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Ugandan accountant embezzles Shs8 billion from Nick Cannon

Ugandan accountant embezzles Shs8 billion from Nick Cannon

Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri

Ultimate Uganda

Police arrest 2 suspects over Bank of Uganda laptop theft

Police arrest 2 suspects over Bank of Uganda laptop theft

Police have arrested two suspects and recovered two laptops following the recent break-in at Bank of Uganda headquarters in Kampala.Police arrested two suspects over the theft of seven laptops from Bank of Uganda headquarters.Officers recovered two stolen laptops during the operatio

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Free Compulsory Education to Return Before Cabinet Over Funding Unresolved Issues

Free Compulsory Education to Return Before Cabinet Over Funding Unresolved Issues

The government’s plan to fully implement free and compulsory basic education is expected to return to the Cabinet for fresh guidance, as significant funding gaps and other critical challenges continue to hinder its rollout.The policy, which seeks to strengthen Universal Primary Education

Ultimate Uganda

Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025

Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025

Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le

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Female Fish Traders Raise Alarm Over Rising Harassment, Corruption, and Trade Barriers

Female Fish Traders Raise Alarm Over Rising Harassment, Corruption, and Trade Barriers

Female fish traders operating along Uganda’s border points have raised concern over rising cases of sexual harassment, corruption, and inconsistent trade regulations that they say are undermining their businesses and livelihoods.The complaints were voiced during a stakeholder dialogue or

Ultimate Uganda

New law to compel drivers to fully pay off road crash victims

New law to compel drivers to fully pay off road crash victims

The Ministry of Works and Transport is drafting legislation to introduce accident victim assessors, a new cadre of professionals expected to quantify compensation claims and strengthen accountability for road crashes. Officials say the proposed law will empower assessors, also referred to

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Ex- Minister Kuteesa Loses Round One in Land Court Battle

Ex- Minister Kuteesa Loses Round One in Land Court Battle

The former Minister of Foreign affairs, Hon. Sam Kuteesa Kahamba is in deep sorrow after High Court sitting in Masaka dismissed his application in which he sought to compel Alice Nambooze Osaga to deposit a collateral security for costs in an ongoing land dispute.While delivering her rulin

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CDF to BoU Governor: Be careful with your statements

CDF to BoU Governor: Be careful with your statements

Gen Muhoozi Kainerugaba has cautioned BoU Governor Atingi-Ego over criticism of the sovereignty bill, as concerns grow about its economic impact.Gen Muhoozi Kainerugaba warns BoU Governor Atingi-Ego over his public comments.Atingi-Ego cautions that the sovereignty law could cause an

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EXPLOSIVE! Leaked Memo Exposes Inside Story Behind Juuko’s Exit from Stanbic Bank Uganda

EXPLOSIVE! Leaked Memo Exposes Inside Story Behind Juuko’s Exit from Stanbic Bank Uganda

A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi

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Former National Buffer Stock CEO and wife re-arrested after state withdraws charges

Former National Buffer Stock CEO and wife re-arrested after state withdraws charges

An Accra High Court has struck out charges against Abdul-Wahab Aludiba, former Chief Executive Officer of the National Buffer Stock Company Limited, and his wife, Faiza Seidu Wuni. The two were discharged by the court but were subsequently re-arrested by officials of the Economic and Organ

Ultimate Uganda