Block 10
Bank Fraud: Equity Loses UGX 1.2 Bn Through Credit Card Sophisticated Hack
Equity Bank, a leading financial institution with operations in Uganda, has suffered a significant loss in its Kenyan operation due to a sophisticated credit card hack. The hack, which occurred between April and July 2023, resulted in a loss of UGX 1.2 billion (KES 322.1 million), has raised concerns about the vulnerability of the bank’s…
Digital National IDs To Save Ugandans From Heartless Money Lender Seizures-Muhoozi
The State Minister for Internal Affairs, Gen. David Muhoozi has unveiled government plans to tackle money lenders who are confiscating national identity cards (IDs) from Ugandans as collateral for loans. In a statement to Parliament on Wednesday, the Minister informed legislators that while the police have taken action against some money lenders involved in this…
Govt To Form New Political Slots In Parliament Ahead Of 2026 Polls
The government is set to review a proposal to establish new administrative units ahead of Uganda’s 2026 general elections, according to Local Government Minister Raphael Magyezi. Speaking to Parliament on Wednesday, Magyezi noted that Cabinet had directed him to submit a proposal on the creation and operationalization of administrative units. “On Monday, Cabinet authorized me…
Reckless Spending: Don’t Live Larger Than Life Because Of Women,Booze_ Maj Gen Takirwa Cautions UPDF Officers
Major Gen. Francis Takirwa, the deputy commander of the Land Force, has cautioned Uganda Police Defense (UPDF) soldiers to refrain from living a larger life. He says soldiers should stop reckless spending and prioritize saving to secure their futures. Takirwa advised the officers to adopt financial discipline that requires massive savings before their retirement. Maj.…
Not Everyone Should Speak For Coffee : A reference to Ps Joseph Serwada’s Remarks
By Guest Writer For long ,different voices, including from opposition figures, have been raised concerning the public expenditure in relation to the national debt . In one way or another ,the concern was valid due to the fact that there is duplication of roles intended for the same purpose with some ministries and agencies undertaking…
