At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
As Christians celebrated the resurrection of Jesus Christ, St. Peter’s Cathedral in Tororo turned its attention to a pressing concern—raising funds to protect church land reportedly under threat from grabbers.The Easter fundraising drive, led by the Bishop of Bukedi Diocese, Samuel Bog
Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debtNew Delhi/Islamabad, April 4 Facing mounting pressure, Pakistan has agreed to fully repay approximately “USD 3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of A
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
Four of the six summoned Masindi Municipal Council officials by the Masindi district Public Accounts Committee (PAC) boycotted the call to answer financial queries raised by the Auditor General for the Financial Year that ended on December 30, 2025. The officials summoned included the Ac
President Yoweri Museveni has reappointed Robert Mukiza as Director General of the Uganda Investment Authority (UIA), despite a major dispute that rocked the agency in 2024. The conflict between Mukiza and State Minister for Investment Evelyn Anite centered around serious allegations of corruptio
As digital banking adoption accelerates across East Africa, concerns over cybercrime continue to grow, with fraudsters increasingly targeting unsuspecting users through sophisticated digital attacks.According to the Uganda Police Annual Crime Report 2024, cybercrime-related losses in Ugand
The request was presented to Parliament’s ICT Committee by the Ministry of ICT and National Guidance during the FY 2026/27 ministerial policy statement meeting on Thursday.Uganda Broadcasting Corporation (UBC) is seeking Shs 32 billion to cover the costs of broadcasting the upcoming Afri
The salary of privates in the Uganda Peoples’ Defence Forces could jump from Shs 650,000 to Shs 816,280 if a resolution reached between the defence ministry and Parliament holds.The proposed salary increment was agreed to by the Ministry of Defence and Veteran Affairs officials and Membe
Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on imported spirits and building materials.Minister of State for Finance, Henry Musasizi, presented the bill in Parliament
