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BoU Allays Fears of Cash Withdrawal Caps at Banks

BoU Allays Fears of Cash Withdrawal Caps at Banks

The recent announcement by the Bank of Uganda introducing new limitations to over-the-counter cash withdrawals and check payments have has raised questions over the motives behind it. ‎The banks have been given the next six months to transition to the new policy adjustment.‎The new mea

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Motorcyclist Killed in Crash Along Kabale–Kisoro Highway

Motorcyclist Killed in Crash Along Kabale–Kisoro Highway

Police say the rider died instantly after his motorcycle collided with a low-bed trailer in Rubanda District, with preliminary investigations pointing to excessive speed.RUBANDA — Police in Rubanda District are investigating a fatal road crash that claimed the life of a 32-year-old motor

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IGG BITES: How Mityana HR Boss Allegedly Exploited Payroll Loopholes to Siphon UGX 75.5 Million

IGG BITES: How Mityana HR Boss Allegedly Exploited Payroll Loopholes to Siphon UGX 75.5 Million

In a stark reminder of the systemic vulnerabilities plaguing local government administration, the Inspectorate of Government (IGG) has arrested Mr. Mukiibi Hussein, the Principal Human Resource Officer of Mityana District Local Government.Mukiibi is accused of masterminding a sophisticated

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Inside the Shocking Sh4.6 Billion Equity Bank Heist: Supreme Court Seals Fate of Rogue Manager as Fraud Plagues Banking Giant

Inside the Shocking Sh4.6 Billion Equity Bank Heist: Supreme Court Seals Fate of Rogue Manager as Fraud Plagues Banking Giant

The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq

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Eleven Remanded Over Alleged Shs11Bn Industrial Park Investment Fraud

Eleven Remanded Over Alleged Shs11Bn Industrial Park Investment Fraud

Eleven suspects accused of defrauding a businessman of more than $2.5 million(approximately shs11 billion) and laundering the proceeds have been remanded to Luzira Prison by the Buganda Road Chief Magistrate’s Court.The accused include Peter Lubwama, Henry Ochown alias Malong Tong, Pasc

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Mukono Intensifies Crackdown on Illegal Small Plot Sales, Targets Land Dealers and Village Leaders

Mukono Intensifies Crackdown on Illegal Small Plot Sales, Targets Land Dealers and Village Leaders

District authorities say unplanned subdivisions and undersized plots are fueling disorderly settlement, as enforcement teams move to curb illegal land transactions and enforce planning laws.MUKONO — Mukono District authorities have intensified a crackdown on real estate companies and vil

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Balaam Dismisses Frank Gashumba Drama, Hints at Major PLU Shuffles at Kyankwanzi Retreat

Balaam Dismisses Frank Gashumba Drama, Hints at Major PLU Shuffles at Kyankwanzi Retreat

KYANKWANZI — The newly appointed Minister of Local Government, Hon. Dr. Balaam Barugahara Ateenyi, has downplayed simmering tensions involving outspoken activist Frank Gashumba, playfully describing him as a “movie star” and a “dangerous substitute” while hinting at major impending deve

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How Many Wives Does Haruna Kasolo Have?’ Museveni Reportedly Demands Answers After Minister's Public Clash with King Saha and Appearance with Mystery Woman

How Many Wives Does Haruna Kasolo Have?’ Museveni Reportedly Demands Answers After Minister's Public Clash with King Saha and Appearance with Mystery Woman

fresh political controversy has emerged around Uganda's Minister of State for Foreign Affairs and Kyotera County MP, Haruna Kasolo, following reports that his recent public appearance at a music event attracted attention within political circles and sparked discussion about the conduct of senior

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From Kampala luxury to UK jail: Tycoon David Greenhalgh convicted of trafficking fighter jets, missiles to war zones

From Kampala luxury to UK jail: Tycoon David Greenhalgh convicted of trafficking fighter jets, missiles to war zones

David Greenhalgh, the British businessman who shot to fame in Uganda through his turbulent, high-spending romance with city socialite Shanita Namuyimbwa, popularly known as "Bad Black," faces a long prison sentence in the United Kingdom after being convicted of running a massive international ill

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Salary Increment Promise: Museveni Breaks RDCs’ Hearts (See Details)

Salary Increment Promise: Museveni Breaks RDCs’ Hearts (See Details)

MuseveniKAMPALA, Uganda — For months, Resident District Commissioners (RDCs), their deputies and assistants across Uganda had looked forward to what many considered a long-overdue reward: a substantial salary enhancement that government officials and parliamentary committees had publicly

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