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Stanbic Bank
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Stanbic Bank
Stanbic Bank

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UK sanctions on Speaker Among are baseless, malicious and politically motivated – Parliament

Parliament has dispelled UK corruption allegations on Speaker Anita Among as baseless, malicious and politically motivated. In a statement issued by Parliament spokesperson, Chris Obore,...

Karamoja Iron sheets saga: UK sanctions Speaker Among, former Ministers Nandutu, kitutu ‘who stole from vulnerable communities’

The UK imposes sanctions on Ugandan politicians including the Speaker of Parliament following corruption charges for stealing from the poorest communities in Uganda.  This is the...

Court orders winding up of Jomayi Property Consultants Shs868m debt case

The Commercial Division of the High Court has ordered the winding up of Jomayi Property Consultants Limited over its failure to pay its debt...

Uganda receives Shs1t from Islamic Development Bank to renovate national roads

The government of Uganda has acquired a loan worth $295 million (about Shs1.125 trillion) from the Islamic Development Bank for the renovation of national...

National ID verification requirement to boost digital transaction security

In a bid to combat the rising threat of digital fraud, the Bank of Uganda (BoU) has introduced a new directive requiring ID verification...

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