Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Ham Enterprises continue to erect structures near Nakivubo channel despite an order from KCCA to stop the worksKampala — A confidential Kampala Capital City Authority (KCCA) report seen by ChimpReports has blamed illegal construction and regulatory failures for the deadly floods that swe
Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u
Popular Salt TV presenter Jenifer Namutebi Nakangubi, widely known as Full Figure, has publicly apologized to the Uganda Communications Commission (UCC) Executive Director, Hon. Nyombi Thembo, for using inappropriate language during her morning talk show, Omusunsuzi. The apology followed a meetin
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the global cybersecurity market is projected to more than double to $562.77 billion by 2032—a reflection of the scale of inve
The Uganda Communications Commission (UCC) Executive Director, Nyombi Thembo, together with a team of technical staff from the commission, met today with the Chief of Defence Forces, Gen. Muhoozi Kainerugaba, to discuss enhanced security measures for the country
President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank.In an announcement made on his social media platform Truth Social, Trump posted a letter addressed
At the VISA-Uganda Bankers Association (UBA) Cybersecurity Summit 2025 held on August 20, 2025, at the Sheraton Hotel in Kampala, the Criminal Investigations Directorate (CID) delivered a sobering revelation: cybercrime is no longer a distant threat but a sophis
Property developer Sentongo HarunaCities, like people, grow in stages. Kampala, once a small settlement of hills dotted with temples, palaces, and modest trade centers, has become a sprawling metropolis of over 3 million people. The city buzzes with trade
Uganda’s Traffic Police have attributed the tragic school bus accident in Mityana District to deep-seated regulatory failures, sparking renewed scrutiny of school transport policies and enforcement measures nationwide.The crash occurred in the early hours of S
