The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte
There was some Sovereignty Bill drama as MPs nearly punched each other during special joint committee meeting in a Munyonyo hotel, according to reports.A joint Committee comprising the Committee on Defence and Internal Affairs and the Committee on Legal and Parliamentary Affairs is handlin
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, earning the first runner-up award for best in client service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers appreciation conference ..The ceremony, hosted at the Mestil Hotel i
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
A high-value residential property along the Entebbe–Kampala Bypass has drawn public attention following reports linking it to the Speaker of Parliament, Rt. Hon. Anita Anet Among. However, ownership of the property has not been independently verified.The residence, described as a five-st
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
Mrs Alice Karugaba, the founder, Nina Interiors. She received the CEO of the Year Award in 2016.Nina Interiors founder, Alice Karugaba, did not set out to build a furniture empire. She was a mother trying to make ends meet, learning to bake, selling buns to colleagues, and slowly finding h
The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate
Android users are being urged to exercise extreme caution when installing new apps after security researchers uncovered a vicious new malware campaign. The latest attack installs a dangerous banking trojan known as BeatBanker, which can steal financial information and even secretly monitor infect
