Featured Uganda

MTN faces more problems in Uganda as authorities query its sales figures

Uganda accused the country’s biggest telecoms operator, MTN Uganda, on Tuesday of underdeclaring its sales and causing public revenue losses, in a further souring of relations with the South African-owned company. Uganda deported MTN Uganda’s Chief Executive Wim Vanhelleputte last week, the fourth MTN official to be expelled from the… Read More

Uganda diverted weapons to South Sudan despite arms embargo

AP — A key broker of the latest deal to end South Sudan’s civil war diverted European weapons to South Sudan’s military despite an EU arms embargo, a new report says. It also asks how a U.S. military jet ended up deployed in South Sudan… Read More

Ugandan lawmakers to get sharpshooters and armoured cars for security

President Yoweri Museveni has approved increased security spending for Uganda’s 456 members of parliament – including on sharpshooters and armoured escort vehicles – after a ruling party lawmaker was shot dead. Critics said the spending was wasteful and failed to address security concerns of normal citizens who fear rampant crime… Read More
26th December 2017
Bank of Uganda (BOU) has finally unfrozen bank accounts of ActionAid Uganda after nearly three months of closure. “The leadership of ActionAid Uganda is pleased to inform its partners, supporters, and staff that our quest to have our bank accounts unfrozen has been achieved following constructive discussions with some agencies… Read More
9th November 2017
Kenya, Uganda and Tanzania are among the countries in east Africa where international lenders have cut-off correspondent banking relationships for fear of being exposed to charges of money laundering and terrorism financing. “The withdrawals of correspondent Bank relationships (CBRs) could result in longer payment… Read More
19th September 2017
Some African countries are at risk of getting slapped with sanctions and trade restrictions for their dealings with North Korea. A report was released by United Nations panel of experts on September 9th, two days prior to the UN Security Council’s unanimous adoption of a tough new round of sanctions… Read More
27th June 2017
Uganda will in September host a group of international experts to try and convince them that the country’s financial system is well-regulated enough to combat money laundering and terrorism financing. Read More
6th December 2016
Taking bribes is very dangerous. Offending officers should be reported to Parliament and the Executive. Read More
5th August 2016
With the new initiative, you can also ‘celebrate a hero’ who has declined a bribe in their community. Read More
4th August 2016
Government is set to introduce a new regulation to protect finances of members in Savings and credit cooperative organisations (Saccos). This was revealed on Monday by the regional manager of the Uganda Cooperative Savings and Credit Union, Mr Pascal Bwambale, while speaking in Malongo Sub-county, Mayuge District, during the commissioning… Read More
3rd June 2016
Kampala — The Financial Intelligence Authority (FIA), the body mandated to monitor, investigate and prevent money laundering, yesterday signed a Memorandum of Understanding with the Inspectorate of Government (IG), to bolster anti-corruption measures in the public and private sectors. The framework will mainly facilitate information sharing… Read More