Search Results

Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debt

Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debt

Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debtNew Delhi/Islamabad, April 4 Facing mounting pressure, Pakistan has agreed to fully repay approximately “USD 3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of A

Ultimate Uganda

UBC seeks Shs 32 billion to broadcast AFCON 2027

UBC seeks Shs 32 billion to broadcast AFCON 2027

The request was presented to Parliament’s ICT Committee by the Ministry of ICT and National Guidance during the FY 2026/27 ministerial policy statement meeting on Thursday.Uganda Broadcasting Corporation (UBC) is seeking Shs 32 billion to cover the costs of broadcasting the upcoming Afri

Ultimate Uganda

Coca-Cola drags distributor to court, wins Shs 412 million

Coca-Cola drags distributor to court, wins Shs 412 million

Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract.Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Ma

Ultimate Uganda

Court Orders MP To Pay Nearly UGX 5 Billion in Loan Default Case

Court Orders MP To Pay Nearly UGX 5 Billion in Loan Default Case

The Commercial Division of the High Court has ordered Jie County MP, Lokii Peter Abrahams, to pay businessman and money lender Amit Jain nearly 5 billion Shillings for failure to repay a loan taken in 2012.Justice Steven Mubiru ruled that Lokii defaulted on a 265 million Shillings loan, wh

Ultimate Uganda

Molly Katanga reveals husband’s final dark battles

Molly Katanga reveals husband’s final dark battles

Molly Katanga (C) in courtFor the first time since her husband’s death nearly two years ago, Molly Katanga stood in a courtroom and told her side of the story.Appearing in person before the High court last Thursday, after months of following proceedings via video link from Luzira

Ultimate Uganda

Uganda’s impeding debt crisis

Uganda’s impeding debt crisis

In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit

Ultimate Uganda

KCCA Launches This Year's Kampala City Festival

KCCA Launches This Year's Kampala City Festival

Kampala Capital City Authority (KCCA) has officially launched preparations for the 2026 Kampala City Festival, scheduled to take place on October 4, 2026, across major streets in Kampala.The announcement was made during an appreciation event held at KCCA headquarters, where partners who su

Ultimate Uganda

Molly Says Aponye Debt Stress Drove Henry Katanga to Breaking Point

Molly Says Aponye Debt Stress Drove Henry Katanga to Breaking Point

In her gripping testimony as the defence started their case in the Katanga murder trial, Molly said her husband was troubled by millions of shillings tied up in informal deals with Nyegamehe, who was popularly known as Aponye, a close associate who died in a road accident.The late business

Ultimate Uganda

Govt Freezes New Road Projects as Budget Shortfall Forces Shift to Clearing Arrears

Govt Freezes New Road Projects as Budget Shortfall Forces Shift to Clearing Arrears

Government has halted new road construction projects for the 2026/27 financial year and will instead prioritise completing ongoing works and clearing nearly Shs948 billion in outstanding arrears amid severe budget constraints.The government has announced a halt on all new road construction

Ultimate Uganda

Staff Shortages, Crumbling Infrastructure And Frozen Funds: The Crisis Quietly Threatening Busitema University’s Future

Staff Shortages, Crumbling Infrastructure And Frozen Funds: The Crisis Quietly Threatening Busitema University’s Future

Busitema University has been quietly expanding its reach across eastern Uganda, establishing campuses in Namasagali, Pallisa, Mbale, and Arapai, and steadily increasing student enrolment year after year. On paper, the growth story looks impressive.But behind the numbers, a more uncomfortab

Ultimate Uganda