Customs officials at the Jomo Kenyatta International Airport (JKIA) on Thursday arrested six female suspects attempting to smuggle USD$857,300 (Sh103.6 million) from India.The six women of Somali origin arrived at the airport from India aboard Ethiopian airline flight Number ET3
CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with
A Russian crypto Roman Novak went missing with his wife but the pair were later killed - he had been known for defrauded partners out of thousandsRoman Novak and his wife Anna were killed in the UAE A Russian cryptocurrency fraudster and his wife have been kidnapped and k
Madagascar’s former president Andry Rajoelina has been stripped of his nationality after fleeing the country earlier this month amid widespread youth-led protests.The news came as his former advisor, businessman Maminiaina Ravatomanga was arrested in Mauritius, on suspicion la
From January 12 to February 9, 2026, Ugandans will head to the polls to elect leaders across various levels, including Presidential, Parliamentary, and Local Government CouncilsBobi Wine, Yvonne Mpambara and President Yoweri MuseveniFrom January
State inquiry launched into fraudulent mining deal that duped Dutch investor, exposed systemic abuse in Uganda’s extractive sectorKotido, Uganda – A significant financial scandal involving an alleged UGX 2 billion go
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
