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Surveyor ordered to pay Centenary Bank Shs 520m for ‘over-valuing’ land offered as security

Surveyor ordered to pay Centenary Bank Shs 520m for ‘over-valuing’ land offered as security

Katuramu & Company, a surveying firm, has been ordered to pay Centenary Bank Shs 521 million for misleading the bank into extending a loan to a client without conducting proper due diligence on the land offered as security.The case started in December 2021 when Hasifa Namulondo applied

Ultimate Uganda

M7’s Son-In-Law Claims Stake in Thriving Spiro Boda Boda Business

M7’s Son-In-Law Claims Stake in Thriving Spiro Boda Boda Business

When rows of young Ugandans report for work on the assembly line of electric boda boda motorcycles, Presdeitn Yoweri Museveni’s son-in-law Odrek Rwabwogo says he sees more than machines and tools. He sees a future where Uganda builds more of what it uses.Odrek Rwabwogo, the husband of Pa

Ultimate Uganda

Gov’t hands over Shs3.8Bn roads in Nakaseke

Gov’t hands over Shs3.8Bn roads in Nakaseke

Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas

Ultimate Uganda

Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt

Ultimate Uganda

Makerere Researchers Develop New Soybean Variety Approved for Release

Makerere Researchers Develop New Soybean Variety Approved for Release

Makerere University College of Agricultural and Environmental Sciences (CAES) has announced that the National Variety Release Committee has officially approved a new soybean variety developed by the university’s Centre for Soybean Improvement and Development.The newly approved variety, n

Ultimate Uganda

Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

Shs161bn Solar Water Project Sinks in Chaos at Water Ministry, UK Export Finance Furious

It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p

Ultimate Uganda

When climate risk becomes a budget risk

When climate risk becomes a budget risk

Despite legal buffer requirements of 100 metres from rivers and 200 metres from lakes,wetlands are increasingly encroached upon by settlements, farming, sand mining, and industrial activity, largely because oversight and enforcement remain underfunded.Here is why climate change is no longe

Ultimate Uganda

NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes

NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes

The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str

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Government earmarks UGX 2.2 trillion for five-year local government plan

Government earmarks UGX 2.2 trillion for five-year local government plan

KAMPALA, Uganda — The government has unveiled an ambitious five-year strategic plan for the Ministry of Local Government, earmarking 2.2 trillion shillings to bolster decentralization and drive more citizens into the formal economy.The plan, which runs from the 2025-26 through the 2029-3

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Ugandan Leaders Rally for Unity, Peace Ahead of January 15 Elections

Ugandan Leaders Rally for Unity, Peace Ahead of January 15 Elections

His Royal Highness (HRH) "Won Ateker" Papa Kumam Raphael Otaya addressing his people.Political and cultural leaders from northern Uganda have urged citizens to maintain peace, reject ethnic division, and safeguard national unity ahead of the January 15 elections, while voicing support for

Ultimate Uganda