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
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.
President Yoweri Museveni once said that Uganda would not suffer if the United States cut its financial aid.“Let them keep their aid! Uganda will not suffer because of their money,” he declared boldly.
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
The Uganda People's Defense Force (UPDF) has formally requested an additional Shs 39.1 billion to support its recently launched peacekeeping operation in South Sudan.The request, presented to the Parliamentary Com
Uganda is one of the top 26 countries that face significant risks due to the reductions in U.S. foreign aid, particularly impacting health sector financing.According to an analysis from the Washington, D.C.-based
Several Ugandan ministers have amassed significant wealth, allowing them to own multi-million dollar homes abroad. These luxurious properties reflect their status and success, often sparking public interest and scrutiny.One notable example is Captain George Mike Mukula, the National Resist
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
General Caleb Akandwanaho, widely known as Salim Saleh, is a prominent figure in Uganda's political and economic landscape.As the younger brother of President Yoweri Museveni, Saleh has wielded significant influence in shaping the country's economic policies and development strategies.
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
