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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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TV10 Executive Fined Shs4 Million, Equipment Forfeited Over Illegal Broadcasting

TV10 Executive Fined Shs4 Million, Equipment Forfeited Over Illegal Broadcasting

KAMPALA, Uganda — The Chief of Strategy at TV10 Gano Mazima, Dean Lubowa Ssaava, has been fined Shs4 million and ordered to forfeit all broadcasting equipment after pleading guilty to operating without a licence issued by the Uganda Communications Commission (UCC).The case highlights the

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Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Executive Committee, strengthening the Bank’s leadership as it accelerates its digital transformation agenda.Mukuru

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Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp

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Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L

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Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.

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HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli

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PTA Petitions First Lady Over Alleged Financial Mismanagement at Old Kampala SSS

PTA Petitions First Lady Over Alleged Financial Mismanagement at Old Kampala SSS

KAMPALA, Uganda — The Parents and Teachers Association (PTA) Executive Committee of Old Kampala Secondary School has petitioned the First Lady and Minister of Education and Sports, Janet Museveni, seeking urgent intervention over alleged financial mismanagement and administrative irregularities

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ROT AT UWA! Probe Exposes Sh18.8bn Fee GAPS, Ghost Concessions & Sh2.9bn Unpaid Wildlife Claims

ROT AT UWA! Probe Exposes Sh18.8bn Fee GAPS, Ghost Concessions & Sh2.9bn Unpaid Wildlife Claims

UWA Executive Director Dr. James MusinguziFresh revelations from the Auditor General’s report as of December 2025 have laid bare deep cracks inside the Uganda Wildlife Authority (UWA), raising tough questions about oversight, accountability and leadership at one of Uganda’s most strate

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BREAKING! IGG Arrests Principal Human Resource Officer Kanungu DLG Over 6 Months Unpaid Salaries

BREAKING! IGG Arrests Principal Human Resource Officer Kanungu DLG Over 6 Months Unpaid Salaries

The Inspectorate of Government has ordered the immediate arrest of Kalungu District’s Principal HR Officer and Senior HR Officer over unpaid staff salaries dating back to July 2025.IGG Lady Justice Naluzze Aisha Batala who ordered the arrest of Nankya Margaret and Kasingirwa Scovia, PHRO

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