NEWS

Bank of Uganda and A-Plus funeral management dragged to court over the late Ivan “Don” Ssemwanga Bank of Uganda makes statement, warns on misuse of the Uganda shilling note  New Bank of Uganda Act in offing  A concerned citizen, a one Abey Mgugu, has dragged A-Plus funeral management and Bank …

Ivan Kamyuka, the man who is alleged to have committed murder in Kampala’s Club Guvnor, has appeared before the High Court in Kampala in one of 40 cases being handled in a criminal session presided over by Justice Wilson Kwesiga. Kamyuka denied killing a one Jonny Ahimbisbwe in a fight over a …

Residents of Namugongo just outside Kampala have taken to social media to complain after Uganda Police issued traffic guidelines that have left many of them stranded ahead of the Martyrs’ day celebrations. Traffic in the surrounding areas of Namugongo has also noticeably been affected, with those driving having to take longer …

Five employees of Equity Bank – Uganda have been sentenced to jail terms ranging from 5 to 12 years after the Anti-Corruption  Court found them guilty of embezzling sh4.6 billion from their employer. Justice Margaret Tibulya  has sentenced Abubakar  Karungi to 12 years,  David Sserwamba  and Matthew Keeya have been …

Two arrested with 24.8kgs of ivory  in Kasese District Police in Kasese has arrested two men in possession of  24.8kg of ivory  worth sh9.6 million. Police say three other suspects are still at large. Bwambale Kalambi 32 and Moses Mumbere 35, all Ugandan Citizens from Kasese District, were this week arrested …

Beijing, China | AFP |  China on Thursday rejected allegations that two of its diplomats working in Uganda were involved in the trafficking of ivory from the African country. The Chinese embassy officials are suspected of helping move ivory from the Democratic Republic of Congo, the Central African Republic and …

URA recognises top 20 tax paying educational institutions Uganda Revenue Authority has released a list of top 20 tax payers in the education sector ahead of June 8 – the day Finance Minister Matia Kasaija presents the 2017/18 national budget. According to a notice released by URA’s Commissioner General, Doris Akol …

The National Agricultural Research Organisation (NARO) has advised farmers to pay attention to their gardens to counter possible threats related to the Fall Army Worm that recently hit maize farmers in 65 districts of Uganda. Speaking on the sidelines of the World Bank’s Open Day event at Kololo Airstrip on …

Barclays PLC has announced its intention to sell 187 million ordinary shares in Barclays Africa Group, which represents approximately 22% of Barclays Africa’s issued share capital. This follows receipt of the required regulatory approvals, including approval from the South African Minister of Finance, for Barclays PLC to reduce its shareholding …

Uganda’s Parliament has passed a Sh29 trillion budget for fiscal year 2017-18 on deadline day Wednesday despite stiff opposition to the amount of loans. Parliament only moved to consider the Appropriation Bill,2017 which is the final stage of the budget process, after the Deputy Speaker suspended The House for 15 minutes …