Iran has abandoned peace negotiations in Switzerland, with the delegation from the Middle Eastern nation refusing to return to peace talks until US President Donald Trump apologises for threatening to assassinate Iran's team of negotiators on Sunday (June 21).According to Fox News, Trump s
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
The Barcelona teenager had been a second-half substitute in Spain's opening Group H game against Cape Verde, but he was unable to inspire his side to victory as the 2010 winners laboured to a deeply frustrating goalless draw.BBC Sport - Lamine Yamal scored 10 minutes into his first World C
The heightened demand for portions of Kaunda Grounds and neighbouring Green Valley by several developers could cost Gulu City its Shs6 billion greening project, the Monitor has learnt.Mr Alfred Okello, the Gulu City Landscape Officer, expressed fears that the city administration could lose
cement company that arrived in Karamoja with the blessing of the President is now facing a very different reception from the region’s people — not over its factory, but over an advert.Yaobai International, the holding company behind the Yaobai Cement plant in Nadunget Sub-County, Morot
If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d
Emboldened by the viciousness with which the Ugandan security agents have so far moved to crack the whip on former Speaker Anita Among while simultaneously dismantling any semblance of any power structures associated with people in her universe, a group of land-deprived Kira residents a few days
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 recent announcement by the Bank of Uganda introducing new limitations to over-the-counter cash withdrawals and check payments have has raised questions over the motives behind it. The banks have been given the next six months to transition to the new policy adjustment.The new mea
The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq
