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05 Apr '25
Jennifer Lawrence18 / 20Paramount Pictures/Warner Bros Pictures/Kobal/ShutterstockTaraji P. Henson earned a Best Supporting Actress Oscar nomination for 2008’s The Curious Case of Benjamin Button, but years later she was still fired up by the $150,000 she accepted to be in the movie—
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04 Apr '25
After a prolonged legal battle, musician Bruno K has emerged victorious in his case against Black Market Records.The High Court has ruled in his favor, ordering the record label to compensate him with UGX 130 million for copyright infringement and wrongful withholding of his royalties.
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04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
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31 Mar '25
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
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30 Mar '25
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
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30 Mar '25
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
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28 Mar '25
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
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12 Mar '25
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
Business •
12 Mar '25
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
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11 Mar '25
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