The High Court has scheduled December 22 for delivery of its judgment in an election petition filed by Busiro East parliamentary aspirant Mathias Walukaga, who is contesting his disqualification by the Electoral Commission (EC) over academic qualification requirements.Justice Simon Peter K
Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging wit
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv
Coup Underway in Benin Republic As Military Overthrows Talon’s GovernmentMilitary officers in Benin Republic have taken control of the federal government.A group of soldiers led by Lieutenant Colonel Pascal Tigri, announced the dissolution of the government during a broadcast on B
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee
The Uganda Communications Commission (UCC) has issued a serious warning to anyone using Virtual Private Networks (VPNs) to access Facebook, emphasizing that hiding behind a VPN does not protect users from the law. Speaking at a joint press conference for key stakeholders managing the 2026 general
Stanbic Bank Uganda, in partnership with the Uganda Communications Commission (UCC), ONGEA Africa and the Uganda Digital Society, has launched the Stanbic Ongea Digital Creators Summit, a major initiative aimed at empowering young creators with digital skills, business training, financial literac
Kampala: Kuku Foods Uganda Ltd, the operator of KFC, has issued a sharp protest to the Uganda Revenue Authority (URA) after armed officials raided its Kampala offices on Nov. 19.2025, Chimp Corps report. URA officials say the inquiries relate to discrepancies in declared income over the pe
Norma Susan Otai, the Forum for Democratic Change (FDC) aspirant for the Bukedea Woman MP seat, has taken legal action against the Electoral Commission (EC) and the Speaker of Parliament, Annet Anita Among. Otai’s lawsuit, filed in response to what she describes as the EC’s failure
Lwemiyaga County MP Theodore Ssekikubo has escalated his challenge against the nomination of his rival, Brig. Gen. Emmanuel Rwashande, accusing Electoral Commission (EC) officials in Ssembabule District of clearing the National Resistance Movement (NRM) flag bearer using “forged, fraudulent and
