FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, ove
PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
Critics and analysts allege entrenched bribery networks in budget approvals, while Parliament defends itself against claims of systemic corruption.Political actors and analysts have renewed concerns over what they describe as growing and systemic corruption within Uganda’s Parliament, al
KAMPALA, Uganda — A coalition of women’s rights organizations led by the Forum for Women in Democracy is calling on the government to halt proposed tax increases on essential goods, warning the measures will disproportionately affect low-income citizens.During a press briefing in Ntind
The Chieftaincy of Military Intelligence (CMI) has joined the State House Anti-Corruption Unit in investigating a high-profile gold scam in which investors lost approximately Shs 13 billion.The case centers around a businessman identified as Ali Muhammad, a Ugandan of Somali origin, who is
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Centenary Bank, the leading microfinance bank in the country and the Office of the Supreme Mufti (OSM) partnered to roll out the OSM Digital Payments Platform, a transformative initiative aimed at facilitating seamless financial transactions within Muslim communities through secure, convenient, a
Activist Agather Atuhaire says Centenary Bank has frozen her account after her organization AGORA’s accounts were blocked.AGORA Discourse is a digital public square promoting human rights, public accountability and social justice.The freezing of bank accounts belonging to non-gove
TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade
