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Seven Finance Ministry Bosses Arrested Over Missing $16 Million from Bank of Uganda

Seven Finance Ministry Bosses Arrested Over Missing $16 Million from Bank of Uganda

The Criminal Investigations Directorate (CID) of Uganda has arrested seven individuals from the Ministry of Finance and Bank of Uganda following a three-month investigation into the disappearance of USD 16 million (approximately UGX 60 billion) from the Bank of

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Nine Senior Finance Ministry Officials Arrested Over Shs60 Billion BoU Heist

Nine Senior Finance Ministry Officials Arrested Over Shs60 Billion BoU Heist

In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6

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Honorable Twaha Kagabo has revealed that he has more than 15 vehicles in his garage.The renowned politician who was speaking about his wealth went on to say that he has close to 1 Billion bikes adding that this is how he has been generating wealth.I have more than 15 cars and close to 1

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Bank of Uganda was Instructed to Pay Shs 60 Billion to Fraudsters, Recovers US$ 8 Million
MAAIF’s US$354M Project to Mitigate Climate Change Effects on Agricultural Sector

MAAIF’s US$354M Project to Mitigate Climate Change Effects on Agricultural Sector

The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is implementing a 6-year project aimed at mitigating the effects of climate change on Uganda’s agricultural sector.Titled the Uganda Climate Sma

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Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million

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Slay Queen Arrested for Gold Scam

Slay Queen Arrested for Gold Scam

(Nairobi) – A woman, known for showcasing her lavish lifestyle on social media, has been arrested in connection with a multi million dollar gold scam. The suspect, whose car, a Mazda CX 5 with registration number KDL 727 A, was also impounded by the Directorate of Criminal Investigations (DCI), is

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Shock as University Student Reportedly Dies of Hunger

Shock as University Student Reportedly Dies of Hunger

KAMPALA , Uganda – Hunger among Uganda’s university students has become an urgent crisis, revealing the severe financial challenges facing young people in higher education. Uganda’s universities are currently grappling with a widespread hunger issue among students, with reports indicati

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All Teachers to Get Phased Pay Raise – Museveni

All Teachers to Get Phased Pay Raise – Museveni

KAMPALA – President Museveni has told public school teachers across Uganda that the government remains committed to enhancing their salaries, but the increase will be implemented in phases. Speaking at the

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Economy posts positive results despite negative predictions

Economy posts positive results despite negative predictions

The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin

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