Search Results

Chagga Fails to Turn Up for Own Concert.

Chagga Fails to Turn Up for Own Concert.

Musician and talent manager Chagga was scheduled to hold a concert dubbed “Friends of Chagga” at Kati Kati Grounds, celebrating his long journey and contribution to Uganda’s music industry.However, the event did not take place as planned, with the singer failing to appear

Ultimate Uganda

Uganda’s rising debt, shrinking lives

Uganda’s rising debt, shrinking lives

How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn

Ultimate Uganda

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

Ultimate Uganda

Cross-Border Investment Strategies

Cross-Border Investment Strategies

Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u

Ultimate Uganda

Court rules NUP not entitled to IPOD cash after boycotting forum.

Court rules NUP not entitled to IPOD cash after boycotting forum.

Kampala, Uganda: The High Court in Kampala has dismissed with costs a case in which the opposition National Unity Platform (NUP) sought to compel government to allocate it funds under the Interparty Organisation for Dialogue (IPOD) arrangement.In the ruling, the presiding Judge

Ultimate Uganda

Busega-Mpigi Expressway project loan approved.

Busega-Mpigi Expressway project loan approved.

The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliam

Ultimate Uganda

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper

Ultimate Uganda

How Bitcoin Could Help You Retire a Millionaire

How Bitcoin Could Help You Retire a Millionaire

Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able to tap into the power of compounding returns.Spot Bitcoin ETFs create an easy, conven

Ultimate Uganda

The price of gold is skyrocketing

The price of gold is skyrocketing

Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao

Ultimate Uganda

Kenzo Considers Resignation from Federation Presidency over SACCO Money

Kenzo Considers Resignation from Federation Presidency over SACCO Money

Musician Eddy Kenzo has threatened to resign from the Presidency of the Uganda National Musicians Federation (UNMF).He said he will consider resigning and leaving the position because of the Ministry of Finance’s plan to prevent

Ultimate Uganda