Search Results

Now We Have AI, We Can Get Rid Of Insecure QR Codes For Good

Now We Have AI, We Can Get Rid Of Insecure QR Codes For Good

A quarter of US merchants are adding or planning to offer QR payments in the next three years with slightly higher proportion of UK merchants following the same trend. But the spread of QR codes in retail is not only about payments. More than 80% of retailers believe offering QR code scanning for pr

Ultimate Uganda

Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve

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

Trump’s tariff formula confounds the world, punishes the poor

Trump’s tariff formula confounds the world, punishes the poor

Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi

Ultimate Uganda

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

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 r

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

Ultimate Uganda

Umeme Official Leaks a Fresh Massive Scandal Among MPs & Umeme Management

Umeme Official Leaks a Fresh Massive Scandal Among MPs & Umeme Management

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

Ultimate Uganda

Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal

Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal

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

Ultimate Uganda

Museveni Only Has a Maximum of 10 Years to Live: NRM MPs Turn on M7 Call for Abolishment of Election

Museveni Only Has a Maximum of 10 Years to Live: NRM MPs Turn on M7 Call for Abolishment of Election

A group of National Resistance Movement (NRM) MPs, led by Buyaga West MP Barnabas Tinkasimire, has sparked nationwide debate after calling for the abolition of elections to allow President Yoweri Museveni to rule for life as he has a maximum of 10 years.

Ultimate Uganda