Search Results

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced

Ultimate Uganda

Dollar unfazed even as Fed cut comes back into view

Dollar unfazed even as Fed cut comes back into view

The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month.The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish co

Ultimate Uganda

I Am Blessed to Have the Perfect Man By My Side — Chosen Becky

I Am Blessed to Have the Perfect Man By My Side — Chosen Becky

Singer Chosen Becky is deeply in love and is proudly showing it. The “Bankuza” hitmaker, who is currently dating Abdul Sekajja, says she is enjoying the best phase of her romantic life and is grateful to have finally found the man of her dreams.Chosen Becky and Sekajja have

Ultimate Uganda

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a he

Ultimate Uganda

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards th

Ultimate Uganda

Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 20

Ultimate Uganda

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for S

Ultimate Uganda

NRM MP flag bearer elated after winning UGX 680 million from fixed games

NRM MP flag bearer elated after winning UGX 680 million from fixed games

In an astonishing turn of events, a woman Member of Parliament, flag bearer for the National Resistance Movement (NRM) in Northern Uganda, has seen her political fortunes transformed overnight.The aspiring MP, whose identity we are protecting for security reasons, has won a mass

Ultimate Uganda

Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only the start of his suffering. According to Bafana, nothing Lwasa is going through should come as a surprise.“

Ultimate Uganda

BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos

BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos

Just as Kampala is still buzzing over tycoon Hamis Kiggundu’s fierce showdown with the so-called “Nakivubo Channel demons”, his brother Haruna Ssentongo has been thrown back into the spotlight — this time over a controversial Shs 2.4 billion property deal that has refused to die since 201

Ultimate Uganda