The officials and lawyers who have been remanded over fraud At least six people including three bankers and two lawyers have been remanded by the Anti-Corruption Court in Kampala for conspiring to defraud Tropical Bank Limited of 2.1 billion Shillings. The suspects are Hajjara Nansubuga, Faridah Nasiiwa, and Deborah Acen,
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Beatrice Anywar, the Minister of State for Water and Environment Lawmakers want the National Forestry Authority (NFA) audited over the disappearing forest cover in the country. They accuse the forestry body of championing activities which have led to deforestation, contrary to their mandate of promoting tree planting. This was
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Matia Kasaija, the Minister of Finance, Planning and Economic Development. Uganda Revenue Authority (URA) is expected to increase its collections by four trillion Shillings to 29.7 trillion Shillings in domestic revenues for the financial year 2023/24, compared to the projections for this financial year. The Minister of Finance, Planning,
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Part of the Nairobi City skyline Nairobi has been ranked fifth in terms of number of dollar millionaires in Africa in a report by research firm New World Wealth and Henley & Partners. The latest Henley Global Citizens Report, which tracks private wealth migration trends worldwide, shows Nairobi has 5,000
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Kyambogo University has blamed the failure by the University to collect Shs23.2bn in tuition from students on the decision by Government to close all education institutions as means to curb the spread of the Covid-19 pandemic. The revelation was made by Acting University Secretary, Arthur Katongole while appearing before Parliament’s Public Accounts Committee (PAC)
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Lloyd Jonathan Busuulwa, the dfcu Bank Head of Alternative Channels dfcu Bank has today launched a paperless account opening solution that allows existing customers to open an account online, using dfcu QuickBanking, the Bank’s digital banking platform. Through the campaign dubbed ‘Secondary Account Ku-Spot’, the solution offers customers the option to
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Richard Yego (L) signs the dummy cheque of the total sum of money to be paid out as interest to the active MoMo customers The benefits of separation of Mobile Money from the telecommunication business are beginning to be noticed as MTN Mobile Money customers are scheduled to receive UGX
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President William Ruto at Kasarani International Stadium, Nairobi, on September 13, 2022. By William Ruto President Republic of Kenya Dr William Ruto was on Tuesday sworn in as the fifth President of Kenya at Kasarani International Stadium. Here's the full speech he issued afterwards. "This is a momentous occasion for Kenya. Our
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Museveni and Ruto President Yoweri Museveni has urged East African leaders to continue with the East African integration to provide an extended market in the region. He made the remarks while addressing a crowd at Kasarani stadium in Nairobi while attending the swearing-in ceremony of Kenya’s fifth President, Dr. William Samoei Ruto.
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Kyabazinga of Busoga William Wilberforce Gabula Nadiope IV greets his subjects at the Kingdom’s headquarters in Bugembe, Jinja, ahead of the 8th coronation anniversary. MTN Uganda today joins Busoga Kingdom in celebration of the Kyabazinga William Wilberforce Gabula Nadiope IV’s 8th coronation anniversary. Nadiope IV was installed as the Kyabazinga at the Kingdom
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