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Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect

Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect

A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons

Ultimate Uganda

Pressure Mounts on Ruto to Explain Rift with Deputy Gachagua

Pressure Mounts on Ruto to Explain Rift with Deputy Gachagua

Kenyan President William Ruto is facing growing pressure to publicly explain the reasons behind his fallout with his deputy, Rigathi Gachagua. Allegations against Gachagua, which led to an attempt by parliamentarians to remove him from office, are reportedly not new in Kenya’s political landscape.

Ultimate Uganda

Foreign reserves fall to all time low

Foreign reserves fall to all time low

High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa

Ultimate Uganda

Green Finance: Uganda's farming lifeline

Green Finance: Uganda's farming lifeline

Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi

Ultimate Uganda

Happy Independence Day, but our work is still cut out

Happy Independence Day, but our work is still cut out

As Uganda marks 62 years of flag Independence today, the vibrant civic society we once hoped would shape our shared life after the Union Jack was lowered remains elusive to this day. The answer to a seemingly simple question, that is: who exactly are we, is not quite forthcoming.  Often

Ultimate Uganda

Charity body seeks funds to sponsor university students

Charity body seeks funds to sponsor university students

The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speaking to Daily Monitor yesterday, Dr William Tsimwa Muhairwe, the founder of METF, said this year the organisation was onl

Ultimate Uganda

Prison bans visits as Nakasongola mpox cases hit 24

Prison bans visits as Nakasongola mpox cases hit 24

Mpox cases have hit 24 in Nakasongola, up from 18 reported on October 3, prompting the district authorities to ban prison visits. The district accounts for nearly half of the country’s Mpox case load since the disease was confirmed on July 24. “The mode of spread is largely by co

Ultimate Uganda

Uganda's activists face increasing digital violence

Uganda's activists face increasing digital violence

According to the National Library of Medicine, research, biomedical informatics and the world's largest biomedical online library, the Covid-19 imposed restrictions led to an inevitable surge in the use of digital technologies to adjust to new ways of interaction, life, and work.  For U

Ultimate Uganda

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim

Ultimate Uganda

Fuel boss' murder leaves family with many unanswered questions

Fuel boss' murder leaves family with many unanswered questions

The tragic death of Agnes Nantongo, whose lifeless body was discovered on the Northern Bypass near Agenda Bridge in Kamuli A’ Zone, Kireka Ward, Namugongo Division, Wakiso District, last Sunday morning, has left many reeling in shock.

Ultimate Uganda