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    Tag: Uganda Development Bank (UDB)

    Gold worth UGX.11 Trillion Exported Illegally from Uganda – Auditor General

    Uncategorized
    In a report presented to Parliament in January 2025, the Auditor General of Uganda, Edward Akol, revealed that the country loses approximately UGX 11 trillion annually due to illegal gold exports. The auditor general’s report further uncovered...

    Exposing the Shadow Economy: How Leaders Hide Their Stolen Billions

    Uncategorized
    A lesson was learnt in the year 1998 when then-former first lady of Nigeria, Mariam Abacha, was arrested with 38 suitcases stuffed with 100-dollar bills at Nigerian Airport trying to take it out of the country...
    National News

    President Museveni to Bailout Ndere Cultural Center

    The Minister for ICT and National Guidance, Chris Baryomunsi has revealed plans by President Museveni to secure the revival of Ndere cultural center, that is shrinking in debt.
    Business

    UDB Issues Ugx 150Bn Grant to Boost Development

    Uganda Development Bank (UDB) in partnership with local contractors has issued a grant of Ugx 150Bn to boost infrastructural...
    National News

    SECURITY, WEALTH CREATION TOP ON GOVERNMENT’S PRIORITIES FOR THE...

    The government has released a list of priorities that it will vigorously implement in the next financial year, 2023-2024. While...

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    How Ex-Kenyan President Kenyatta was Once Crowned The King of Bunyoro Kingdom

    Lifestyle 0
    Former Kenyan President Jomo Kamau Kenyatta is believed to...

    UNEB Begins Marking PLE, UCE Exams, First Results Expected in January 2024

    National News 0
    Uganda National Examinations Board (UNEB) has commenced with the...

    TRICKS USED BY MOBILE MONEY FRAUDSTERS IN UGANDA

    Crime 0
    Mobile Money fraud is a growing vice in Uganda...

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