Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility in Soroti Town, arresting a Chinese national in an intensified crackdown on unlawful gambling activities.The opera
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
The Uganda Electricity Distribution Company Limited – UEDCL has released the approved retail electricity tariffs for the first quarter of 2026 (January-March), as sanctioned by the Electricity Regulatory Authority (ERA).These rates apply to all consumer categories, including domestic, co
Commissioner Seku reminded the public of the legal requirements, specifically citing the regulations that prohibit the hoisting of the national flag on private buildings without express government permission. Government has issued a warning regarding the management and display of the natio
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor
Residents from Jinja North, in Jinja City, have demanded immediate police action, following persistent attacks by hooded killers whose only aim seems to be stealing phones, but has resulted into the death of three residents in a space of one week.Police investigation tapeResidents f
Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so
The calendar includes bizarre photos of Putin alongside quotes such as: "I am a dove, but I have very powerful iron wings."Vladimir Putin releases a calendar packed with photos and quotes every year Vladimir Putin has shared a number of bizarre snaps and offered up his "recipe for e
