dfcu bank has broken silence on the alleged hacking of its system that has reportedly caused financial loss to the bank and customers. However, in an official statement dated Monday 15th July 2019, dfcu has described the reports as “malicious falsehoods”. Headed by Mathias Katamba (in featured photo)as Managing Director,
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South Africa's former President Jacob Zuma has told a judge-led inquiry that allegations of corruption against him were a "conspiracy" aimed at removing him from the political scene, BBC reports. He was appearing for the first time at the inquiry, which is investigating allegations that he oversaw a web of
Read MoreThe Police Flying Squad Unit-FSU and Crime Intelligence-CI have recovered 30 guns in eighteen operations conducted across the country. Police Spokesperson, Fred Enanga (in featured photo), said the guns were recovered in the past five months through intelligence led crackdowns. He says majority of the guns have since established to
Read MoreMPs Grill Trade Ministry Officials Over Shs39m Paid To Political Assistants, Bodyguards
Members of Parliament (MPs) sitting on Public Accounts Committee (PAC) Monday tasked the Ministry of Trade officials to explain circumstances under which the Ministry paid Shs39.36m to political assistants and security guards of Ministers without the institution’s structures providing for the posts. The Trade Ministry officials led by Permanent
Read MoreFULL PERFORMANCE REVIEW: How URA Surpassed Shs16.3Trn Revenue Collection Target In 2018/19
Uganda Revenue Authority (URA) registered impressive and improved performance during the fiscal year 2018/19 on the back of a higher than projected economic growth. During the FY 2018/19, the economy grew by 6.1% against the projected growth of 6%. In 2018/19, the tax body was given a net revenue target
Read MoreThe Acting head of Private Security and Fire Arms Department in Uganda Police, Apollo Kateeba, has said that cases of security guards killing civilians are as a result of lack of supervision. His comments follow the death of Ainebyoona Mugisha who was on Tuesday shot dead by Moses Angoria, a
Read MoreTanzanian President John Pombe Magufuli has heaped praise on his Ugandan counterpart, President Yoweri Museveni, saying Uganda has grown tremendously under him. Magufuli made the remarks over the weekend while hosting Museveni in Chato, Tanzania. "President Yoweri Kaguta Museveni is a brother and indeed, a true friend. Flying all the
Read MoreThe Ministry of Labour in Kenya has until close of business Monday to provide documents on the auction of top-of-the-range vehicles belonging to the government at throw-away prices with some being sold for as low as KSh32,000 (UShs1.1m), Business Daily reports. Public Accounts Committee (PAC) directed PS Peter Tum to
Read MoreWorry As China’s Economy Grows At Slowest Pace Since 1990s
China's economy grew at its slowest pace since the early 1990s in the second quarter, official figures showed. In the three months to June, the economy grew 6.2% from a year earlier. The result was in line with forecasts. China has moved to stimulate its economy this year by boosting
Read MorePremier Recruitment Ltd, Uganda’s fast growing labour hiring and exporting agency has positioned itself to help Ugandans cash in on the 80,000 jobs available in the United Arab Emirates (UAE). This follows revelation by Janat B. Mukwaya , Minister of Gender, Labour and Social Development that the Government of Uganda
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