Business •
03 Mar '25
The late Hajji Bulaimu Muwanga Kibirige (BMK) was a businessman in Uganda. He built a strong business empire, including Hotel Africana, which expanded to different parts of Africa. Since his passing, his businesses are facing financial difficulties, with debts t
Business •
17 Feb '25
Talks to license Starlink in South Africa have reportedly stalled over tensions with the Donald Trump administration in the US.Presidential spokesman Vincent NgwenyaTalks over licensing SpaceX’s Starlink service in South A
Business •
17 Feb '25
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
Business •
17 Feb '25
It appears that all may not be well in the marriage of Nollywood actress Regina Daniels
Business •
17 Feb '25
This is yet another story about the
Business •
13 Feb '25
Photo of Uganda shillings ( Photo For Illustration only)Uganda has faced numerous corruption scandals over the years, leading to significant financial losses and public outcry. Here are some of the most notable ca
Business •
13 Feb '25
In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
Business •
13 Feb '25
KAMPALA – In May last year, Uganda netizens were shocked after it emerged that the President had written to the Speaker, seeking an explanation over claims that she owns property in the UK.Museveni’s letter ca
Business •
13 Feb '25
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
Business •
06 Feb '25
Members of the Western Ankole Civil Society Forum took matters into their own hands by arresting Bushenyi District Engineer, Barnabas Kiiza Mbonimpa, on allegations of embezzling 339 million Ugandan shillings earmarked for constructing a playground at Kabushaho