BoU limits daily cash withdrawals for individuals to Shs50m
Twinemanzi Tumubweine, Bank of Uganda Executive Director of National Payment Systems.Overview:The new measures, which take effect on January 1, 2027, are expected to resh...
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BoU Approves Sale of Standard Chartered Uganda’s Retail and Wealth Banking Business to Absa
Sanjay Rughani (right) and David Wandera after the Bank of Uganda approved the sale of Standard Chartered Uganda’s Wealth and Retail Banking business to Absa Bank Ugand...
From Prado to Boda Boda: The Untold Story of Government Suppliers
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes...
Salaam Musumba says Among became casualty of NRM internal power battles
this file photo, former Speaker of Parliament Rebecca Kadaga [left] and People's Front for Freedom council speaker Salaam Musumba attend a children’s event in Bugabula...
Mathias Magoola Flees His Matugga DEI Pharma Factory as Workers go on Strike, Having Taken Four Months Without Pay
The Government of Uganda officially invested up to Shs750bn into the Matugga-based DEI Pharmaceuticals manufacturer, which earned Ugandans a shareholding of 9% in the bus...
Thugs Break into Parked Car, Make Away With Shs100M in Mubende
Yet to be identified thugs broke into a parked car and made away with a laptop bag containing Shs100M.According to the PRO Wamala Region, SSP Lameck Kigozi, the incident...
URA gives deadline for taxpayers to align TINs with NINs and BRNs
The authority has also urged taxpayers to complete the process early to avoid disruptions when accessing tax services after the July 2026 deadline.The Uganda Revenue Auth...
Equity Bank cleared of wrongdoing in Shs3 billion fraudulent gold transaction
The police have cleared Equity Bank of any wrongdoing in a fraudulent gold transaction that resulted in a loss of over Shs3 billion for Canadian national Clifford Potter...
Commercial Court targets 320 banking cases in two-week mediation drive
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aim...
Justin Namere’s Dad Vincent Sempijja Has 14 Days to Become Homeless After Money Lenders Move to Sell Off his K’la House
For years, Vincent Frerrio Bamungaki Sempijja (who personally mentored greats likes AIGP Andrew Felix Kaweesi) served as Masaka LC5 Chairman before moving on to become Ka...