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Stanbic Bank ordered to compensate worker it dismissed after suspicious cash withdrawal

Stanbic Bank ordered to compensate worker it dismissed after suspicious cash withdrawal

Elizabeth Nyasuna, who worked as Team Leader at Stanbic Bank’s Entebbe branch, has been awarded Shs 40 million by the court after the bank unlawfully dismissed her over a suspicious Shs 75 million cash withdrawal in 2012.Justice Anthony Wabwire Musana of the Industrial Court said Stanbic

Ultimate Uganda

Don’t Gamble With Lukwago’s Life!” Lawyers Battle For Bail As Court Defers Hearing

Don’t Gamble With Lukwago’s Life!” Lawyers Battle For Bail As Court Defers Hearing

Lawyer and former Kampala Lord Mayor Erias Lukwago has been remanded to Luzira (Murchison Bay) Prison after appearing before court on charges of misprision of treason.His lawyers were led by Medard Ssegona Lubega. The others include Proscovia Kinihira, Samuel Muyizzi, Muhammed Nsereko, Mat

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MPs divided over new UGX 84.3 trillion national budget

MPs divided over new UGX 84.3 trillion national budget

Ugandan members of Parliament are divided over the new 84.3 trillion shilling national budget for the 2026-2027 financial year, with ruling party lawmakers praising its infrastructure funding and the opposition warning of a heavy tax burden.KAMPALA, Uganda — Lawmakers are divided over th

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Basalirwa: Opposition Suffocating Under Money and Structure Gaps

Basalirwa: Opposition Suffocating Under Money and Structure Gaps

Veteran opposition politician and JEEMA President Asuman Basalirwa has defended the relevance of smaller political parties in Uganda, while acknowledging the structural and financial constraints that continue to undermine their competitiveness in the country’s political landscape.Appeari

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BoU Allays Fears of Cash Withdrawal Caps at Banks

BoU Allays Fears of Cash Withdrawal Caps at Banks

The recent announcement by the Bank of Uganda introducing new limitations to over-the-counter cash withdrawals and check payments have has raised questions over the motives behind it. ‎The banks have been given the next six months to transition to the new policy adjustment.‎The new mea

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Inside the Shocking Sh4.6 Billion Equity Bank Heist: Supreme Court Seals Fate of Rogue Manager as Fraud Plagues Banking Giant

Inside the Shocking Sh4.6 Billion Equity Bank Heist: Supreme Court Seals Fate of Rogue Manager as Fraud Plagues Banking Giant

The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq

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Eleven Remanded Over Alleged Shs11Bn Industrial Park Investment Fraud

Eleven Remanded Over Alleged Shs11Bn Industrial Park Investment Fraud

Eleven suspects accused of defrauding a businessman of more than $2.5 million(approximately shs11 billion) and laundering the proceeds have been remanded to Luzira Prison by the Buganda Road Chief Magistrate’s Court.The accused include Peter Lubwama, Henry Ochown alias Malong Tong, Pasc

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I Won’t Kneel Before M7’s Son! Erias Lukwago’s wife Roars Defiantly and Declares Gen MK Heartless as His Kids Choke on Anger, Vow Revenge

I Won’t Kneel Before M7’s Son! Erias Lukwago’s wife Roars Defiantly and Declares Gen MK Heartless as His Kids Choke on Anger, Vow Revenge

The wife of persecuted Dr. Kizza Besigye’s defence lawyer Erias Lukwago has vowed not to relent but to go down fighting as opposed to bending a knee in order to plead and secure lenient treatment for her husband.The Nalongo on Tuesday told Kabaka’s BBS Terefayina TV that she is doubtfu

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Salary Increment Promise: Museveni Breaks RDCs’ Hearts (See Details)

Salary Increment Promise: Museveni Breaks RDCs’ Hearts (See Details)

MuseveniKAMPALA, Uganda — For months, Resident District Commissioners (RDCs), their deputies and assistants across Uganda had looked forward to what many considered a long-overdue reward: a substantial salary enhancement that government officials and parliamentary committees had publicly

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UGX 533m Refund ‘Disappears’ in URA–Canaan Sites Shs 2.4bn Tax Settlement Drama

UGX 533m Refund ‘Disappears’ in URA–Canaan Sites Shs 2.4bn Tax Settlement Drama

tax dispute that began more than a decade ago over Value Added Tax (VAT) on land transactions has cost the Ugandan government at least UGX 2.48 billion in refunds, interest and legal costs, but fresh documents now indicate that an additional UGX 533 million remains unresolved despite being previo

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