The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
bitter internal war that has been simmering inside the Rotary Club of Kampala Ssese Islands has now burst into the open after five former members dragged the club and several of its top leaders to the High Court, setting the stage for a dramatic legal showdown that threatens to expose deep divisi
Jane Atuhairwe (C), Branch Business Manager at Pearl Bank, Jinja Branch, Dr. Cissy Kityo (2nd L), Executive Director, JCRC, together with teams from Pearl Bank and Joint Clinic Research Centre in Jinja today, in commemoration of World Sickle Cell Day, which also doubled as the regional Bone Marro
The Mbarara District Public Accounts Committee has directed the Chief Administrative Officer to record a police statement for allegedly allocation of land without following the required procedure. The committee chaired by Herbert Kamugiaha directed David Muhwezi, to record a statement at Bwizibwe
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy firm Newplan boss Omulen Levy Lawrence was cited in a purported fake money racket during proceedings that saw eleven suspects rem
Justice Susan Odongo has reinstated a Shs 120 million loan recovery suit filed by Goldmine Finance Limited after finding that its earlier dismissal was caused by misleading information from a court clerk, not deliberate neglect by the parties.In a ruling delivered on June 7, 2026, the judg
The Anti-Corruption Division resumed hearing the corruption case involving former Permanent Secretary, Geraldine Ssali, and her co-accused. Ssali and five co-accused were charged with the alleged fraudulent payment of 3.4 billion shillings meant for compensation of Buyaka Growers Cooperative Soci
Ugandan members of Parliament are divided over the new 84.3 trillion shilling national budget for the 2026-2027 financial year, with ruling party lawmakers praising its infrastructure funding and the opposition warning of a heavy tax burden.KAMPALA, Uganda — Lawmakers are divided over th
The Uganda National Institute for Teacher Education Kabale Campus needs 5.6 billion shillings to remove and replace asbestos roofing on staff and students’ hostels. The Campus Dean, Annet Komunda, told URN that NTC Kabale is scheduled to be officially handed over to UNITE on Thursday, June 18,
