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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

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Uganda has minerals the US needs – so why is there no trade deal?

Uganda has minerals the US needs – so why is there no trade deal?

Unlike its approach to Rwanda, Kenya, DR Congo, and Tanzania, the United States has not been intentional in pursuing commercial engagement with Uganda.Different from its neighbours, Uganda is not a direct party to any binding trade agreements with the U.S. and relies on regional arrangemen

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Tycoon Sudhir’s luxury One Ten Apartment Tower in Kololo gains shape

Tycoon Sudhir’s luxury One Ten Apartment Tower in Kololo gains shape

Tycoon Sudhir Ruparelia’s ambitious luxury residential development, the One Ten Apartments, is steadily rising in Kololo as one of the most prominent high-end property projects currently reshaping the skyline of Kampala.The 15-storey apartment tower, located along Prince Charles Drive, i

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20 Mbale City Workers Ordered to Refund UGX 66 Million in Irregular Salaries

20 Mbale City Workers Ordered to Refund UGX 66 Million in Irregular Salaries

Lady Justice Naluzze Aisha BatalaThe Inspectorate of Government has directed the City Town Clerk of Mbale City to recover more than UGX 66 million from 20 city officials who were irregularly overpaid salaries.In a press statement issued on 5th March 2026, the Inspectorate said the m

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Police Officer Arrested Over Mobile Money Scam

Police Officer Arrested Over Mobile Money Scam

A suspect being arrested (courtesy photo)Overview:According to the police, Olanya had conned Shs 250,000 from one agent at the time of his arrest. Authorities reportedly began monitoring his movements after noticing a recurring pattern in incidents reported by different operators wi

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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Uganda raises 2026/27 spending projection by 12.7% to $21.78 billion

Thomas MukoyaKAMPALA, Feb 20 (Reuters) – Uganda raised its projected public spending for the 2026/2027 financial year by 12.7% to 78.2 trillion shillings ($21.78 billion), up from an earlier estimate of 69.4 trillion shillings, the finance ministry announced on Friday.In a post on

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Audit finds widespread financial mismanagement at National Drug Authority

Audit finds widespread financial mismanagement at National Drug Authority

A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s

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DPP withdraws trafficking and defilement case against Kampala Socialite Don Nasser

DPP withdraws trafficking and defilement case against Kampala Socialite Don Nasser

Kampala socialite Nasser Nduhukire, also known as Don Nasser, appears in the dock at Buganda Road Magistrate’s Court in Kampala, Uganda, where he was committed to the High Court for trial over allegations of trafficking and defiling a minor.The Director of Public Prosecutions has formall

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EACOP project sparks ongoing battle over land and justice

EACOP project sparks ongoing battle over land and justice

Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea

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