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
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
Ugandan football fans got a taste of hope this week when Nakivubo’s management gleefully announced that FIFA had officially certified the stadium’s turf system. The celebratory statement from the stadium’s management committee chairman, Rogers Mulindwa, carried all the enthusiasm of a goat thi
