With Uganda’s Finance Ministry reforms heralded the best in East Africa and possibly continent-wide, the European Union has given the country a new $8m (about sh30billion). Signed on Friday by EU’s head of delegation to...
Struggling Diamond Trust Bank (DTB) are still pursing a case of fraud at the Malaba branch where the Branch Manager, Mrs. Regina Kiguli Ahumuza allegedly locked other staffers in a room and took off with...
President Museveni’s former Principle Private Secretary and current Trade Minister Amelia Kyambadde’s husband is being tracked by court bailiffs over an unpaid loan he obtained from a Kampala moneylender. Mr Wilson Kyambadde is in hiding...
President Yoweri Museveni has told Ugandan citizens that his government has been challenged by the financial “haemorrhage” (donation) to other countries. In his new year’s message, he tells the country his government will reduce on...
Ugandans will start paying through their noses following government approval to increase power tariffs by 10 per cent. With effect from January 1, homes and kiosk owners will pay a whooping Shs696.9 from Shs623.6 for...
Just four months after being investigated for irregularities in the procurement a piece of land at Plot 5 Serunkuma Road Mbuya for the planned construction of Governor’s residence, Uganda’s Central Bank is in trouble again...
Talk has been whopping $476 million Kampala-Entebbe Expressway being the most expensive road in the world but Thursday’s signing of a $151 million (Ushs 545,110,000,000) 40-year from the African Development Bank (AfDB) is also raising...
A multi billion gravity scheme water project on River Kahengye in Rukungiri District has stalled over bitter rivalry over land rights during the sale of a piece of land. The disagreement stems from the sale...
Negotiations have been initiated by wholly-owned Kenyan bank KCB Uganda days after Uganda Revenue Authority (URA) blacklisted them and advised their clients to seek services from other banks available on its portal. According to reports...
President Museveni has constituted a commission of inquiry into the effectiveness of the law and processes of land acquisition, land administration, land management and land registration in Uganda The head of state has therefore, in...
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