Search Results

Shs60bn BoU Heist: Nine Finance Ministry officials committed to high court for trial

Shs60bn BoU Heist: Nine Finance Ministry officials committed to high court for trial

Nine Finance Ministry officials have been committed to the High Court after the DPP sanctioned fresh charges in the alleged Shs60bn public funds loss case.Nine Finance Ministry officers were committed to the High Court over the alleged Shs60bn loss.Kampala, Uganda: The Director of P

Ultimate Uganda

KARUMA CASH CRISIS! UEGCL Profits Drop, Debt Soars to 81.6% as Power Plants Rot —Who is Sleeping on the Job?

KARUMA CASH CRISIS! UEGCL Profits Drop, Debt Soars to 81.6% as Power Plants Rot —Who is Sleeping on the Job?

Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera

Ultimate Uganda

Night Raid Ends Motorcycle Crime Spree in Wakiso

Night Raid Ends Motorcycle Crime Spree in Wakiso

Police in Wakiso have scored a major win against motorcycle crime after arresting three suspects linked to a series of violent robberies. The operation, carried out by the Uganda Police Force, followed weeks of intelligence gathering targeting gangs terrorizing riders and residents in Wakiso and

Ultimate Uganda

Secretary to Museveni’s office admits unknown security forces took over Ssembabule elections.

Secretary to Museveni’s office admits unknown security forces took over Ssembabule elections.

The Permanent Secretary in the Office of the President, Yunus Kakande.The Permanent Secretary in the Office of the President, Yunus Kakande, has admitted that unidentified security operatives took control of the electoral process in Ssembabule during the January general elections after bot

Ultimate Uganda

TV10 Executive Fined Shs4 Million, Equipment Forfeited Over Illegal Broadcasting

TV10 Executive Fined Shs4 Million, Equipment Forfeited Over Illegal Broadcasting

KAMPALA, Uganda — The Chief of Strategy at TV10 Gano Mazima, Dean Lubowa Ssaava, has been fined Shs4 million and ordered to forfeit all broadcasting equipment after pleading guilty to operating without a licence issued by the Uganda Communications Commission (UCC).The case highlights the

Ultimate Uganda

South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

Ultimate Uganda

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at leading universities in Uganda.The scholarships are being offered under the Airtel Africa Foundation Tech Fellowship, a ne

Ultimate Uganda

Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun

Ultimate Uganda

Equity Bank seminar empowers Kampala salon owners

Equity Bank seminar empowers Kampala salon owners

Salon Owners at the Equity Bank Salon Owners Seminar at Pope Paul Memorial Centre LubagaKAMPALA, Uganda — Two years ago, Jessica Muteteri’s salon was failing. Rent was overdue, utility bills were mounting and staff wages felt like a chokehold on her enterprise.The struggle chang

Ultimate Uganda

Golfer Berna Musanabera Wins First-Ever Hole-in-One Car Prize in Stanbic Match Play History

Golfer Berna Musanabera Wins First-Ever Hole-in-One Car Prize in Stanbic Match Play History

Golfer Berna Musanabera recieving car keys from the CFAO represenative and AfriSafe's Andrew Baguma together with Entebbe Golf Club Captain.ENTEBBE —It was a momentous occasion marked by buzz and excitement on the greens as the 2026 Stanbic Match Play Challenge qualifiers teed off at Ent

Ultimate Uganda