Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Pr...
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Exclusive Intelligence! Squicky Bum Time at Stanbic Bank As DPP Orders Arrest of Top Managers Over UGX 3B Fake Gold Money Laundering Deal!
In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be i...
Nine Senior Finance Ministry Officials Arrested Over Shs60 Billion BoU Heist
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from...
To cap or not to cap interest rates
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...
INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together w...
Uganda Central Bank Cracks Down on Predatory Digital Lenders
Bank of Uganda headquarters in Kampala.KAMPALA, UGANDA – The Bank of Uganda has issued a warning to Payment Service Providers (PSPs) against dealing with unlicensed di...