Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank
Kampala, Uganda | The High Court’s Commercial Division has granted city businessman Dalaus Katongole, trading as Ngoleda Stores, permission to defend a suit filed by St...
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High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims
Simbamanyo house which was acquired by tycoon Sudhir Ruparelia.The Commercial Division of the High Court has dismissed a high-profile legal challenge filed by Simbamanyo...
Court Orders Shoprite Uganda to Pay Shs 1.3bn in VAT Arrears
Shoprite Uganda was acquired by CarrefourKampala, Uganda | The Tax Appeals Tribunal (TAT) has ruled that Shoprite Checkers (U) Limited is liable to pay Shs 1,354,624,690...
MTN Uganda plans mobile money spin-off
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African m...
Over 1,500 Officers Registered as NIRA Wraps Up Weeklong National ID Exercise in Third UPDF Division
More than 1,500 UPDF officers have successfully registered for national identification as the National Identification and Registration Authority (NIRA) concluded a weekl...
BLB Pledges Collaboration With Buganda Clan Elders to Protect Heritage Land
Buganda Land Board and clan leaders have agreed to deepen cooperation in managing cultural land following a consultative meeting that emphasized legal awareness, document...
New Report Links Kenya to Gold Smuggling From Sudan and DRC
Kenya has become a key hub for smuggling and resale of gold sourced from South Sudan, Sudan, and the Democratic Republic of Congo, according to a recent report by SwissAi...
Equity Group posts Shs 433.2bn profit
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko...
Govt Launches Carbon Market Regulations to Boost Climate Finance, Global Cooperation
The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement...
Absa Seeks to Boost Digital Payment With New Shs200M Cards Rewards Campaign
Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from Jun...