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A forex trader went to withdraw money from Ecobank. The manager locked him in the toilet, alerted police

A forex trader went to withdraw money from Ecobank. The manager locked him in the toilet, alerted police

The Eco Bank branch at Oasis Mall where Gabriel Achuk was locked in the toiletGabriel Achuk, a South Sudanese businessman who claimed he was locked inside the toilet of Ecobank at the Oasis Mall branch, where he had gone to withdraw money, has lost the case against the bank because his aff

Ultimate Uganda

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu

Ultimate Uganda

Africa’s one-dose cure brings sleeping sickness elimination within reach

Africa’s one-dose cure brings sleeping sickness elimination within reach

SPECIAL REPORT | BIRD AGENCY | Africa’s long battle against sleeping sickness may be approaching its final chapter as a new single-dose therapy gains international regulatory backing. The drug, acoziborole, received a positive scientific opinion on 27 February 2026 from the Committee for Medici

Ultimate Uganda

Cedi Expected To Lose Ground To The Dollar Before 2026 But Still Make History: “Slight Weakening”

Cedi Expected To Lose Ground To The Dollar Before 2026 But Still Make History: “Slight Weakening”

Fitch Solutions expects a slight weakening of the Ghana cedi to the US dollar before the end of December 2025The cedi is currently trading at GH¢12.00 to one dollar at the forex bureau and selling at GH¢10.92 on the interbank market.The cedi has been one of the best-performing cur

Ultimate Uganda

Ssenga Nantume shares traumatic experience with a ‘musama’ that changed her perspective on relationships
Tourism board, hotel owners lock horns over new licences

Tourism board, hotel owners lock horns over new licences

Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The board, that by the law, regulates the hospitality sector issued a warning that those facilities operating without a l

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74 financial institutions now access NIRA database, says BoU

74 financial institutions now access NIRA database, says BoU

Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr

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Foreign reserves fall to all time low

Foreign reserves fall to all time low

High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa

Ultimate Uganda

Our returns are in their own orbit, says NSS boss

Our returns are in their own orbit, says NSS boss

As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow manages to look both formal and effortlessly cool. It’s a Sunday morning. Time check: 10.20 am. He pauses, scanning the r

Ultimate Uganda