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Inside Job: Suspect in PostBank Shs 500 Million Counterfeit Arrested

Inside Job: Suspect in PostBank Shs 500 Million Counterfeit Arrested

Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No

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Legal Battle Seeks to Dismantle State House Anti-Corruption Unit

Legal Battle Seeks to Dismantle State House Anti-Corruption Unit

(Kampala) – The Constitutional Court has embarked on a three day session, starting November 18, 2024, to deliberate on 14 petitions, one of which challenges the constitutionality of the State House Anti-Corruption Unit (SHACU). The petitioners argue that SHACU’s actions, such as arrests, i

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US election: Trump, Kamala contrasting positions on corruption

US election: Trump, Kamala contrasting positions on corruption

A section of anti-corruption and governance experts yesterday said America’s support towards Uganda’s fight against corruption is likely to be relaxed should Republican Party candidate Donald Trump win the presidential polls, which end today. L-R: Ugandan president Yoweri Museveni's

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Ucanda to lead Netball Uganda for next four years

Ucanda to lead Netball Uganda for next four years

National Insurance Corporation (NIC) Club Manager Jocelyn Ucanda was declared the new Netball Uganda president in a general assembly held in Lugogo on Saturday.  Ucanda and four other executive members including the first vice president administration William Bwambale, second vice presi

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Why Tshisekedi skipped key Francophone summit

Why Tshisekedi skipped key Francophone summit

The 19th Francophonie summit ended without Congolese President Felix Tshisekedi, whom reports indicated left in a huff, angry at French President Emmanuel Macron’s failure to mention the war in the Democratic Republic of Congo (DRC) in a speech he made about conflicts shaking the world, es

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DR Congo accuses Rwanda of creating obstacles in talks to ease M23 conflict

DR Congo accuses Rwanda of creating obstacles in talks to ease M23 conflict

Democratic Republic of Congo has accused Rwanda of creating obstacles in ongoing negotiations to resolve the M23 rebel conflict in eastern Congo that has displaced more than 1.7 million people. The comments by Congolese Foreign Minister Therese Kayikwamba Wagner to the U.N. Security Coun

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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MK Will Be President in 2026! Lord Mayor Lukwago Pours Cold Water on CDF’s Retreat From Presidential Race

MK Will Be President in 2026! Lord Mayor Lukwago Pours Cold Water on CDF’s Retreat From Presidential Race

Kampala Lord Mayor Ssalongo Erias Lukwago has strongly warned those taking General Muhoozi Keinerugaba’s recent declaration that he was getting out of the Presidential contention to be ready for a heartbreak. Muhoozi, who has for long been viewed as the most probable successor to President

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Ex-ULS president withdraws dismissal application in Shs4.1b theft case

Ex-ULS president withdraws dismissal application in Shs4.1b theft case

A senior lawyer and former Uganda Law Society (ULS) president accused of stealing over Shs4.1 billion meant for war loss compensation to Busoga Growers Cooperatives has withdrawn his applications that had sought to dismiss the charges against him. Mr John Matovu 62, of M/S Matovu & Matov

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UN mission won’t leave DRC in Dec

UN mission won’t leave DRC in Dec

The United Nations peacekeeping mission in the Democratic Republic of Congo, Monusco, will not exit the country by December 2024. UN Undersecretary-General for Peacekeeping Operations Jean-Pierre Lacroix, who visited the Congo this weekend, said that December 31, 2024, which was supposed

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