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BoU limits daily cash withdrawals for individuals to Shs50m

BoU limits daily cash withdrawals for individuals to Shs50m

Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to reshape how businesses and consumers move money through the banking system.KAMPALA — The Bank of Uganda (BoU

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Experts Call for Reduction of Mobile Money Withdrawal Tax

Experts Call for Reduction of Mobile Money Withdrawal Tax

Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transaction costs are undermining financial inclusion and hurting small businesses.Mobile money has become one of Uganda’s most

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Among To Oboth: Congratulations And I sincerely Wish You Success In Your Service

Among To Oboth: Congratulations And I sincerely Wish You Success In Your Service

Embattled former Speaker of parliament Annette Anita Among who has been out of the public domain ever since she was sworn in at parliament on 13th this Month has congratulated both Oboth Oboth and Thomas Tayebwa upon their election as Speaker and Deputy speaker of the 12th parliament as she conti

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Whistleblower Exposes Procurement and Financial Anomalies at Uganda Airlines

Whistleblower Exposes Procurement and Financial Anomalies at Uganda Airlines

A series of detailed leaks by whistleblower Brendan A. Wadri has exposed multi-billion shilling procurement controversies, asset diversion, and alleged kickback schemes within Uganda’s national carrier, Uganda Airlines. These revelations emerge amidst an active, high-level crackdown led by the

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Oboth Oboth, Tayebwa secure NRM backing after rivals step down

Oboth Oboth, Tayebwa secure NRM backing after rivals step down

NRM aspirants for Speaker and Deputy Speaker withdrew from the races, leaving Oboth Oboth and Tayebwa as the party’s consensus candidates.All National Resistance Movement (NRM) aspirants for Speaker and Deputy Speaker of Parliament have stepped down in favour of Jacob Oboth Oboth and Tho

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Anita Among ‘Stole’ Money to Build Museveni Political Base, She Ate Very Little Money” — Andrew Mwenda

Anita Among ‘Stole’ Money to Build Museveni Political Base, She Ate Very Little Money” — Andrew Mwenda

Political commentator Andrew Mwenda has defended embattled Speaker Anita Among, arguing that the funds she allegedly obtained from Parliament were only a “small fraction” compared to the political value she delivered to President Yoweri Museveni and the ruling establishment.Speaking du

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BE LIKE ANITA AMONG: Thomas Tayebwa Ordered to Issue Statement Announcing His Withdrawal from Deputy Speaker Race

BE LIKE ANITA AMONG: Thomas Tayebwa Ordered to Issue Statement Announcing His Withdrawal from Deputy Speaker Race

The Ruhinda North MP is being told to follow the tone set by Anita Among, the 11th speaker of parliament, who had up to end of Sunday, May 17, to withdraw from the race in favor of Jacob Oboth Oboth or face more music.The development is a dent on the political rise of Thomas Tayebwa, the y

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BREAKING: Kayunga NRM boss Moses Karangwa dies in fatal crash

BREAKING: Kayunga NRM boss Moses Karangwa dies in fatal crash

According to preliminary reports, Karangwa was involved in the crash at Ssukka Village near the Lake Oil area on Sunday evening.The late Moses Karangwa Kaliisa, Senior Presidential Adviser on Special Duties and Kayunga District NRM Chairperson.Kayunga, Uganda: Moses Karangwa Kaliisa

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SOFT LANDING, AAA NOT GOING TO PRISON: Museveni Promises Anita Among ‘Big Job’ after Speaker Race Withdrawal – Sources

SOFT LANDING, AAA NOT GOING TO PRISON: Museveni Promises Anita Among ‘Big Job’ after Speaker Race Withdrawal – Sources

Things have taken a dramatic twist in the past 24 hours, with Anita Among’s speaker race withdrawal announcement – a decision that has changed things in her favour, giving her hopes for a soft landing. Sources now tell The Pearl Times ‘AAA is not going to prison.’Yet before Anita A

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Did Rt Hon Sekandi, Kadaga, and the late Oulanya know that a lot of money was in the Parliamentary SACCO account?

Did Rt Hon Sekandi, Kadaga, and the late Oulanya know that a lot of money was in the Parliamentary SACCO account?

After reading on social media how money totaling Shs 4,190,000,000 was withdrawn within 8 hours, I feel perturbed, and my question is: did the previous Speakers know of this money being kept in the Parliamentary SACCO account? If they knew, what made them not use it the way the current leadership

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