Tag Archives: Pay

DTB IN FRESH FRAUD STORM! Court Orders Bank to Pay Sh178M After SIM Swap Fraud as Dark History Comes Back to Haunt Lender

DTB

Diamond Trust Bank (DTB), one of East Africa’s biggest lenders with operations in Uganda, Kenya, Tanzania and Burundi, has once again found itself at the centre of controversy after a Kenyan High Court ordered the bank to compensate a customer who lost hundreds of millions of shillings in a SIM swap fraud.The High Court in Machakos ruled that DTB Kenya …

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Mathias Magoola Flees His Matugga DEI Pharma Factory as Workers go on Strike, Having Taken Four Months Without Pay – mulengeranews.com

Mathias Magoola Flees His Matugga DEI Pharma Factory as Workers

By Mulengera Reporters The Government of Uganda officially invested up to Shs750bn into the Matugga-based DEI Pharmaceuticals manufacturer, which earned Ugandans a shareholding of 9% in the business. This PPP decision was controversial from the very inception as a significant number of MPs protested and questioned the prudence of doing such a thing.   Andrew Mwenda, a renowned Museveni supporter, …

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Pay For Your Negligence! Tycoon Sudhir Floors Kabira Club Shabby Contractor, Awarded UGX 2B Costs In Landmark Construction Dispute

Pay For Your Negligence Tycoon Sudhir Floors Kabira Club Shabby

Viewers: 100,003 By Andrew Irumba Katusabe Kampala—The High Court Commercial Division in Kampala has delivered a stinging judgment against architectural consultancy firm FBW (U) Ltd and its principal architects Nigel J. Tilling and Paul Moores, finding them liable for fundamentally breaching a multimillion-dollar consultancy agreement linked to the expansion of Bukoto based Kabira Country Club,  In a detailed 42-page …

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Pay attention to what your child does online

Pay attention to what your child does online

The internet is as dangerous as it is wonderful. Social media exposes your children to concepts and ideas they would never encounter within their day-to-day lives. During my school days, most children gave the same set of answers to every adult who asked what careers they wanted to pursue as adults: doctor, lawyer, engineer, and teacher. Today, you are going …

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Don’t Pay Fees Because Gov’t Paid For You:Minister Balaam Orders Investigation Into Buheesi SSS Over Illegal School Charges

Relief As Minister Balaam Orders Investigation Into Buheesi SSS Over Illegal School Charges

Viewers: 90,039 By Spy Uganda The Minister of State for Youth and Children Affairs, Hon. Balaam Barugahara Ateenyi, has called for urgent investigations into allegations of illegal school charges and the denial of education to vulnerable learners at Buheesi Senior Secondary School in Bunyangabu District. The Minister made the remarks while responding to a formal petition delivered by Pan-African …

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High Court Upholds URA Decision, Orders Airtel to Pay Shs 1.09Bn

High Court Upholds URA Decision Orders Airtel to Pay Shs

The Commercial Division of the High Court has ordered Airtel Uganda Limited to pay Shs 1.09 billion in additional taxes arising from the importation of telecommunications equipment. In a ruling delivered by Justice Stephen Mubiru, the court upheld the Uganda Revenue Authority’s (URA) decision to reassess the value of imported equipment after questioning the declared transaction value. The dispute stems …

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Pictorial: Hundreds Gather in Kalangala to Pay Tribute to Hon. Nakimuli

Pictorial Hundreds Gather in Kalangala to Pay Tribute to Hon

Kalangala– Residents from various villages making up Kalangala district, Religious leaders, Legislators, political heads, cultural leaders and other members of the public have gathered at Kalangala district h headquarters to pay tribute to the fallen Kalangala Woman Member of Parliament Hon. Hellen Nakimuli. Hon. Hellen Nakimuli’s body at Kalangala District Council ahead of special sitting. (Courtesy photos) The National Unity Platform …

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BIG BET OR BIG RISK? Nedbank’s 1.4x premium pay for NCBA takeover raises eyebrows

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Nairobi was buzzing this week when Nedbank Chief Executive Jason Quinn landed in town with one mission — defend a jaw-dropping deal. The South African banking giant has tabled about $855 million (Shs3.01 trillion) for a 66 percent stake in NCBA Group, valuing one of East Africa’s biggest banks at roughly 1.4 times book value. In a market where recent …

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PEANUTS PAY, POWER WARS, PROFITS GREED…The real story behind MTN MoMo boss Yego shock exit

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Shockwaves are still rippling through Uganda’s telecom corridors after Richard Yego, the Managing Director of MTN Mobile Money Uganda Ltd (MTN MoMo), stepped down, setting the stage for a dramatic February 2026 handover. Officially, it is a diplomatic transition. Unofficially, insiders are whispering about peanuts salary, boardroom jealousy, profit obsession and a silent corporate war that made his position untenable. …

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