What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con
The National Identification and Registration Authority (NIRA) has announced a nationwide road drive clinic aimed at accelerating the issuance of 10.3 million national identity cards.The initiative comes in response to overwhelming demand at district offices, where citizens have faced long
A bold vision to transform Uganda into a $500 billion economy has been laid out, with a strong warning that the country risks missing out unless it urgently empowers its private sector.Presenting before National Resistance Movement Members of Parliament at the National Leadership Institute
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Centenary Bank, the leading microfinance bank in the country and the Office of the Supreme Mufti (OSM) partnered to roll out the OSM Digital Payments Platform, a transformative initiative aimed at facilitating seamless financial transactions within Muslim communities through secure, convenient, a
Activist Agather Atuhaire says Centenary Bank has frozen her account after her organization AGORA’s accounts were blocked.AGORA Discourse is a digital public square promoting human rights, public accountability and social justice.The freezing of bank accounts belonging to non-gove
In December 2012, businessman Arvind Patel sued Zzimwe Enterprises and its directors, Paul Kasagga and Josephine Kasagga, demanding Shs 612 million.Paul and Josephine are the children of prominent businessman Andrew Kasagga, the founder of Zzimwe Enterprises, who died in 2010.Patel
At least 10 people have died in two separate motorcycle crashes in eastern Uganda, with traffic police linking the fatalities to overloading, speeding, and reckless riding as enforcement operations intensify nationwide.At least 10 people have been killed in two separate motorcycle crashes
The Anti-Corruption Unit, in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions (ODPP), has made a significant arrest in a case that has stunned the public. Kizito Ronald, a man charged with demanding money with menaces, was brou
Police in Kampala are hunting for a private security guard who is accused of breaking into a vehicle and stealing shs290 million in cash and gold worth shs500 million.Kampala Metropolitan deputy police spokesperson, Luke Owoyesigyire named the security guard as Justine Akena, attached to M
