Business •
06 May '26
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Business •
07 Apr '26
KAMPALA: Uganda’s finance ministry opposed reinstating suspended Accountant General Semakula Lawrence because the allegations against him relate directly to the government’s financial systems, raising risks to public funds and institutional integrity, court documents show.Semakula is c
Business •
27 Mar '26
A simmering land scandal is exploding inside government corridors after shocking revelations emerged that a prime chunk of public land meant for a national goat breeding project may have been illegally converted into private property in what insiders are already calling a “well-calculated land
Business •
23 Mar '26
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita
Business •
04 Mar '26
Nine Finance Ministry officials have been committed to the High Court after the DPP sanctioned fresh charges in the alleged Shs60bn public funds loss case.Nine Finance Ministry officers were committed to the High Court over the alleged Shs60bn loss.Kampala, Uganda: The Director of P
Business •
03 Mar '26
It's the dream, isn't it, to grow rich while running some s***hole Middle East country into the ground, before fleeing with your billions and retiring to some well-appointed quarters in Moscow's most exclusive neighborhood?Hey, don't knock it — it worked just fine for Bashar Assad. And w
Business •
25 Feb '26
JAILED: Audrey Muhindo (R) and Stuart Kasingye (L)Two Kampala-based lawyers have been remanded to Luzira prisons over the alleged theft of Shs700 million said to have been fraudulently transferred from a Belgian national’s bank account.According to charge sheets referenced under C
Business •
11 Feb '26
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
Business •
17 May '25
"Melania" appeared on the banks of the River Sava in July 2020, four months before her human inspiration left the White House.Now, four months after the erstwhile Melanija Knavs resumed residence at Washington's most famous address, her larger-than-life-size avatar has app
Business •
15 May '25
Security agencies in Wakiso District have launched an intensive search for a group of masked gunmen who carried out a violent robbery on a mobile money operator in Ganda Village, Nansana Municipality. The incident occurred on the evening of May 13, 2025, at appr