WENDI E-MONEY APP SCANDAL: PDM National Coordinator Dennis Galabuzi Ssozi & Minister Henry Musasizi Cited in Corruption-related Red flags
Anti-corruption activists and other stakeholders in Uganda have expressed concern over the gaps in the WENDI E-MONEY App which have left room for corruption...
OVER $26 MILLION DEBT SCANDAL: COURT SUMMONS BUSINESSMAN PATRICK BITATURE & WIFE CAROL BITATURE
Buganda Road Chief Magistrate’s Court has issued criminal summons against Ugandan businessman Patrick Bitature and his wife Carol Bitature to appear in court on...
COURT HALTS PATRICK BITATURE COMPANIES’ SHARES TRANSFER IN $10 M VANTAGE DEBT SAGA
The Commercial Court of Uganda has ruled that businessman Patrick Bitature should not alter the shareholding of four of his companies until it determines...
MEGA SCANDAL: UGANDANS LOSE TRILLIONS OF MONEY IN PONZI SCHEMES,FINANCIAL INTELLIGENCE AUTHORITY FREEZES CAPITAL CHICKEN ACCOUNTS
BY AARON AINOMUGISHA. Capital Chicken, an “investment scheme” that targeted mostly corporates who were interested in investing in poultry but didn’t want to directly...
YOUNG UGANDANS COMMITTING SUICIDE DUE TO MONEY LENDERS
President Museveni has vowed to punish all money lenders in Uganda, who are charging 20%. Museveni says this is abnormal and unacceptable because young...
NSSF (AMENDMENT) ACT 2022: INSIDE THE PLAN TO ENROLL 1.2 MILLION NEW CONTRIBUTORS BY 2025
The National Social Security Fund-NSSF Senior Manager Public Relations, Victor Karamagi has challenged employees and employers to comply with the NSSF (amendment) act 2022...