Business •
20 Nov '24
The Special Forces Command (SFC) has denied any connection with a man arrested at the National Unity Platform (NUP) headquarters in Kampala, who claimed to be one of their soldiers. The man, identified as Sulaiman Watuke, was apprehended on Sunday at the NUP off
Business •
20 Nov '24
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DRC). Despite having the funds, the payment remains stuck due to unclear instructions from the DRC side, raising fears of property s
Business •
11 Nov '24
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Business •
08 Nov '24
(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
Business •
08 Nov '24
Buganda Road Chief Magistrate’s Court has charged and remanded a man accused of being a fake doctor to Luzira prison over forgery of academic documents. Thirty-eight-year-old Ken Nyombi alias Innocent Ssemanda alias Samuel Alfred Teriyeitu or Fred Ssendi was arraigned on Friday befor
Business •
05 Nov '24
The Director General of the National Financial Investigation Agency (ANIF) in Equatorial Guinea, Baltasar Engonga, has been arrested for allegedly recording over 400 sextapes involving the wives of prominent individuals in the country.
The scandal came to light during a fraud investigation ag
Business •
23 Oct '24
When you talk about insurance, what runs through the minds of many Ugandans, is an imaginary image of a wealthy person, cushioning his property or the health of his family members.However, a section of experts in insurance industry have argued that the poor need insurance services more than
Business •
12 Oct '24
A presidential assistant and four clerical staff in the Office of the President are being held for questioning as part of a wider investigation into alleged corruption at State House and the Office of the President. Monitor could not readily identify the clerical staff who are being held
Business •
12 Oct '24
Independent presidential candidate Venancio Mondlane on Friday threatened to call a nationwide strike and bring Mozambique to a standstill if ruling party Frelimo claimed victory in the presidential election. Mondlane told Reuters that, based on figures collected by his delegates at poll
Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr