Business

Latest business reporting and analysis for Uganda.

US tech CEO resigns after Coldplay concert embrace goes viral

US tech CEO resigns after Coldplay concert embrace goes viral

A US tech company says its chief executive has quit after he was apparently caught on a big screen at a Coldplay concert embracing a female co-worker, in a clip that went viral.Astronomer said in a statement: "Andy Byron...

Ultimate Uganda

Ultimate Uganda

Kampala Restaurant Week 2025 attracts over 10,000 diners

Kampala Restaurant Week 2025 attracts over 10,000 diners

Closing on a high, the 2025 edition of Kampala Restaurant Week drew over 10,000 diners to more than 30 participating restaurants across the city in a 10-day celebration of flavor, creativity, and culture.The city’s sig...

Ultimate Uganda

Ultimate Uganda

Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Fellow Ugandans, especially our coffee farmers and those aspiring to join the coffee industry,I feel compelled to share some truths and clarify the situation regarding coffee farming in Uganda and the dynamics of the glo...

Ultimate Uganda

Ultimate Uganda

Africa’s Richest Four Hold More Wealth Than Half the Continent

Africa’s Richest Four Hold More Wealth Than Half the Continent

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report�...

Ultimate Uganda

Ultimate Uganda

Court Orders Shoprite Uganda to Pay Shs 1.3bn in VAT Arrears

Court Orders Shoprite Uganda to Pay Shs 1.3bn in VAT Arrears

Shoprite Uganda was acquired by CarrefourKampala, Uganda | The Tax Appeals Tribunal (TAT) has ruled that Shoprite Checkers (U) Limited is liable to pay Shs 1,354,624,690 in Value Added Tax (VAT) to the Uganda Revenue Au...

Ultimate Uganda

Ultimate Uganda

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