Stanbic Bank Uganda has been ordered by the court to deposit Shs200 million as security in a commercial dispute with Vegol Limited that has dragged on for four years now.It all began in 2022 when Vegol, a prominent manufacturer specializing in edible oils, soaps, and other products, sued a
Centenary Bank’s top leadership (L–R): Chairman Gustavo Bwoch, Managing Director Fabian Kasi, Executive Director, Business Joseph Balikuddembe, and Executive Director, Operations Michael Opira. The bank is resetting its executive leadership through a dual-Executive Director structure aimed at
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h
Azuba passed away on April 21, 2026, at Nakasero Hospital in Kampala, where she had been undergoing treatment. She was 72 years old. Her death has drawn tributes from across the country, with many describing her as a composed and effective leader who quietly delivered results.She was appoi
What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con
A tragic road accident has claimed the lives of three supporters of Red Devo FC following their team’s heavy defeat in the Stanbic Uganda Cup Round of 16.On Friday night at Hamz Stadium in Kampala, Express FC delivered a dominant 4–0 victory over Red Devo FC, eliminating them from the
Justice Micheal Elubu of the Anti-Corruption Division of the High Court has issued a Court order freezing bank accounts opened in the names of General Trading Limited registered in Stanbic Bank, land titles and documents connected to controversial South Sudan gold dealer Henry Ochown alias Malong
Elizabeth Mbabazi, a Rwandan National who has been Convicted testifying Against her co Accused at Buganda Road Court.Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrate’s Court has convicted a Rwandan national, Elizabeth Mbabazi, for her role in the attempted theft of 7
The High Court of Uganda has dismissed a civil suit filed by the NRM Mayor of Entebbe Municipality Fabrice Brad Rulinda against Stanbic Bank Uganda, confirming that the businessman’s conduct amounted to money laundering and validating the bank’s decision to freeze his account and reverse a su
The widow of former minister Arthur Kinyanjui Magugu has been allowed to pursue a case challenging the ownership of a parcel of land in Nairobi worth Sh17 billion.The Environment and Land Court ruled that Ms Margaret Wairimu Magugu should be allowed to argue her case, especially after argu
