Bank

The government has allocated Shs12 billion in FY2023/24 to support parish chiefs as they supervise the Parish Development Model (PDM) activities in their respective...

Energy minister Ruth Nankabirwa has confirmed that the China Export-Import Bank, and “several other Chinese banks” will finance the $3b (Shs11.2 trillion) debt required...

Energy minister Ruth Nankabirwa joined other officials from the energy sector in the East Africa to call for continued exploration and production of oil...

DTB IN TROUBLE: HAM APPLIES FOR JUDGEMENT ON BANK'S ILLEGALITIES IN SUPREME COURT. “Based on the fact that non tolerance of illegalities in all courts of law is the baseline of all legal structures and Judicial proceedings internationally, this case is a weighing scale on the independence of the Ugandan Judiciary.” Can Kiryowa Kiwanuka’s political influence as current attorney general and Mr. Karugire’s Marital status Save Diamond Trust Bank from the illegalities committed and admitted on Court records or this case is a beam of hope to all Ugandans as a solution to this cancer of the exploitative foreign banks that unlawfully debit monies from Ugandans’ accounts? Is Kiryowa Kiwanuka being the attorney general and at the same time a partner in K & K advocates amounting to conflict of interest and frustrating and compromising the independence of the Judiciary?

Uganda registered a 45 percent growth in high net worth individuals during the period ended December 2022, according to the Africa Wealth Report 2023.  The...