Tag Archives: Bank

Four individuals, including a Rwandan national, have been remanded to Luzira Prison by the Kampala Capital City Authority (KCCA) City Hall Magistrates Court on charges of attempting to fraudulently withdraw 725 million Shillings from a Stanbic Bank account belonging to Enid Kukunda. It goes without mention that Enid Kukunda, the alleged victim in this case, is the same lady who …

One of the officials at KCB bank’s top management is embroiled in a blistering sex scandal with female employees and customers at a rival bank. This official at the KCB headquarters has over the four years been exchanging sex and money with female staffers and customers at a rival bank which we shall not mention for now. But a hint-DFCU, …

Government has come under fire for paying US$118Million (UGX428.990Bn) to UMEME Limited as buyout amount at the end of its concession in March 2025 yet the same company owes Uganda Electricity Transmission Company Limited (UETCL) UGX600Bn. Parliament’s Committee on Environment and Natural Resources, notes that the UGX600Bn arose from electricity UETCL supplied to Umeme. This development came up during a …

Nairobi, Kenya –Members of the Kenyan Chapter of the Parliamentary Network on the World Bank and the International Monetary Fund (IMF) caucus held a meeting with the IMF mission team to discuss key policy reforms that would accelerate the country’s economic growth. Kenyan Legislators (Courtesy photo) The caucus chaired by Hon. Mohamed Aden Daud (Wajir East) underscored Parliament’s commitment to …

Centenary Bank, in partnership with the Ministry of Gender, Labour and Social Development on September 30, handed over two newly constructed homes and 50 mattresses to selected vulnerable elderly beneficiaries in Jinja City. The initiative was part of the national commemoration of the International Day for Older Persons under the theme “Enhanced Household Income: A Key to Dignity and Respect …

As early as 4:30am, Divine Kobusigye the Senior Five Mobiliser at St Julian Secondary School was already dressed in her sparkling well pressed white Shirt and Kaaki skirt. She was beaming with a sheepish smile and couldn’t wait for the day to go on as they have been planning for the past one month. This preparation was in anticipation of …

by AdminOctober 8, 2025October 8, 20250 Share0 By Kabuye RonaldOn Wednesday, officials from Stanbic Bank visited the headquarters of the National Entrepreneurs and Traders Association (NETA) at Yiga Chambers in Kampala, marking a significant step in the bank’s ongoing efforts to support entrepreneurship and trade in Uganda. Stanbic Bank Strengthens Ties with NETA to …

Equity Bank Uganda in partnership with the Umukuka wa Bugisu, the cultural leader of the Bamasaba, and Gro Foundation has launched a major tree planting initiative aimed at decarbonizing dumping sites and promoting environmental conservation in Bugisu subregion. The project, covering eight acres around the major dumping site in Mbale city, will see the planting of trees that will act …

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Kampala, Uganda – Fresh evidence has emerged in the explosive case against Bank of Africa Uganda Ltd, placing the lender at the heart of what staff members describe as a systemic scheme of financial exploitation, coercion, and misappropriation targeting both customers and staff. In addition to the High Court affidavit filed by former staff member Michael Mwesigwa exposing coercive loan …