Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme replaced obs
A major controversy has erupted after revelations that Parliament initially approved USD 190 million for the Umeme buyout, despite the actual cost being USD 127 million.The shocking disclosure was made by Jonan Ki
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Kizza Besigye, a prominent Ugandan politician, physician, and former military officer, has amassed a notable amount of wealth over the years. His net worth is estimated to be between $100,000 and $1 million.Besigye's journey to wealth began with his education at Makerere University, where
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
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
BBC | US Commerce Secretary Howard Lutnick has said President Donald Trump will "probably" announce a deal to reduce tariffs on Canada and Mexico on Wednesday."Both the Canadians and Mexicans were on the phone with me all day today trying to show that they'll do better" on
Bebe Cool has issued a legal warning to Comedy Store Uganda proprietor Alex Muhangi over the unauthorized use of his performances for commercial gain.Through his lawyer, Timothy Sentongo of RSK Associates, Bebe Cool has expressed his intention to sue Muhangi for allegedly broadcasting and
The thousands of people who work for the U.S. government’s main agency for humanitarian aid and disaster relief have been on the front lines of efforts to fight famine, contain virulent infectious diseases like H.I.V. and Ebola, and rebuild infrastructure in i
