Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo...
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SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO...
Major Headache for Museveni as MPs Reveal How UGX 20 Billion Was Lost in His UPDF Food Project
MPs were left in shock after learning that the Uganda People’s Defence Forces (UPDF) mismanaged Shs29.8 billion allocated in August 2022 for a food production initiativ...
Energy officials tasked by Museveni to lower electricity rates
The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper...
Clearing Agents Convicted Over Fake Government Vehicle Registration
Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges invol...
Uganda Shilling Gains While Stanbic Rises, MTN Slips
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 36...
URA Officers Manipulate Tax TINs to Steal UGX 319 Million
(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have d...
Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious m...
Jinja Engineer Accused of Stealing UGX 2 Billion from American Investor
(Jinja) – If there is one thing Ugandans know how to do well, it is survival by any means necessary. But Engineer Stephen Bogere, the pride of Jinja, and his trusted do...
URA Collects UGX 28 Billion More Than Expected in August
(Kampala) – The Uganda Revenue Authority (URA) has reported a surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.0...