BOU SACCO CRACKDOWN! 83 Saccos Face Closure As Bou Licence Deadline Nears
Only seven of an estimated 90 large Savings and Credit Cooperative Societies (SACCOs) have so far obtained licences from the...
Month: August 2026
ROT AT MICROFINANCE SUPPORT CENTRE! Top Bosses Face Arrest Over Sh22.67bn loss, Sh62bn Loan Write-Offs, LEGS Project Unlicensed Sacco Loans, Chaotic Lending & Idle Emyooga Billions
KAMPALA — Trouble is deepening at the Microfinance Support Centre (MSC) after Parliament ordered the arrest of the institution’s top...
FRAUD! Kenya Moves to Extradite Chinese National Wanted in Uganda Over Sh4.5bn Diamond Steel Theft
NAIROBI — Kenya has moved to extradite a Chinese national wanted in Uganda over an alleged Sh4.5 billion fraud at...
SMUGGLER BUST! URA Arrests Notorious Timothy Segane Over Tax Evasion, Trader Scam
The Uganda Revenue Authority (URA) has arrested notorious smuggler Timothy Segane over a string of alleged tax evasion, customs fraud...
MYANMAR BANS BOOK ON UGANDAN VICTIMS! Shock Report Exposes Scam Compound Trafficking
Myanmar authorities have reportedly banned a book documenting the trafficking and forced labour of Ugandan and other African migrants trapped...
COFFEE ALERT! Vietnam Predicts Bigger Robusta Crop as El Niño Threat Looms
Vietnam's 2026/27 robusta coffee crop could see a slight increase in output, though the threat posed by this year's El...
LIST: Singapore tops the 2026 ranking of the world’s richest countries
By Agencies Singapore topped the 2026 ranking of the world's richest countries with a GDP per capita of over $156,000...
CUSTOMER LOYALTY CRISIS! Centenary Bank Boss Leads The Charge, Reveals Why CEOs Must Take Over Customer Experience
Every business today is talking about customer experience. New digital platforms are being rolled out, artificial intelligence (AI) is transforming...
OKIA DEATH MYSTERY! Case Hospital confirms Hillside Schools Naalya boss died at the facility after surgery gone wrong
Case Hospital has broken its silence over the controversial death of Hillside Schools Naalya principal, Dr Henry Stanley Okia, confirming...
KCB DATA BOSS DIES! Mysterious Death of Woman Entrusted With Clients’ Details Sparks Safety Questions
NAIROBI, KENYA — Rosemary Kimwatu Koech, the Head of Data Protection at KCB Bank Group, has died suddenly at her...
CASE HOSPITAL SURGERY GONE WRONG! Fresh Details Emerge on Sudden, Mysterious Death of Hillside Schools Naalya Boss Dr Okia Ahead of Planned South Africa Trip as Family Seeks Answers
Fresh details have emerged surrounding the sudden death of Dr Henry Stanley Okia, the longtime principal of Hillside Schools Naalya,...
MMU VARSITY PROBE! Sh31.8Bn Land “Missing”, Sh814M Staff Arrears & Sh15.5Bn Contract Raise Red Flags
By Our Reporter Mountains of the Moon University (MMU) has come under the spotlight after the Auditor General raised a...
INSIDE WORKS MINISTRY ROT! Sh500Bn Contractor Arrears, Sh533Bn PAPs Debt, Abandoned Roads & Sh40.6Bn Questionable Bills Expose Management Failures
By Our Reporter The Ministry of Works and Transport is facing a damning audit spotlight after the Auditor General uncovered...
LEGS LOAN CRISIS! Sh2.7Bn MSC Lending Scandal, Sh62.53Bn Write-Offs and 52% Default Rate Expose Microfinance Support Centre Collapse Under Rural Growth Programme
By Our Reporter A deepening financial crisis has engulfed the Microfinance Support Centre (MSC), the main lending arm of Government’s...
UEGCL HOME PROJECT! Sh6.61Bn Still Sitting Idle at Stanbic Bank as Karuma, Isimba Dams Skills Programme Gets Two-Year Extension
A major Government-backed programme aimed at strengthening Uganda’s capacity to operate and maintain the Karuma and Isimba hydropower plants has...
WHERE DID THE SH308M GO? Makerere Guest House Cash Trail Raises Eyebrows
KAMPALA — A financial management storm has hit Makerere University Holdings Limited (Makholdings) after the Auditor General flagged the handling...
EQUITY GROUP ROARS TO SH1.4 TRILLION HALF-YEAR PROFIT! Earnings Jump 32% As Pan-African Growth Powers Banking Giant
Equity Group Holdings Plc has announced a solid first‑half performance for 2026, underscoring its continued regional leadership and the momentum of its...
DEGREES AND SKILLS! Speaker Oboth Urges MBI Graduands To Think Beyond Academic Papers
KAMPALA: Speaker of Parliament Rt. Hon. Jacob Marksons Oboth-Oboth has challenged Ugandan graduates to look beyond paper qualifications and focus...
LEGS PROJECT MESS! Sh545Bn Rural Growth Programme Hit by Land Disputes, Unaccounted Sh216M and Sh2.7Bn Loan Scandal Under Local Govt Ministry
By Our Reporter A multi-billion-shilling Government programme designed to lift millions of Ugandans out of poverty through agriculture, water access,...
STARLINK LANDS IN UGANDA! Roke Telkom, Paratus Uganda First To Fire Up Satellite Internet
KAMPALA — The satellite internet race has officially blasted off in Uganda, with Roke Telkom and Paratus Uganda taking the...