Business •
06 Jan '25
Centenary Bank, a financial institution owned by the Catholic Church of Uganda, is facing intense scrutiny over allegations of missing customer funds.The bank has been accused of illegally withdrawing UGX 4,000,00
Business •
06 Jan '25
President Yoweri Museveni has cautioned residents of Busia against engaging in smuggling, describing the practice as harmful to Uganda’s economy and a threat to national development.Addressing a crowd along Cust
Business •
04 Jan '25
In the early 1900s, transportation in Uganda was very different from what it is today. People mainly walked or used animals to move goods and travel long distances. But in 1908, something remarkable happened – the first car arrived in Uganda. This marked the b
Business •
04 Jan '25
After a couple of disappointing draws, Arsenal are quietly putting together an impressive run of form.Mikel Arteta's side have won their last four games, and in their previous 12 matches, they have only dropped po
Business •
07 Dec '24
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07 Dec '24
Business •
30 Nov '24
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
Business •
30 Nov '24
Celebrated former journalist and chairman of the Board of Nile Breweries Ltd, Francis Onapito Ekomoloit succumbed to lung cancer just within two months after diagnosis.Ona as he was fondly known passed away on Sep
Business •
20 Nov '24
(Kampala) â Ugandaâs prisons are operating at 363.6% of their intended capacity, with 76,244 inmates occupying facilities built to hold only 20,996, according to the 2023/24 Justice Law and Order (JLOS) report released at the Commonwealth Resort in Munyonyo.Commissioner General of Pris
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20 Nov '24
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DRC). Despite having the funds, the payment remains stuck due to unclear instructions from the DRC side, raising fears of property s