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BoU issues new rules for mobile money transactions

Uganda, April 19 -- Mobile money agents across the country will, with immediate effect, start demanding a valid identity card before a customer transacts more than Shs1m on the platform, according to ... Read More


Uganda's Mugisha named among Time's '100 Most Influential People of 2024'

Uganda, April 18 -- Time Magazine has named Ugandan rights activist Frank Mugisha as one of the "100 Most Influential Figures of 2024". Mugisha is currently a fellow at Columbia University's Institut... Read More


Uganda's Frank Mugisha named one of Time's '100 Most Influential People of 2024'

Uganda, April 18 -- Time Magazine has named Ugandan rights activist Frank Mugisha as one of the "100 Most Influential Figures of 2024". Mugisha is currently a fellow at Columbia University's Institut... Read More


Banks on edge over govt plan to tax loans

Uganda, April 17 -- The proposed tax on recipients of proceeds from auction has divided opinions and threatens to escalate the costs associated with raising capital and loan recovery. This proposal c... Read More


Borrower accused of playing dodgeball in Shs12b loan case

Uganda, April 7 -- A Court of Appeal judge has ordered a businessman, his partners, and their hardware business to pay a multi-billion shilling loan owed to Diamond Trust Bank (U) Ltd, finding them cu... Read More


Pearl of Africa Hotel to be auctioned

Uganda, April 3 -- Aya Investments (U) Limited faces the imminent auction of its property. The Pearl of Africa Hotel will likely go under the hammer on May 3, with the auction set to kick-start effort... Read More


Ugandan borrower told to pay international lender Shs17b

Uganda, March 30 -- The High Court has ruled against a Ugandan businessman and his company, ordering them to pay more than Shs10b owed to a Mauritius-based lender. The case reflects a growing trend w... Read More


LDC students face uncertain future

Uganda, March 24 -- A significant number of students at the Law Development Centre (LDC) face an uncertain future in the unfolding results scandal even as the institution continues to downplay their c... Read More


Museveni balancing act in Muhoozi rise

Uganda, March 23 -- In 2013, retired General David Sejusa penned a key letter, extensively quoted by this newspaper, which had significant repercussions from the state. Within the contents of the afo... Read More


LDC in new scandal over student marks

Uganda, March 17 -- Accusations of "discrimination" and "incompetence" have been levelled against the Law Development Centre (LDC) with students from the Kampala campus voicing grievances over last mo... Read More