What began as a claim over a USD 400,000 shareholder loan has evolved into a complex legal battle that cuts across project finance, shareholder rights, and cross-border dispute resolution.At its core, the case now pits Charles Odere, the subordinated lender seeking repayment, against a con
In December 2012, businessman Arvind Patel sued Zzimwe Enterprises and its directors, Paul Kasagga and Josephine Kasagga, demanding Shs 612 million.Paul and Josephine are the children of prominent businessman Andrew Kasagga, the founder of Zzimwe Enterprises, who died in 2010.Patel
Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking a significant step in strengthening the central bank’s leadership as it navigates an increasingly complex economic en
The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi.The Government has released Shs17.444 trillion for the fourth quarter of the Financial Year 2025/26, bringing the total cumulative release to Shs77.001 trillion, according to the Permanent Secretary and Secretary to the
The courtroom settled into a tense quiet last week as Molly Katanga returned to the dock, her presence now familiar but no less scrutinised.Flanked by prison officers, she took her place for what would become one of the most probing sessions of the trial so far: cross-examination. This tim
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
As Uganda approaches the swearing of the presidency, new parliament and the subsequent formation of a new cabinet, an important national conversation is beginning to take shape; what kind of leadership does the country need for the next phase of its development?This is not merely a politic
Activists show support to raising PAYE threshold but call for even a higher level of UGX 600,000.Kampala, Uganda | URN | The business community, economists and civil society have hailed Government on the proposed tax measures for 2026/2027, but say some are detrimental.According to
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
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
