Category: Business

Bemuga’s employee entered a Shs 1.7 bn deal without knowledge of directors

Bemuga’s employee entered a Shs 1.7 bn deal without knowledge of directors

Bemuga Forwarders has been given 14 days to defend itself in a case in which its former managing director, Ronald Kanyerezi, entered a Shs 1.7 billion deal with a global logistics firm without the knowledge of its shareholders.Justice Patricia Kahigi Asiimwe said the case raises serious is

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6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita

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Former Vision Group CEO Kabushenga says Bukedde TV started with Shs700m, reveals the stars behind its rise

Former Vision Group CEO Kabushenga says Bukedde TV started with Shs700m, reveals the stars behind its rise

Former Vision Group CEO Robert Kabushenga has shared how Bukedde TV grew from a small, bold idea into one of Uganda’s most popular television stations—starting with just about Shs700 million (roughly $185,000).In an interview with YouTuber Kasuku, Kabushenga said the station’s breakt

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OIL PALM PROJECT IN TROUBLE! Billions Idle, Land Unused, Factory Stalled — Has Masaba Outstayed Her Welcome?

OIL PALM PROJECT IN TROUBLE! Billions Idle, Land Unused, Factory Stalled — Has Masaba Outstayed Her Welcome?

The National Oil Palm Project (NOPP), once hailed as a transformative agro-industrial lifeline for Uganda’s rural farmers, is now sinking under the weight of delays, underperformance and questionable management, after the Auditor General’s December 2025 report exposed deep cracks in one of go

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UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu

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Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Tears, anger and desperation have engulfed the streets of Mbarara after a sweeping city council operation to restore “order” turned into a full-blown eviction storm, leaving thousands of street vendors, kiosk owners and small traders counting heavy losses and staring at an uncertain future.

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South Sudan Gold Dealer Malong In More Trouble Over Fraud, Money Laundering As Court Freezes His Bank Accounts, Multibillion Properties Caveated…

South Sudan Gold Dealer Malong In More Trouble Over Fraud, Money Laundering As Court Freezes His Bank Accounts, Multibillion Properties Caveated…

Justice Micheal Elubu of the Anti-Corruption Division of the High Court has issued a Court order freezing bank accounts opened in the names of General Trading Limited registered in Stanbic Bank, land titles and documents connected to controversial South Sudan gold dealer Henry Ochown alias Malong

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Rwandan national jailed over botched Shs725 million Stanbic Bank fraud

Rwandan national jailed over botched Shs725 million Stanbic Bank fraud

Elizabeth Mbabazi, a Rwandan National who has been Convicted testifying Against her co Accused at Buganda Road Court.Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrate’s Court has convicted a Rwandan national, Elizabeth Mbabazi, for her role in the attempted theft of 7

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Collin Hotel, Mukono Bookshop Tycoon Kasozi In Tears As Court Allows Auctioning Of His Multibillion Empire Over Shs778m Loan..

Collin Hotel, Mukono Bookshop Tycoon Kasozi In Tears As Court Allows Auctioning Of His Multibillion Empire Over Shs778m Loan..

Justice Joyce Kavuma of the Civil Division of the High Court has dismissed with costs the application filed by Mukono based businessman Augustine Kasozi the proprietor of the famous Collins Hotel and Mukono Bookshop seeking to stay the auctioning of his multibillion empire over Shs778m unpaid loa

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City tycoon Ruparelia loses millions of shillings in land dispute case

City tycoon Ruparelia loses millions of shillings in land dispute case

KAMPALA: The High Court in Kampala has awarded Shs81.4 million in compensation to Dr. Peter Musoke Gukiina in a long running land dispute involving businessman Sudhir Ruparelia and Speke Hotel 1996 Limited.In her judgment delivered on Wednesday morning, Justice Patience Basaza Wasswa ruled

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