Breaking News
Fresh Scandal At Gender Min. As Top Officials Swindle Over Shs 5bn UNCC Funds
Several Officials working under the Uganda National Cultural Centre (UNCC) are in deep trouble after the office of the Auditor General discovered that they are misusing billions of taxpayers’ money instead of delivering it to the Consolidated Fund of Ministry of Gender, Labour and Social Development. This comes after Auditor General’s report indicated that for…
Amnesty Commission Applauds UPDF For Restoring Peace In Eastern DRC
The Amnesty Commission commended the Uganda Peoples’ Defence Forces (UPDF) for their outstanding efforts in restoring peace in the Eastern Democratic Republic of Congo and implementing the Amnesty Act. Mr. Draku Moses, the Principal Public Relations Officer of the Amnesty Commission, addressed the media at the Ministry of Defence and Veteran Affairs in Mbuya, during…
NCHE Permits Victoria University To Continue With E-learning, Conduct Online Exams
The National Council for Higher Education (NCHE) has granted permission to Victoria University to continue implementing the Emergency Open Distance and e-Learning system and to also conduct online examinations. “I am pleased to inform you that after due consideration, the National Council for Higher Education has granted you permission to continue implementing the Emergency Open…
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…
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Furious Museveni Kicks Greedy URBRA Off NSSF Savers Money
President Yoweri Museveni has ordered the controversial Uganda Retirement Benefits Regulatory Authority (URBRA) to get off workers’ savings in the National Social Security Fund (NSSF). Museveni made the directive during a meeting with stake holders of the NSSF fund at State House Entebbe on Tuesday. The meeting was attended by among others, the Prime Minister…
Scrap Off OTT Due To High Evasion Rate-Akol Tells Govt
Doris Akol, the Uganda Revenue Authority (URA) Commissioner General ,Doris Akol has asked government to amend the law that is governing collection of Over-the-top’ tax commonly known as OTT inorder to reduce the high rates of evasion. Madam Akol made this presentation at Parliament where she was meeting legislators on the Parliamentary Committee on Finance…
Deep Trouble: Equity Bank Bosses At It Again As CEO Mwangi Secures Court Order To Escape Arrest
Equity Bank chief executive officer James Mwangi has secured a court order blocking his possible investigation or arrest over a disputed multi-billion shilling property in the high-end Muthaiga estate in Nairobi. Mwangi, who has served Equity Bank for 32 years, faces arrest over allegations that he fraudulently grabbed a multibillion property in Muthaiga, a plush…
LIST: Top 10 Richest People in Africa at the Start of 2024
For most enterprising individuals, the new year comes with new financial objectives that have been established to surpass the previous year’s accomplishments, Africa included. As the new year begins, people aim to accomplish goals that have eluded them in the past, and African billionaires are no exception. Said billionaires are tasked with the responsibility of…
Italian Embassy Trade Advisor, Indian Association Uganda Business Forum Discuss Economic Bilateral Trade Ties
Mr. Zephline Muhangi the Italian Trade Promotion Advisor based in Uganda has attended an official meeting with the Leaders of the Indian Business Forum in Uganda at one of the business forum members’ hotel in Kampala. The leaders who attended the meeting which took place on March 28, 2022 include; Mr. Rajesh Kumar of Oxygas…
Op_ed: NEMA Can Not Image The Dubai Marine Experience Here In Uganda
By Ben Ssebuguzi Kampala: The environment Act, 2019 defines National Environment Management Authority (NEMA) as an agency that is mandated to promote sustainable developments in the country. It goes ahead in section 2 under the principals of management of the environment as an entity which must provide for equitable, gender responsive and sustainable use of…
