Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
The Inspector General of Police, Abas Byakagaba, has transferred 433 officers in a wide-ranging reshuffle that takes immediate effect.The changes affect several directorates and units within the Uganda Police Force, including Welfare, Production and Sports; Human Resource Administration; C
She was accused of laundering money for her son serving a prison sentence in Cambodia on drug trafficking chargesA court in South Korea sentenced a 90-year-old grandmother to a year in prison for aiding her jailed son in laundering profits from drug trafficking.The Incheon District
broad coalition of NGOs, students, businessmen, market women, coffee farmers, artistes, faith leaders and ordinary citizens has demanded the immediate and unconditional withdrawal of the Protection of Sovereignty Bill, 2026, warning that the draft law threatens Uganda’s Constitution, economy an
Court heard that between July 2022 and April 2023, the accused fraudulently obtained USD 286,910 (approximately Shs1.1 billion) from Qatar-based investors under the guise of securing a government contract.Businessman Gilbert Tumwebaze Bafanabyo walks handcuffed from Anti-Corruption Court i
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita
Justice Micheal Elubu of the Anti-Corruption Division of the High Court has issued a Court order freezing bank accounts opened in the names of General Trading Limited registered in Stanbic Bank, land titles and documents connected to controversial South Sudan gold dealer Henry Ochown alias Malong
The High Court of Uganda has dismissed a civil suit filed by the NRM Mayor of Entebbe Municipality Fabrice Brad Rulinda against Stanbic Bank Uganda, confirming that the businessman’s conduct amounted to money laundering and validating the bank’s decision to freeze his account and reverse a su
Kampala, Uganda | THE INDEPENDENT | More than 7,000 illegal gaming machines worth Shs8.8 billion have been seized across Uganda over the past five years in operations aimed at curbing unlicensed gaming and protecting the public from exploitation. The enforcement operations, conducted from the 202
Nine Finance Ministry officials have been committed to the High Court after the DPP sanctioned fresh charges in the alleged Shs60bn public funds loss case.Nine Finance Ministry officers were committed to the High Court over the alleged Shs60bn loss.Kampala, Uganda: The Director of P
