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Voters blast MP Aza for ‘abandoning’ Moyo while building multi-billion projects in Arua

Voters blast MP Aza for ‘abandoning’ Moyo while building multi-billion projects in Arua

AZA Plaza, a multi-billion four-storey commercial complex owned by West Moyo MP, Hon Alero Tom Aza in Arua CityAdjumani, Uganda: A section of voters in West Moyo County have accused their MP, Hon. Tom Aza, of self-greed and betrayal, allegin

Ultimate Uganda

Bitcoin firm Twenty One Capital drops 20% on first day of trading

Bitcoin firm Twenty One Capital drops 20% on first day of trading

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

Ultimate Uganda

Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during

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Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only the start of his suffering. According to Bafana, nothing Lwasa is going through should come as a surprise.“The trouble he is faci

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I Asked ChatGPT What the Worst Things You Can Do With Your Money Are — Here’s What It Said

I Asked ChatGPT What the Worst Things You Can Do With Your Money Are — Here’s What It Said

ChatGPT, the popular artificial intelligence (AI) bot, sometimes takes criticism for providing erroneous calculations or generic information. But when it comes to outlining the worst things you can do with your money, the AI is spot-on.I asked ChatGPT this very question to see what advice

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Why Arkansas Real Estate Investment Is the Smart Play for the Next Decade.

Why Arkansas Real Estate Investment Is the Smart Play for the Next Decade.

you are looking for a real estate market that combines affordability, stability, and growth potential – look no further than Arkansas.Over the next 10 years, the Natural State is positioned to become one of the most rewarding markets in the country.With low purchase prices, strong

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Road to Uganda’s first oil: Kingfisher likely to be starting point

Road to Uganda’s first oil: Kingfisher likely to be starting point

For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made in western

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Why Uganda’s oil refinery remains behind schedule

Why Uganda’s oil refinery remains behind schedule

An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in

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Uganda Secures Financing for Standard Gauge Railway Project

Uganda Secures Financing for Standard Gauge Railway Project

Uganda’s Standard Gauge Railway (SGR) project has officially moved into the implementation stage, underpinned by a robust financing structure designed to ensure timely completion.Perez Wambulu, National Coordinator for the SGR project, confirms that the government has set aside 75 millio

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Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings

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