Four people accused of attempting to defraud Stanbic Bank of Shs725 million were on Friday formally charged before the Buganda Road Chief Magistrate’s Court.They face seven counts, including forgery, uttering false documents, personation, attempted theft, and conspiracy to com
The High Court Civil Division has set 19th November, 2025 as the date to begin hearing a public interest case filed against President Yoweri Kaguta Museveni, the Attorney General, businessman Hamis Kiggundu, and several government agencies over the controversial development works on the Nakivubo
CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with
Finland has said that the two countries’ cooperation is a growing challenge for the US-led military blocFinland has accused China of supporting Russia in the Ukraine conflict and described the two countries’ deepening cooperation as a growing challenge for NATO. Beijing has
Dodoma – President Samia Suluhu Hassan has named Dr. Mwigulu Nchemba, her long-serving former Finance Minister, as Tanzania’s new Prime Minister.The appointment, ratified by parliament in a near-unanimous vote on Thursday, 2025, comes just weeks after Hassan’s landslide vi
Before launching his parliamentary campaign at Kamwokya Market under the joint “Kampala Under the Umbrella” initiative, Rubongoya conducted a door-to-door outreach in Kisenyi, Kyamuka, and Kifumbira zones, where he interacted with residents and appealed for their votes.David
Beirut, Lebanon — Somalia's Minister of Finance, Biixi Imaan Cige, on Wednesday attended the Arab Countries' Meeting on Public Finance and Budgets, held at the United Nations headquarters in Beirut, Lebanon's capital.The high-level gathering focused on financing social sectors
Finance State Minister Amos Lugoloobi has finally walked free after the Directorate of Public Prosecutions (DPP) dropped all charges against him in the famous Karamoja iron sheets scandal, a case that once shook the government and angered millions of Ugandans.The DPP’s decisio
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating th
Rot In Health Ministry: Parliament Exposes 18yr Scandal In Donor-Funded ProjectsThe Ministry of Health has come under renewed fire in Parliament over a string of stalled, donor-funded projects some delayed for nearly two decades raising fears that the newly proposed cancer centres in Arua
