The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq
Eleven suspects accused of defrauding a businessman of more than $2.5 million(approximately shs11 billion) and laundering the proceeds have been remanded to Luzira Prison by the Buganda Road Chief Magistrate’s Court.The accused include Peter Lubwama, Henry Ochown alias Malong Tong, Pasc
The Mukono High Court orders the exhumation of a prominent Kampala trader’s body for a DNA test to resolve a bitter 40 billion shilling property dispute.MUKONO, Uganda — The Mukono High Court ordered the exhumation of a prominent Kampala businessman’s body for a DNA paternity test to
High Court’s Commercial Division has dismissed a bid by businessman and former property developer, Sendyona Mukasa Edward to be declared bankrupt, paving the way for Equity Bank Uganda to sell his remaining home to recover an outstanding loan.In a case filed as Bankruptcy Cause No. 3 of
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC monetary statistics.The data indicates Uganda's position at the top of the regional interest rate rankings
WEST HAM have announced the departure of ten players following their drop to the second division.The Hammers are in a tricky situation as they head to the Championship, and will look to recoup as much as possible back in player sales.West Ham United v Leeds United - Premier League
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the revenue projections. The budget comes at a time when policymakers are positioning mineral resources, especially oil and gas, as
Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda.Uganda’s oil journey has been defined less by extraction than by
The killing of Rugby Cranes player Sydney Gongodyo by a mob in Kira in Kampala on Friday has renewed concerns about public safety and the growing incidence of mob justice amid reports of murder, robbery and theft in different parts of the country.Gongodyo, 27, was allegedly attacked by an
