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Banks Approved Loans Worth UGX2.03Tn In April Out Of The Requested UGX4.074Tn-Report

Banks Approved Loans Worth UGX2.03Tn In April Out Of The Requested UGX4.074Tn-Report

The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc

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STANBIC BANK’S TAX NIGHTMARE: URA Walks Away with UGX 11 Trillion Business Over Unpaid Taxes

STANBIC BANK’S TAX NIGHTMARE: URA Walks Away with UGX 11 Trillion Business Over Unpaid Taxes

Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t

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VP Alupo, Nabbanja Lead Cabinet Visit to Kingfisher Project in Kikuube as Uganda Nears First Oil

VP Alupo, Nabbanja Lead Cabinet Visit to Kingfisher Project in Kikuube as Uganda Nears First Oil

high-level Government delegation led by Vice President , Maj. (Rtd.) Jessica Alupo, and the Prime Minister, Robinah Nabbanja, has visited the Kingfisher Development Area in Kikuube District to assess progress towards Uganda’s first oil.The delegation, which included Cabinet Ministers, P

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Seven-Year-Old Kidnapped, Killed in Kyenjojo

Seven-Year-Old Kidnapped, Killed in Kyenjojo

Police in Kyenjojo are holding two suspects accused of orchestrating the kidnap of a seven- year -old boy and later killed him after demanding ransom.Spokesperson, Kituuma Rusoke told journalists on Monday that Osber Turinayo was kidnapped on June,12 from Kisoroma village, Kitongore parish

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Karamojong Warriors Ambush Boda Boda Rider in Kaabong

Karamojong Warriors Ambush Boda Boda Rider in Kaabong

Armed Karamojong warriors on Sunday morning ambushed a boda boda rider in Ligot Village, Loyoro Sub-county, Kaabong District, robbing him of a mobile phone and cash. The incident occurred at about 8:30 am when 15 armed warriors reportedly attacked Joseph Lomoe, 21, a boda boda rider.The as

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Manchester United finalizes imminent transfer of Ederson from Atalanta

Manchester United finalizes imminent transfer of Ederson from Atalanta

Brazilian midfielder confirms move is 'almost done' as United invests £34 million to rebuild its engine roomEderson, the Brazilian midfielder who has spent the last several seasons anchoring Atalanta’s midfield in Serie A, confirmed that his transfer to Manchester United is nearly compl

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Senior police officers face arrest over alleged defiance of court orders

Senior police officers face arrest over alleged defiance of court orders

Two senior police officers are facing possible arrest and imprisonment after being accused of defying court orders by allegedly aiding the forceful entry and attempted eviction of occupants from a disputed piece of land in Kampala. The application, filed before the Land Division of the High Court

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Police Recover Decomposing Body After Suspects Demand Shs1.5 M Ransom

Police Recover Decomposing Body After Suspects Demand Shs1.5 M Ransom

Police in Kyenjojo District have arrested two suspects in connection with the alleged kidnap and murder of a seven-year-old boy who was reportedly strangled to death.The victim, identified as Osbert Turinayo, went missing on the night of June 12, 2026, at around 9:00 p.m. after leaving hom

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Man Utd receive Sandro Tonali transfer update with £35m deal 'almost sorted'

Man Utd receive Sandro Tonali transfer update with £35m deal 'almost sorted'

Sandro Tonali is attracting plenty of interest this summer (Image: Getty)Manchester United are reportedly ditching their pursuit of Sandro Tonali, as they believe the combined cost of a deal would be too high. United were said to have earmarked the Italian as a top transfer target, with To

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Manchester United rejects offers for Benjamin Šeško this summer

Manchester United rejects offers for Benjamin Šeško this summer

The Slovenian striker is staying put at Old Trafford despite reported interest from La Liga clubsManchester United has no intention of parting ways with Benjamin Šeško this summer. The club is rebuffing interest from Spanish clubs, signaling that the 22-year-old Slovenian striker remains

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