Business •
06 Jan '25
Centenary Bank, a financial institution owned by the Catholic Church of Uganda, is facing intense scrutiny over allegations of missing customer funds.The bank has been accused of illegally withdrawing UGX 4,000,00
Business •
07 Dec '24
Business •
07 Dec '24
Business •
25 Nov '24
Hassan Lutaaya, a boda boda rider from Kitaara, Entebbe Municipality, has been remanded to Luzira Prison until December 12, 2024, on allegations of defrauding Shs 600 million from the family of the late Masaka Diocesan Bishop, John Baptist Kaggwa.
Business •
20 Nov '24
The Special Forces Command (SFC) has denied any connection with a man arrested at the National Unity Platform (NUP) headquarters in Kampala, who claimed to be one of their soldiers. The man, identified as Sulaiman Watuke, was apprehended on Sunday at the NUP off
Business •
20 Nov '24
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DRC). Despite having the funds, the payment remains stuck due to unclear instructions from the DRC side, raising fears of property s
Business •
11 Nov '24
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Business •
08 Nov '24
(Nairobi) – A woman, known for showcasing her lavish lifestyle on social media, has been arrested in connection with a multi million dollar gold scam. The suspect, whose car, a Mazda CX 5 with registration number KDL 727 A, was also impounded by the Directorate of Criminal Investigations (DCI), is
Business •
08 Nov '24
Buganda Road Chief Magistrate’s Court has charged and remanded a man accused of being a fake doctor to Luzira prison over forgery of academic documents. Thirty-eight-year-old Ken Nyombi alias Innocent Ssemanda alias Samuel Alfred Teriyeitu or Fred Ssendi was arraigned on Friday befor
Business •
05 Nov '24
The Director General of the National Financial Investigation Agency (ANIF) in Equatorial Guinea, Baltasar Engonga, has been arrested for allegedly recording over 400 sextapes involving the wives of prominent individuals in the country.
The scandal came to light during a fraud investigation ag