT AS CLOSE TO UGX 70M VANISHES IN 5 MINUTES – Customer Demands Refund, Accuses Executive Director of Shielding Fraudsters

A shocking bank scandal has erupted after Ugx 69 million mysteriously disappeared from a customer’s account in just five minutes, leaving behind a trail of fear, anger and serious questions about the safety of money in Uganda’s banking system.The man at the center of the storm is Chine

Ultimate Uganda

Police arrest 14 in crackdown on boda-boda robbery syndicate in Kampala

Police arrest 14 in crackdown on boda-boda robbery syndicate in Kampala

Police have arrested 14 suspects accused to be part of the gangs robbing boda boda riders and dismantling stolen motorcycles in Kampala.Kampala Metropolitan Police Deputy Spokesperson, ASP Luke Owoyesigyire, confirmed the incidentKampala, Uganda: Police in Kampala Metropolitan South

Ultimate Uganda

NMS ROT RELOADED! New Report Exposes Drug Delivery Failures, Billions in Expired Medicines & A Brewing Succession War Around Kamabare

NMS ROT RELOADED! New Report Exposes Drug Delivery Failures, Billions in Expired Medicines & A Brewing Succession War Around Kamabare

A thunderous alarm has been sounded over Uganda’s lifeline for public medicines after the latest report from the Auditor General ripped open the operations of the National Medical Stores, exposing a web of operational failures, delayed drug deliveries, expired medicines worth billions and deep-

Ultimate Uganda

Lira City to relocate street vendors to five markets

Lira City to relocate street vendors to five markets

Lira City, Uganda: Authorities in Lira City have announced plans to relocate street vendors operating within the central business district to five designated markets in an effort to reduce congestion, restore order and improve the trading environment.City leaders say the decision follows g

Ultimate Uganda