United Bank for Africa (UBA) Uganda subsidiary has denied circulating social media claims regarding a purported loss of $250,000 (approximately sh965m) from a customer’s account, labelling these allegations as baseless and unfounded. “UBA Uganda categorically refutes these spurious allegations, asserting no such incident has occurred,” the bank said in a statement issued on April.08, reinforcing […]
Business activities in downtown Kampala, particularly in the Kikuubo hub, have been disrupted as some traders opted to close their shops in protest over various concerns regarding business operations. These concerns include issues with tax policy and administration, particularly the enforcement of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS), which traders allege is unfair. […]
The Directorate of Crime Intelligence (DCI) has shot and killed three suspected leaders of gangs operating near the Ministry of Public Service, Katanga, Sir Apollo Kaggwa and Nansana Municipality. A Nansana machete gang commander identified as Pius was shot three times on Friday night at Nasere zone, Gganda Parish. Pius was being trailed by DCI […]
President Yoweri Kaguta Museveni on Thursday 4th April, 2024 met officials from Nile Breweries Limited at his Kisozi Farm led by the company board Chairman, Onapito Ekomoloit. During the meeting, the President and the officials discussed issues ranging from alcohol health precautions to taxation and the expansion of locally based raw materials in the production […]
General Wilson Mbadi, the newly appointed State Minister of Trade, has issued a stern warning to the Uganda National Bureau of Standards (UNBS) and the Trade Ministry staff. He made it clear that incompetence and laxity will not be tolerated under his leadership. Gen Mbadi, who until recently served as the Commander of the Uganda […]
The Ministry of Finance, Planning and Economic Development has issued a raft of measures it plans to use to raise more taxes next financial year, if approved by parliament. The proposals in the new tax amendment bills are already raising fears among the public that they will most likely make worse the financial pressures some […]
The Buganda Road Chief Magistrates Court has remanded Sheenah Ndamiya the Director of Kadodi 256 Ndamiya Safaris Limited on charges of electronic fraud of more than sh326.9m. Ndamiya was on Tuesday arraigned before Court presided over by Grade One Magistrate Winnie Nankya Jatiko. The Court has heard that Ndamiya also known as Namara between […]
Uganda government has signed a bilateral agreement with the State of Qatar to facilitate safe and formal labour externalization to Qatar. The bilateral pact was signed by the Minister of Gender, Labour and Social Development, Betty Amongi Akena on behalf of the Uganda government. In her speech, Amongi noted that over 30,000 Ugandans are working […]
The Acting Inspector General of Police, Maj Gen Tumusiime Katsigazi is concerned by the increasing number of police officers deserting the force because of accruing loans. Katsigazi, who assumed IGP roles on March 4, after his boss Martin Okoth Ochola’s contract expired said loan-related desertions are emanating from borrowing by impulse. Katsigazi was speaking on […]
Former Deputy Chief of Defense Forces, Lt. Gen. Peter Elwelu, has urged the leadership of Wazalendo SACCO to prioritize the economic advancement of all its members, regardless of their ranks within the UPDF. Speaking at the Wazalendo annual general meeting held at Jingo City’s Gaddafi Garrison, Elwelu emphasized the need for entities like Wazalendo to […]