Elizabeth Nyasuna, who worked as Team Leader at Stanbic Bank’s Entebbe branch, has been awarded Shs 40 million by the court after the bank unlawfully dismissed her over a suspicious Shs 75 million cash withdrawal in 2012.Justice Anthony Wabwire Musana of the Industrial Court said Stanbic
The Mukono High Court orders the exhumation of a prominent Kampala trader’s body for a DNA test to resolve a bitter 40 billion shilling property dispute.MUKONO, Uganda — The Mukono High Court ordered the exhumation of a prominent Kampala businessman’s body for a DNA paternity test to
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
Media personality and YouTuber Isaac Daniel Katende, popularly known as Kasuku, has come under criticism following comments he made about the widow of slain rugby player Sydney Gongodyo.Gongodyo, a 27-year-old forward for the Uganda Rugby Cranes and Stanbic Black Pirates, died on June 5, 2
Kampala, Uganda: Police have arrested two more suspects in connection with the mob killing of Rugby Cranes player Sydney Gongodyo, including a man captured on video allegedly assaulting the athlete with a large wooden log during the fatal attack.The latest arrests bring the total number of
According to police, Lydia was reported missing at Old Kampala Police Station on June 4, 2026, after she allegedly disappeared while traveling from Busunju along Mityana Road. The case took a disturbing turn when her family began receiving phone calls from unknown individuals using Lydia’s mobi
KAMPALA: A disturbing new video has emerged showing the final moments of Uganda Rugby Cranes and Stanbic Black Pirates player Sydney Gongodyo as he was violently assaulted by a mob in Kampala, adding fresh urgency to investigations into his death.The footage, which has been widely circulat
Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr
The police have cleared Equity Bank of any wrongdoing in a fraudulent gold transaction that resulted in a loss of over Shs3 billion for Canadian national Clifford Potter.Last week, it was reported that Police had called on Equity Bank and Stanbic Bank to clarify the circumstances surroundi
Uganda is preparing to issue its first sovereign sukuk as part of efforts to finance the construction of a standard gauge railway (SGR) linking Kampala to the Kenyan border town of Malaba, marking the country’s entry into Islamic capital markets, Ecofin Agency reports.The Ministry of Fin
