Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
Tensions within Uganda’s oldest political party, the Democratic Party (DP), have escalated as Julius Dumba, the current Uganda Youth Democratic (UYD) Chair for Kampala District and an aspiring candidate for the position of President General, has raised grave concerns over the transparency and f
Ugandan welders have applauded the East African Crude Oil Pipeline company for its recently launched advanced orbital welding training program to equip local engineers and welders with the expertise needed for the region’s largest oilpipeline.Uganda’s oil sector is
Uganda’s General Muhoozi Kainerugaba has issued a bold warning to U.S. President Donald Trump, advising him against signing any mineral deals in East Africa that exclude Uganda and Rwanda.
Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under this new initiative, anybody connected to Airtel will be in position to initiate the whole process of obtaining a new m
Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointment was first announced in December of last year.“I am delighted to join Stanbic Bank Uganda. With the suppor
In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
On Tuesday, February 4, 2025, an Indian businessman was robbed of Shs50 million by unknown assailants in Iganga District, Eastern Uganda.The robbery occurred in Kasokoso village, Iganga Municipality, as the busine
In a landmark ruling at the Nakasero-based Anti-Corruption Court, Justice Lawrence Gidudu sentenced Ronald Jimmy Ajuk, proprietor of Smart Parking Technology, to two years in prison.Ajuk was convicted of unlawfull
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No
