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Inside Job: Suspect in PostBank Shs 500 Million Counterfeit Arrested
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No
Ultimate Uganda
US Steps In With Major Demand in Besigye's Abduction
The United States has voiced significant concern over the alleged abduction of opposition leader Kizza Besigye, demanding clarity and adherence to legal procedures in the ongoing matter. Reports indicate that Besigye was allegedly taken from Kenya to Uganda unde
Ultimate Uganda
Minister Balaam's Sad Reaction as Kampala Deputy Lord Mayor Nyanjura's Brother is Shot Dead
Doreen NyanjuraTragedy struck Kampala on Thursday as Tugume Albert Cook, brother to Kampala Deputy Lord Mayor Doreen Nyanjura, was shot dead in Ntinda during what is reported to be a mobile money robbery.
Ultimate Uganda
Excessive govt local borrowing starves private sector of credit
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Ultimate Uganda
UPDF Assault on Journalists Costs Government 150 Million Shillings
(Kampala) – The High Court has ordered the Ugandan government to pay 150 million shillings in damages to two journalists who were assaulted by Uganda Peopleâs Defence Forces (UPDF) soldiers while covering a protest in 2021. The compensation, awarded as UGX 75 million for each journalist, reco
Ultimate Uganda
Tycoon Rajni Tailor faces jail over Shs148m rent arrears
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million
Ultimate Uganda
Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast
Emaritino Echiku, a 75-year-old resident of Soroti District, has been undergoing treatment for breast cancer at the Uganda Cancer Institute (UCI) in Kampala for the past three years. Echiku recalls noticing a small, painless lump on his right breast during adolescence, which he ignored f
Ultimate Uganda
Speaker Among rallies states to fast-track EAC integration
Uganda's Speaker of Parliament, Anita Among, has issued a rallying cry to fellow leaders in East African Community (EAC) member states to fulfil their obligations to the bloc, stressing that unity is crucial for achieving the long-elusive goal of integration. Speaking at the 18th meeting