In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
Reports reaching our desk indicate that an Indian external auditor, hired by Tembo Steel chairman Mr. Sanjay Awasthi, has mysteriously died inside the Tembo Steel Factory.Mr. Dignish, a renowned auditor from India
The January transfer window is a notoriously tricky time to do business.But a packed fixture schedule, injuries, keeping up a title charge or fighting to stay up means several Premier League managers have hinted that they will need to go into the market this win
Security minister Rtd Maj Gen Jim Muhwezi has asked journalists and media practitioners to shun individuals that promote politics of identity saying âitâs a backward trend that undermines development.â The minister, who doubles as the Member of Parliament for Rujumbura Cou
The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu
The West Nile Education Trust Fund has launched a fundraising driving to raise Shs.1 billion for a scholarship fund for training science teachers and sponsor needy students. Speaking at the launch of the drive on Saturday, Dr Charles Draecabo the chairman of the West Nile Education Trust
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
Hotel owners across the country have protested a move by the Uganda Tourism Board to shut down accommodation facilities that are not licensed by the board to operate. The board, that by the law, regulates the hospitality sector issued a warning that those facilities operating without a l
Local leaders in Kyotera District have tasked the government to explain the delayed commencement of the Mutukula Regional Market which has failed to take off four years after a foundation stone was laid. The Shs2 trillion project had started in 2020 but stalled a few months due to the Co
The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
