Search Results

Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

Ultimate Uganda

Ex-ULS president withdraws dismissal application in Shs4.1b theft case

Ex-ULS president withdraws dismissal application in Shs4.1b theft case

A senior lawyer and former Uganda Law Society (ULS) president accused of stealing over Shs4.1 billion meant for war loss compensation to Busoga Growers Cooperatives has withdrawn his applications that had sought to dismiss the charges against him. Mr John Matovu 62, of M/S Matovu & Matov

Ultimate Uganda

Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

Ultimate Uganda

Stolen IGP car among 5 vehicles recovered in Kenya

Stolen IGP car among 5 vehicles recovered in Kenya

Police in Busia District have recovered five vehicles believed to have been stolen from Uganda’s capital Kampala, through a crackdown aimed at curbing car thefts as an emerging cross-border crime. A brand-new double cabin pickup truck belonging to the Ugandan Inspector General of Pol

Ultimate Uganda

Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Medicare Advantage Costs Soar in 2025 with Big Changes Ahead

Seniors across the nation are bracing for significant changes to their Medicare Advantage costs in 2025 as major updates are on the horizon for prescription plans. New Cost Caps and Premium Increases Medicare Advantage and Part D plans are in for a transformation that could have both positive an

Ultimate Uganda

Another step forward, says Arsenal's Arteta after draw at Man City

Another step forward, says Arsenal's Arteta after draw at Man City

Arsenal took another step forward despite conceding a 98th-minute equaliser in a full-blooded 2-2 draw away to champions Manchester City in the Premier League on Sunday, according to manager Mikel Arteta. The London club played the entire second half with 10 men after Leandro Trossard wa

Ultimate Uganda

Another step forward, says Arsenal's Arteta after draw at Man City

Another step forward, says Arsenal's Arteta after draw at Man City

Arsenal took another step forward despite conceding a 98th-minute equaliser in a full-blooded 2-2 draw away to champions Manchester City in the Premier League on Sunday, according to manager Mikel Arteta. The London club played the entire second half with 10 men after Leandro Trossard wa

Ultimate Uganda

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil

Ultimate Uganda

Defying norms: Nakasongola women take to the waters

Defying norms: Nakasongola women take to the waters

It is a cloudy day over Lake Kyoga. At midday, four women, oars slung over their shoulders, slowly walk through Zengebe Mayinja Landing Site, making their way to the lakeshore. The landing site is one of the six found in Lwampanga Town Council in Nakasongola District.  The women are all

Ultimate Uganda

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

Ultimate Uganda