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NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

The ruling National Resistance Movement (NRM) has dismissed claims that its Members of Parliament were each paid Shs100 million following a recent retreat at the National Leadership Institute Kyankwanzi.Reports circulating in the public domain had alleged that NRM-affiliated legislators, a

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Over 7,000 illegal gaming machines worth Shs8.8 billion seized across Uganda

Over 7,000 illegal gaming machines worth Shs8.8 billion seized across Uganda

Kampala, Uganda | THE INDEPENDENT | More than 7,000 illegal gaming machines worth Shs8.8 billion have been seized across Uganda over the past five years in operations aimed at curbing unlicensed gaming and protecting the public from exploitation. The enforcement operations, conducted from the 202

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Fans unamused as Ykee Benda seeks Muhoozi cash to redo wedding proposal

Fans unamused as Ykee Benda seeks Muhoozi cash to redo wedding proposal

Ykee Benda has stirred more controversy online after appearing to ask Chief of Defence Forces (CDF) Muhoozi Kainerugaba for money to redo his marriage proposal.Ykee Benda has stirred more controversy online after appearing to ask Chief of Defence Forces (CDF) Muhoozi Kainerugaba for money

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Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX

The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor

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Uganda Airlines delays expose cracks in passenger protection

Uganda Airlines delays expose cracks in passenger protection

Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance

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Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable

Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable

Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc

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Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the

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Gov’t opts for UGX 5M Cash Payout per Household in Cattle Restocking Programme

Gov’t opts for UGX 5M Cash Payout per Household in Cattle Restocking Programme

According to a 2024 report from the government assurance and implementation committee, there are 92,634 war debt claimants in Northern and Eastern Uganda. Out of the total claimants, the Acholi Sub-region has 16,946, while Lango has 42,024, and 33,664 claimants are in Teso.The government

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Betty Nambooze Bakireke: How a Political Icon Drifted into a Fourth-Term Survival Crisis

Betty Nambooze Bakireke: How a Political Icon Drifted into a Fourth-Term Survival Crisis

Hon. Betty Bakireke Nambooze was once among the clearest symbols of defiance in Uganda’s opposition politics. Her courage under repression, sharp tongue, and legislative activism gave her a moral authority few politicians enjoyed. Yet as the 2026 elections approach, securing a fourth parliament

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dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn

dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.

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