Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay
A shocking bank scandal has erupted after Ugx 69 million mysteriously disappeared from a customer’s account in just five minutes, leaving behind a trail of fear, anger and serious questions about the safety of money in Uganda’s banking system.The man at the center of the storm is Chine
Medical Interns addressing the press in Kampala in the pastThe Federation of Uganda Medical Students’ Associations (FUMSA) has firmly rejected a new government policy that requires medical students to complete a one-year internship before graduating, effectively extending the Bachelor of
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
BUSHENYI, Uganda — Police in Bushenyi District are investigating the circumstances surrounding an alleged aggravated robbery that occurred in the early hours of February 18, 2026.According to the Greater Bushenyi Regional Police Public Relations Officer, SP Tayebwa Apollo, the incident o
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
Kampala socialite Nasser Nduhukire, also known as Don Nasser, appears in the dock at Buganda Road Magistrate’s Court in Kampala, Uganda, where he was committed to the High Court for trial over allegations of trafficking and defiling a minor.The Director of Public Prosecutions has formall
It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p
One of the suspects charged over an attempted Shs 725 million fraud targeting Stanbic Bank has opened negotiations with the State to resolve the case through a plea bargain. The development was disclosed on Monday before the Buganda Road Chief Magistrate’s Court, where Chief State Attorney Joan
Outrage has erupted in parts of Mawokota County South after Forum for Democratic Change (FDC) Parliamentary Whip and outgoing MP Yusuf Nsibambi allegedly withdrew bursary support for dozens of students following his defeat in the recent presidential and parliamentary elections.Nsibambi is
