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Musk turns on Republicans - and gives Trump's big bill a harder path

Musk turns on Republicans - and gives Trump's big bill a harder path

For 130 days, tech billionaire Elon Musk was a "special government employee" working inside the Trump administration to slash what he said were wasteful government programmes and bloated departments.Now, after his exit last week, he is back on the outside. And it is the Tr

Ultimate Uganda

Tororo Councillors Storm District Offices Over Shs596m Property Tax

Tororo Councillors Storm District Offices Over Shs596m Property Tax

A delegation of angry councillors from Kayoro Sub-county in Tororo District on Monday stormed the district local government offices, demanding urgent action over what they described as persistent tax evasion by major private firms operating in their area.Led by Andrew Opio, the secretary f

Ultimate Uganda

China tells Trump: If you want trade talks, cancel tariffs

China tells Trump: If you want trade talks, cancel tariffs

China has called on the US to cancel its sweeping tariffs on Chinese goods entering the country as a sign that the President Donald Trump is serious about resolving the trade war between the two countries.A Chinese official said there had been no trade talks with the US, despite suggestion

Ultimate Uganda

Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

Ultimate Uganda

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi

Ultimate Uganda

Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded

Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded

During a recent Cabinet meeting, a team from NSSF came to present details about the Bwebajja government administrative offices campus which is meant to house offices for all government of Uganda MDAs.The idea is get all the MDAs in one place to increase efficiency while saving on the billions th

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Asan Kasingye Warns Against Abuse of Power After Museveni Banned Police Bond

Asan Kasingye Warns Against Abuse of Power After Museveni Banned Police Bond

Former Assistant Inspector General of Police Asan Kasingye has raised concerns over the potential misuse of President Museveni's directive banning police bonds.In a detailed statement on X, Kasingye warned that so

Ultimate Uganda

Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an

Ultimate Uganda

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million

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‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

Ultimate Uganda