Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Angolan billionaire Isabel dos Santos on Monday lost an appeal to overturn an order freezing up to 580 million pounds ($778 million) of her assets as part a lawsuit at London's High Court. Dos Santos – Africa's first female billionaire, whose father Jose Eduardo dos Santos ruled Ango
Tanzania's main opposition party has called for telecoms firm Tigo to respond to a former employee's accusation that the company helped the government track the location of an opponent who was later targeted in a failed assassination attempt. A former worker at Tigo's parent company, Mil
LOP Ssenyonyi under siege as parliament moves from Kampala COVER STORY | IAN KATUSIIME | In her two year tenure following corruption scandals and international sanctions, under pressur
Malaysia has crowned its new billionaire King in a traditional ceremony marked with pomp and cannon fire. King Sultan Ibrahim Iskandar, 65, has pledged to govern fairly during the five-year t
MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, which is being spearheaded at Group level, MTN says is part of its Ambition 2025 t
What you need to know:President Yoweri Kaguta Museveni on May 1 demanded that companies recruit employees on a permanent rather than a temporary basis. If this declaration is carried out, it will impose mandatory employment contracts and set working con
