The Endless Fraud at Equity Bank
Despite its mission to provide inclusive financial services and expand wealth-creation opportunities across Africa, Equity Bank has repeatedly been hit by fraud scandals across its major markets, including Kenya, Uganda, and Rwanda. The bank also operates in South Sudan, the Democratic Republic of Congo (DRC), and Tanzania. Each incident tends
Bobi Wine:’I am not going to negotiate my freedom’
Former presidential candidate Robert Kyagulanyi Ssentamu, widely known as Bobi Wine, has firmly declared that he will not negotiate for his freedom following his recent departure from Uganda, insisting that his rights must be guaranteed unconditionally. Kyagulanyi left Uganda two weeks ago after reportedly spending nearly two months in hiding
Mystery as two police officers from Bobi Wine’s campaign team Remain in Detention
Two members of the campaign security team of former presidential candidate Robert Kyagulanyi Ssentamu, also known as Bobi Wine, remain in detention, sparking fresh concerns from their families over their continued incarceration. The officers—identified as Sizomu Sula and Joshua Kigyenyi—are still being held despite several of their colleagues, who were
Security Forces Withdraw from Bobi Wine’s Home After Two-Month Standoff
Security agencies, including the police and army, have withdrawn from the residence of former presidential candidate Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, ending a two-month security siege at his home in Magere. The development comes just weeks after Kyagulanyi left Uganda for the United States, where he is
Court Grants Bail to NUP’s Ssebuwuufu Over Incitement Charges
The Chief Magistrate’s Court in Nakawa has granted cash bail of Shs500,000 to National Unity Platform (NUP) Electoral Management Committee member and Nakawa Division Lord Councillor, Johnmary Ssebuwuufu. As part of the bail conditions, Ssebuwuufu was ordered to deposit his passport, present sureties bonded at Shs5 million non-cash each, and
Who are the Six Ugandans implicated in Shs 12.5Bn Equity Bank Rwanda fraud
Buganda Road Chief Magistrate has charged six Ugandans implicated in a Shs 12.6 billion (Rwf 4.9 billion) cyber fraud at Equity Bank Rwanda. Appearing before Magistrate Ritah Naumbe Kidasa, the six were charged with electronic fraud and remanded pending investigations, as the court peruses their bail applications. The suspects are
Stanbic to Pay Shs 360 Billion Dividend on Back of Strong 2025 Results
Stanbic Uganda Holdings Limited has announced a Shs360 billion dividend payout to shareholders following a strong financial performance for the year ended December 31, 2025, highlighting the Group’s solid growth trajectory and resilient business model. The results mark a pivotal leadership moment, with outgoing Franchise Chief Executive Francis Karuhanga closing
Stanbic Posts Record Shs591 Billion Profit as Deposits and Lending Surge
Stanbic Uganda Holdings Limited has delivered a standout financial performance for the year ended December 2025, posting a profit after tax of Shs 591 billion in a result that underscores its growing dominance and strategic momentum in Uganda’s banking industry. The Group’s total revenue climbed to Shs1.44 trillion, powered by
Museveni Directs Fast-Tracking of Starlink Licensing in Uganda
Elon Musk’s satellite internet venture, Starlink, is edging closer to launching operations in Uganda, signalling a potential shift in the country’s internet landscape, Daily Star has learned. The development follows a recent meeting at State House between Yoweri Museveni and Starlink executives, after which the president reportedly directed authorities to
Oulanyah’s Father, Mzee Nathan Okori, Dies at Lacor Hospital
Mzee Nathan Okori, the father of the late Speaker of Parliament Jacob Oulanyah, has passed away at St. Mary’s Hospital Lacor, Daily Star has confirmed. Family sources said Okori was rushed to the hospital two days ago after developing respiratory complications. He died today while undergoing treatment. His passing comes
