President Yoweri Museveni of Uganda, one of Africa's longest-serving leaders, has amassed significant wealth over his decades in power.His wealth is reflected in his luxurious properties, extensive business ventures, and substantial investments.Museveni's most notable property is hi
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
The Uganda Peoples Defence Forces (UPDF) recently concluded a post-mission ideological course for Battle Group 40 (BG 40) and United Nations Guard Unit X (UNGU X) at the International Peace Support Operations Training Centre (IPSO-CT) in Singo.
In Uganda’s politics, the journey from honor to hardship can be as swift as the blink of an eye. One day, a Member of Parliament enjoys the title of “Honorable,” the next, they are struggling to afford medical care.
Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers.The Infinite Card, a globally recognized ultra-premium debit or credit card,
Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under this new initiative, anybody connected to Airtel will be in position to initiate the whole process of obtaining a new m
Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl
Company directors and secretaries have been called upon to rethink governance in an AI-driven world and explore ways to foster more objective, transparent, and effective decision-making processes.This call was made during the 14th Annual Directors and Company Secretaries Conference, held u
In 2023, the Kenyan government had already directed TikTok to enhance content moderation and establish a local office to oversee its operationsThe Communications Authority of Kenya (CA) has ordered TikTok to immediately remove all sexual content involving minors
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP) which to date has produced over 3,222 young
