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Keith Kalyegira appointed Absa Bank's board chairperson

Keith Kalyegira appointed Absa Bank's board chairperson

Absa Uganda has appointed  Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva

Ultimate Uganda

Your Money Needs Discipline, Not Just Dreams

Your Money Needs Discipline, Not Just Dreams

There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor

Ultimate Uganda

The likely future of UEDCL

The likely future of UEDCL

FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th

Ultimate Uganda

UMEME to Hand Over Power Distribution to UEDCL on Fools’ Day!

UMEME to Hand Over Power Distribution to UEDCL on Fools’ Day!

Kampala, Uganda:Uganda’s electricity distribution sector is set for a major transition as Umeme Limited officially hands over operations to the Uganda Electricity Distribution Company Limited (UEDCL) on April 1, 2025, which will coinside with fools’ day. Thi

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The Village Boy Who Rose to Guard Uganda's Money: Meet Michael Atingi-Ego and Why M7 Appointed Him

The Village Boy Who Rose to Guard Uganda's Money: Meet Michael Atingi-Ego and Why M7 Appointed Him

President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h

Ultimate Uganda

'National ID Will Be Required for All Services' - Museveni's Govt Announces

'National ID Will Be Required for All Services' - Museveni's Govt Announces

The Ministry of Internal Affairs has announced that soon, Ugandans will be required to present their National Identification Numbers (NIN) to access all services, both public and private.This policy shift, which i

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KCCA Leadership Takes Action To Address Flooding Hotspots In Kyambogo And Kinawataka

KCCA Leadership Takes Action To Address Flooding Hotspots In Kyambogo And Kinawataka

The Executive Director of the Kampala Capital City Authority (KCCA), Sharifah Buzeki, together with her deputy, Benon Kigenyi, spent the yesterday afternoon surveying key flooding hotspots in the Kyambogo and Kinawataka areas.

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Brighton 0-0 Nottingham Forest (3-4 on pens): Forest book FA Cup semi-final date after penalty shoot-out win

Brighton 0-0 Nottingham Forest (3-4 on pens): Forest book FA Cup semi-final date after penalty shoot-out win

Matz Sels was the Nottingham Forest hero as he saved two penalties in the shoot-out to beat Brighton and reach the FA Cup semi-finals.After 120 minutes of stalemate at the Amex, where the jeopardy of knockout football took over, Sels proved decisive as he saved from Jack H

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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

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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Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills

Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills

KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.

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