Forbes Kalule

Here are the most expensive, affordable banks in Uganda, according to BoU

The ventral bank said it is publishing these commercial bank Interest rates and charges to promote transparency and enhance competition in the provision of banking services. Bank of Uganda (BoU) has released

April 5, 2018

by Forbes Kalule

Nine eye NSSF Friends With Benefits big cash prizes

The Friends with Benefits show is an initiative that showcases people who have received their NSSF benefits and used it to transform their lives and even the communities they live in. . Its main objective is to inspire millions of

March 21, 2018

by Forbes Kalule

Interpol airlifts SK Mbuga to Sweden over Shs23bn fraud

Sulaiman Mbuga is in custody of Swedish prosecutors after he was arrested and airlifted to the

NMS asks court to stop Muhakanizi from meddling in cancer institute management

Dragged to court in 2017, through its Lawyers Peter Kawuma of K and K Company Advocates,

Top audit firms KPMG, PwC cited as unfit to probe Crane Bank sale

The Crane Bank ghost? If there is something like that, it surely is decisive, for, after dragging two top law firms out of representing Bank of Uganda against tycoon Sudhir Ruparelia in

April 6, 2018

Company News·The Big Story

Man sues hospital for Shs1bn over ‘wrong’ HIV diagnosis

As a requirement for a guard job in Somalia, Godfrey Ntaro was asked to undergo a comprehensive medical checkup, including an HIV test. At The Surgery, he was found to be HIV-negative

April 6, 2018

Legal & Justice·The Big Story

Govt to pay traders Shs150bn for losses in South Sudan

The companies mainly affected by the outbreak of war fall under the Uganda South Sudan Grain Traders and Suppliers Association Limited; and Joint Association for Redemption of Ugandan Traders in South Sudan.

April 6, 2018

The Big Story

Parliament approves Shs1.3bn for Nodding Syndrome

The approved funds will cater for various items including allowances for health workers during outreach visits as well as training of health workers to handle cases of Nodding Syndrome. The funds will

April 5, 2018

The Big Story

Crane Bank saga: Top audit firms KPMG, PwC cited as unfit to probe BoU

Two of the auditing firms shortlisted by the Auditor General to examine Bank of Uganda operations in relation to the now controversial sale of Crane Bank to dfcu Bank among other issues, have

April 5, 2018

Company News·The Big Story·Thought Leadership

Dr Atwine, Kagina among accounting officers Muhakanizi wants sacked over failure to manage funds

In a missive that was a follow-up to audit queries raised by the Office of the Auditor General, which points out issues in the various departments in the central governments and the

April 5, 2018

The Big Story

the Auditor General, John Muwanga says poses risk to the operations of the Central Bank

Auditor General investigates BoU over ‘donating’ Crane Bank to dfcu

Auditor General John Muwanga has been instructed to do a broad forensic audit into the operations of the bank of Uganda (BoU) and demand accountability of Shs200b, which was injected into the

April 4, 2018

Company News

Top Finance ministry official fails to account for Shs1.5bn, thrown out by MPs

The meeting that started well turned dramatic when Kasimbazi started presenting the Ministerial Policy Statement. Lawmakers led by Aruu County MP Odonga Otto wondered how the committee would interface with an official

March 29, 2018

The Big Story

Umeme crosses 1 million customers mark, but sees reduced profit

High financing costs and increased costs of operation dampened power distributor, Umeme’s net profit for 2017, results announced by the company today show. Despite an 8.7% growth in revenue from Shs1.36 trillion

March 29, 2018

Company News·Technology & Innovation·The Big Story

Policeman sues Gen Kayihura over denial to participate in politics

Deputy Assistant Inspector of Police Nelson Mungasa has dragged Gen Kayihura to the Civil Division of the High Court in Kampala, demanding compensation from his former boss for “deliberately depriving him a

March 28, 2018

Legal & Justice·The Big Story

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