Supreme Court Dismisses Nzeyi’s Appeal Over National Bank of Commerce Liquidation
The Supreme Court has dismissed a petition filed by Humphrey Nzeyi challenging the liquidation, closure, and subsequent sale of the National Bank of Commerce (NBC). In a unanimous ruling, the seven justices; Prof. Lillian Tibatemwa Ekirikubinza, Percy Night Tuhaise, Mike Chibita, Elizabeth Musoke, Christopher Madrama, Catherine Bamugemereire, and Monica Mugenyi
Former CID Spokesperson Twiine Charles Reported Missing
Twiine Charles, the former CID spokesperson who was later assigned to the Parliamentary Police Investigations Section, has reportedly gone missing, the Daily Star has learned. According to The Observer, Twiine was last seen on Wednesday afternoon as he left the police headquarters in Naguru, where he had an appointment with
EC Gazettes Application to Register People’s Front for Freedom
The Electoral Commission has officially gazetted an application by the promoters of the People’s Front for Freedom (PFF) to register it as a political party. “Notice is hereby given by the Electoral Commission, in accordance with the Political Parties and Organisations Act, of an application for registration by the People’s
Treasury Bond Auction Sees Yield Surge, Undersubscription at 78%
The Uganda shilling traded sideways over the past week, briefly touching session highs of 3645/3655. Mid-week tax remittances provided support for the local unit, though buying interest from entities in the energy sector applied downward pressure. The currency closed the week marginally weaker at 3655/3665. Analysts anticipate that the shilling
Deported Ugandan Ambassador Declines New Posting, Reaffirms UPC Loyalty
Joy Ruth Acheng, the former Ugandan High Commissioner to Canada and former Woman MP for Kole District, has publicly declared that she has never been a member of the ruling National Resistance Movement (NRM) party. Acheng was expelled from Canada in September 2024, after being declared persona non grata on
UBA Names Agutamba Chairperson of Peer Committee on Marketing and Communication
The Uganda Bankers Association (UBA) has appointed Stanbic Bank Uganda’s Country Manager for Reputation and Corporate Communication, Ken Agutamba, as the new Chairperson of the Peer Committee on Marketing and Communication. He succeeds Jude Kansiime of DFCU Bank. The committee plays a critical role in shaping collective communication strategies and
More than 7.2 million Ugandans live below absolute poverty line- New survey
At least 16.1% of Ugandans live below the absolute poverty line of US$1 (Shs 3,652) per person per day, according to the newly released Uganda National Household Survey 2023/24. The survey, conducted by the Uganda Bureau of Statistics (UBOS), covered 17,350 households across 1,735 Enumeration Areas (EAs). These EAs were
Global Flagship Initiative for Food Security Brings Together International Stakeholders to Address Global Hunger
On May 12-13, global leaders and experts convened in Bonn, Germany, for the first stakeholder meeting of the Global Flagship Initiative for Food Security. With an estimated 735 million people affected by hunger, the need for urgent, science-driven, and sustainable solutions has never been clearer. The Flagship Initiative offers a unified
Absa Bank wins two awards at the 2025 Global Banking and Finance Awards
Absa Bank Uganda has been honoured with two prestigious accolades at the 2025 Global Banking and Finance Awards: “Best CSR Bank Uganda” and “Best Community Engagement ESG Initiative in Uganda”. These awards recognise Absa Bank Uganda’s broad and sustained impact across key areas, including the One Million Trees Initiative aimed
Pictorial: Frank Gashumba Finds Love Again, Introduced in Sembabule
Frank Gashumba, Co-Founder of Sisimuka Uganda, Co-Founder of the Council for Abavandimwe, and Vice Chairman of the Patriotic League of Uganda (PLU) for the Central Region, has reportedly found a new soulmate. Gashumba, who previously separated from the mother of his well-known daughter—media personality and brand ambassador Sheila Gashumba—was introduced
