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GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams

Ultimate Uganda

Besigye Moves to Halt Treason Trial Over Constitutional Petition

Besigye Moves to Halt Treason Trial Over Constitutional Petition

The prosecution further alleges that Besigye sought surface-to-air missiles, ricin poison, counterfeit currency, and planned to use drone technology to assassinate President Yoweri Museveni. The state claims it has audio and video recordings, social media messages, immigration documents, and phon

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MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market

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Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and

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Peace Rugambwa Channels Over UGX 150 Million into Kabale as NRM Mobilisation Efforts Intensify

Peace Rugambwa Channels Over UGX 150 Million into Kabale as NRM Mobilisation Efforts Intensify

The mood in Kabale has been noticeably shifting in recent weeks, and much of that change is tied to the growing presence of Senior Presidential Advisor on Agriculture, Peace Rugambwa. Her visits have been drawing crowds, not just because she arrives with support, but because she arrives with a me

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Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case

Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case

The Anti-Corruption Court has issued a criminal summons for former Trade Ministry Permanent Secretary Geraldine Ssali after she failed to appear for the mention of a Shs3.8 billion fraud case in which she is jointly charged with three Members of Parliament and other officials.Du

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a he

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Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th

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Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 20

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Museveni lashes out at Kyagulanyi, Muntu and Nandala, says they have no ‘work to show’

Museveni lashes out at Kyagulanyi, Muntu and Nandala, says they have no ‘work to show’

President Museveni arrives to address NRM supporters at Namayingo Primary School. He urged voters to reject opposition candidates in the 2026 elections.Namayingo, Uganda: President Yoweri Kaguta Museveni has asked Ugandans to deny their votes to the three leading opposition pres

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