New budget Samsung phone gets upgrade even the Galaxy S26 can't match
Samsung Galaxy A27 (Image: SAMSUNG)If your budget won't stretch to a Galaxy S26, don't pa
Category: Business
Stabex Petrol Station Compensates Journalist UGX 4 Million Over Wrong Fuel Incident
According to information available, the incident occurred when the attendant erroneously dispensed diesel into Mugumya’s petrol-powered Subaru Forester.
Ultimate Uganda
Tropical Bank pushes former minister Banyenzaki into tight corner over Shs 600m loan
The High Court has dismissed an application filed by Henry Banyenzaki, a former minister and MP, over a disagreement he has with Tropical Bank regarding a loan facility he took in 2013.Justice Patience Rubagumya said the legal procedure (of originating summons) that Banyenzaki was using to
Ultimate Uganda
Uganda Gold Scam Turns Deadly as British-Zimbabwean Buyer Is Killed
Gold scams in Uganda are becoming increasingly violent, with criminals now using firearms, abductions and killings instead of relying only on fake documents to defraud buyers.The latest case involves Jama Munyaradzi, a British-Zimbabwean national who was allegedly robbed of $600 and killed
Ultimate Uganda
How Vivo Energy’s purchase of KFC Uganda triggered a Shs 4.2 billion tax dispute with URA
Vivo Energy's acquisition of a 50% stake in KFC Uganda triggered a tax dispute with URAThe Tax Appeals Tribunal (TAT) has cancelled a Shs 4.24 billion tax assessment imposed on Kuku Foods Uganda, the company behind the KFC franchise in Uganda, following changes in the fast-food firm’s ow
Ultimate Uganda
Banks Approved Loans Worth UGX2.03Tn In April Out Of The Requested UGX4.074Tn-Report
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
Ultimate Uganda
STANBIC BANK’S TAX NIGHTMARE: URA Walks Away with UGX 11 Trillion Business Over Unpaid Taxes
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
Ultimate Uganda
UWA Arrests Three Over Suspected Poisoning of Seven Hyenas in Mburo Park
The Uganda Wildlife Authority has arrested three suspects in Kiruhura District over the alleged poisoning of seven hyenas in Lake Mburo National Park, with investigations ongoing into a case that has raised alarm among conservationists over rising wildlife crime and its impact on protected ecosys
Ultimate Uganda
Customs Enforcement at Entebbe Airport Foils Smuggling of 448 Mobile Phones Worth $76,704
URA enforcement team at Entebbe International Airport have intercepted 448 mobile phones worth over US$76,704 in a string of operations targeting illicit trade.According to the Assistant Commissioner for Public and Corporate Affairs Robert Kalumba, the seizures underscore a growing trend o
Ultimate Uganda
UEDCL Purge: Vindictive House-Cleaning or Necessary Reform? Taxpayers Face Costly Legal Reckoning
KAMPALA — In a move that has sent shockwaves through Uganda’s power sector, the interim leadership at the Uganda Electricity Distribution Company Limited (UEDCL) has terminated the contracts of seven senior managers, barely weeks after assuming office.The decision, executed on Monday,