Tag Archives: Panic

Some families have lost up to £10,000 after being duped into sending money to fraudsters’ bank accounts Foreign students attending independent schools in the UK are being targeted by fraudsters seeking to intercept their fee payments, according to new research. Some families have lost up to £10,000 after being duped into sending money to the bank account of a criminal, …

The ruling National Resistance Movement (NRM) has admitted to dangerous mobilisation weaknesses just weeks to the January 15, 2026 general elections, blaming complacency and internal pride after decades of electoral dominance. NRM Secretary General Richard Todwong made the explosive admission on Sunday, December 28, 2025, while addressing women leaders from Northern Uganda at a high-level regional meeting in Gulu. “Our …

In a dramatic regulatory shake-up that has sent shockwaves through Uganda’s insurance sector, the Insurance Regulatory Authority (IRA) has suspended the licence of CIC Africa Life Assurance Limited, stopping the company from signing up any new customers effective 7th November 2025. In a strongly worded public notice, the Authority warned Ugandans NOT to seek new life insurance products from the …

A major banking bombshell has hit the financial streets of Kampala — Absa Bank Uganda has gobbled up the struggling retail and wealth wing of Standard Chartered Bank Uganda! The shock deal, sealed on Friday at Stanchart’s head offices, marks the end of an era for one of Uganda’s oldest banks, which has finally thrown in the towel on its …

Clients of the National Social Security Fund (NSSF) who use the Employer Portal will have to wait longer after the system suddenly went offline. In a brief public statement, NSSF cited a “temporary disruption” to the portal but did not explain the cause. However, highly placed sources have revealed that the Fund’s technical team is investigating a suspected cyber breach …