Search Results

Don Nasser further remanded as case is still under investigation

Don Nasser further remanded as case is still under investigation

Kampala City businessman and socialite Nasser Nduhukire, also known as Don Nasser, has been further remanded to Luzira Prison until October 23. Nduhukire appeared on Tuesday morning before the presiding Chief magistrate at Buganda Road Court, Mr Ronald Kayiizi for his case in which he fa

Ultimate Uganda

50% of agribusiness loan requests rejected - BoU

50% of agribusiness loan requests rejected - BoU

Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the

Ultimate Uganda

After Haiti suffers fresh gang massacre, what's behind the escalating violence?

After Haiti suffers fresh gang massacre, what's behind the escalating violence?

A gruesome hours-long gang attack in Haiti a couple of days ago left dozens dead, torching homes and cars, while forcing thousands more to run for their lives, in the latest blow to a country that has suffered extreme violence for years. The early morning attack on Thursday in the centra

Ultimate Uganda

From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

Ultimate Uganda

Tunisia elections: President Saied towards landslide win

Tunisia elections: President Saied towards landslide win

Supporters of current Tunisian President Kais Saied began celebrations in the capital on Sunday night after an exit poll broadcast on state television showed him winning, beating two rivals, one of whom is now in prison Saied on Sunday faced two election rivals: his former ally turned cr

Ultimate Uganda

Israel bombs Lebanon, Gaza ahead of one-year anniversary of October 7 Hamas attacks

Israel bombs Lebanon, Gaza ahead of one-year anniversary of October 7 Hamas attacks

Israel bombed targets in Lebanon and the Gaza Strip on Sunday ahead of the one-year anniversary of the Oct. 7 attacks that sparked its war, as Israel's defence minister declared all options were open for retaliation against arch-enemy Iran. Hezbollah rockets launched late on Sunday got p

Ultimate Uganda

NUP, Lukwago to fight over the Lord Mayor’s seat

NUP, Lukwago to fight over the Lord Mayor’s seat

Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him.  “The path they have taken is a dangerous one. If they want to fight me, they should know they can’t win that

Ultimate Uganda

How Karuma closure disrupts supply chain

How Karuma closure disrupts supply chain

At about 5.45am, Lawrence Waka drives his delivery van—a Probox—from Kamdini Town centre to Atura Landing Site. It is at this former ferry docking site, located 12km away from Kamdini, where Waka picks newspaper copies and courier packages for circulation. Since being assigned th

Ultimate Uganda

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim

Ultimate Uganda

Some EFC, Mercantile depositors yet to pick their money, says DPF 

Some EFC, Mercantile depositors yet to pick their money, says DPF 

The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m.   Speaking during the Makere

Ultimate Uganda