special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lubega, over a string of blatant financial and administrative irregularities.A special forensic investigation by the Audito
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax for the year ended December 2025, as regional subsidiaries, digital banking, and insurance operations powered a major growth s
In a decisive move to curb professional misconduct within the legal fraternity, the Law Council Disciplinary Committee has officially banned Kampala-based advocate Richard Buzibira from practicing law.The committee found him guilty of gross fraud and negligence after he used forged documen
On Thursday April 30, the country woke up to viral video clips of singer Gravity Omutujju demanding money from fellow musician and prominent supporter of President Yoweri Museveni, Bebe Cool, claiming he had not received funds allegedly meant for musicians who participated in campaign activities.
Protests broke out in Tel Aviv after the US canceled peace talks with Iran in Islamabad, and the Polymarket contract for Iran’s regime fall by April 30 dropped to 0.4% YES, down from 1% a day ago.Market reactionThe cancellation has traders adjusting expectations. The Iranian regim
Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State
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
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
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
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
