Tag Archives: rot

The South African unit of one of Nigeria’s largest lenders, Access Bank, has seen an exodus of senior executives amid concerns of a lax compliance regime, with the group roping in its Nigerian executives to steady the ship and put the group on a growth path in Africa’s most industrialised economy. The group in December announced the imminent departure of …

Kampala – Uganda’s science and innovation sector is reeling from mounting allegations of institutional decay, political interference and shadowy management of multi-billion-shilling projects, as fresh details emerge linking recruitment chaos at the Uganda National Council for Science and Technology (UNCST) to a wider governance crisis at the Ministry of Science, Technology and Innovation (STI). At the centre of the storm …

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 …

The Public Procurement and Disposal of Public Assets Appeals Tribunal has allowed the case in which Dentons Advocates sued Uganda Electricity Transmission Company Limited (UETCL) over a 13 billion legal services contract for arbitration proceedings against Umeme Ltd. The Tribunal in its decision delivered on Friday, found irregularities in the evaluation process, including the unlawful alteration of the winning bidder’s …