The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita
A shocking Auditor General’s report has blown the lid off years of chronic mismanagement, weak oversight, and questionable financial handling at Uganda Livestock Industries Limited (ULI), painting a grim picture of a once-strategic national asset now plagued by inefficiency, neglect, and system
Manchester United will be happy to see that Premier League rivals Arsenal progressed to the Champions League quarter-finals at the expense of Bayer Leverkusen. The Gunners were tied 1-1 after the first leg in Germany courtesy of Kai Havertz's 89th-minute penalty at the BayArena. That left Arsenal
KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,
Jimmy Akena Obote, President of the Uganda People’s Congress (UPC), has firmly rejected the controversial Administration of Parliament (Amendment) Bill, 2024, describing it as unnecessary and unhelpful to Uganda’s parliamentary system.In an interview on Next Radio’s Next Big Talk pro
Iran has released a video allegedly showing captured United States soldiers as fighting continues between the US, Israel and the Islamic Republic.The footage circulating online shows several American soldiers kneeling on the ground with their hands tied behind their backs.The soldie
KAMPALA, Uganda — Uganda is hurtling toward a systemic social and economic crisis as a rapidly aging population outpaces a retirement savings framework that currently excludes 16 million workers.While the national pension sector appears robust on paper—with assets surging 21 percent to
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
