President Museveni has directed Prime Minister Robinah Nabbanja to spearhead a government-led intervention to rescue the ailing business empire of the late tycoon Apollo Nyegamehe, widely known as Aponye, whose death in 2023 left his companies facing severe financial distress.In a letter d
The Uganda Electricity Distribution Company Limited (UEDCL) has announced a planned power outage across parts of Central Uganda on Saturday, July 5, 2025, to allow for critical maintenance and upgrade works by the Uganda Electricity Transmission Company Limited (UETCL).The blackout will la
Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing
In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now
The Aponye Group, once one of Uganda’s most formidable agro-processing and manufacturing empires, has collapsed just two years after the death of its founder, Apollo Nyegamehe. The group’s properties are now being auctioned off to recover debts, signaling th
Jordan Ssebuliba, about 50 years old, is an estranged son who has severally dragged his father, city businessman Mohan Musisi Kiwanuka to courts of law over the years.He has also been bonded severally in many police stations in cases that are not related
The Court of Appeal has stripped city tycoon Mohan Musisi Kiwanuka of his managerial powers over a vast business empire, citing mental illness as the overriding factor behind its latest decision.The ruling, delivered this week, marked a turning point in a years-long legal and familial batt
In a heartwarming display of community spirit, Salam TV, Infotrust, and Chapa General Enterprise have come together to celebrate Eid with their loyal viewers and customers. As part of their "Ettu Lya Eid" initiative, the partners gifted packages to loyal viewers who correctly answered questions a
Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev
A delegation of African-American development partners from the Afreeka Exodus Foundation has expressed commitment to contributing to Uganda’s economic development.Led by Dr. Larry Wells, Sydney Nicholas, and Markeeta Starr, the team met with Ambassador Abbey Walusimbi, Senior Presidentia
