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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru

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Ex-minister’s widow allowed to challenge ownership of Sh17bn Muthaiga land

Ex-minister’s widow allowed to challenge ownership of Sh17bn Muthaiga land

The widow of former minister Arthur Kinyanjui Magugu has been allowed to pursue a case challenging the ownership of a parcel of land in Nairobi worth Sh17 billion.The Environment and Land Court ruled that Ms Margaret Wairimu Magugu should be allowed to argue her case, especially after argu

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DIRTY MONEY WATCHDOG IN THE DOCK! Probe Catches FIA Napping as Illicit Cash Slips Through the Net… Recruitment Chaos, 1,086 Suspicious Reports Ignored, 79% of Cases Stall

DIRTY MONEY WATCHDOG IN THE DOCK! Probe Catches FIA Napping as Illicit Cash Slips Through the Net… Recruitment Chaos, 1,086 Suspicious Reports Ignored, 79% of Cases Stall

For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int

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Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.

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Uganda: Museveni Enacts Major Housing and Construction Reforms

Uganda: Museveni Enacts Major Housing and Construction Reforms

President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence

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HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli

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Why Muwanga Kivumbi needed Baganda colleagues more than politics

Why Muwanga Kivumbi needed Baganda colleagues more than politics

Muwanga Kivumbi surrounded by Prisons officers at courtIn Ugandan politics, success is often framed as a function of numbers, party machinery, and public rhetoric.Yet some political moments are not won by slogans or crowds, but by alliances of trust, identity, and professional solid

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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

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