Frozen money concept. FILE PHOTO | NMG The High Court in Kenya has frozen more than KSh6.2 billion (UShs197.4bn) spread in 62 bank accounts belonging to Nigerian start-up Flutterwave and four Kenyans on fears they are proceeds of card fraud and money laundering. The billions in Guaranty Trust Bank (GTB), Equity,
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Autochek has acquired CoinAfrique Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of CoinAfrique, the leading platform for classified ads in French-speaking Africa, to accelerate the penetration of its auto financing services in Senegal, Côte d’Ivoire, and other French-speaking African countries.
Read MoreThe Uganda Government through the Ministry of Finance has tabled a motion seeking parliamentary approval of Shs202.13bn aimed at purchasing shares in Roko Construction Limited. The motion was tabled by Henry Musasizi (pictured), State Minister for Finance (General Duties) during Thursday's plenary sitting. He was however heckled by MPs as
Read MoreUganda Prime Minister, Robinah Nabbanja Government of Uganda has rubbished claims by both Ethiopia and Democratic Republic of Congo (DRC) that Uganda is raining rebels that are tormenting the two nations. The remarks were made by Premier Robinah Nabbanja while responding to a concern raised by Ibrahim Ssemujju (Kira Municipality) that tasked the Minister
Read MoreAmbassador Ssemuddu Presents Credentials To Sudan President Gen. Al Burhan, Starts Tour Of Duty At Khartoum Mission
Ambassador Dr. Rashid Yahya Ssemuddu (Left) presents his credentials to Gen. Abdel Fattah Al Burhan (Right), President of the Transitional Sovereignty Council of the Republic of Sudan “Uganda is following the events in Sudan with keen interest, especially the process of the tripartite framework. Uganda will support whatever the people of
Read MoreA section of MPs have formed a forum named the Uganda Parliamentarians land management forum aimed at finding solutions to the rampant land wrangles and evictions in Uganda. While announcing the Uganda Parliamentarians Land Management Forum at Parliament, Kiboga Woman MP, Christine Nakimwero, said the Forum will champion the review of the
Read MoreRecruits being subjected to Physical fitness test during recruitment of UWA rangers in Gulu City on Wednesday. A prospective recruit into the Uganda Wildlife Authority-UWA has died after participating in the 5kilometer fitness run in Gulu city. The deceased has been identified as 20-year-old Jacob Opiyo, a resident of Kitgum
Read MoreChris Mukiza the UBOS Executive Director The Uganda Bureau of Statistics has insisted that the Ugandan economy has entered into the threshold for the lower-middle-income status based on its statistical data computations, despite a divergent view by the World Bank. In a statement released Wednesday, the statistical body indicates
Read MoreUganda Airlines new CEO, Jenifer Bamuturaki The Acting Chief Executive Officer of Ugandan Airlines, Jenifer Bamuturaki, has been appointed the substantive head of the country's national carrier, State owned media New Vision has reported. A letter from the works and transport minister, Gen. Edward Katumba Wamala, to the chairperson
Read MoreBetty Akello Otekat, the RDC Amudat officiating the distribution of 920 Galla goats to the beneficiaries in Looro sub county Amudat district. Armed warriors have stolen 230 goats distributed by the government to reformed cattle rustlers in Lotisan sub-county in Moroto district. The goats were distributed to the former rustlers
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