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Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

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Bamuturaki exit: Fired airline staff to be rehired, whistleblowers rewarded

Bamuturaki exit: Fired airline staff to be rehired, whistleblowers rewarded

Reports indicate that former airline staff members who were dismissed during the tenure of outgoing CEO will be rehired.Fresh staff restructuring is expected at Uganda Airlines after the exit of CEO Jenifer Mabuturaki.Reports indicate that former airline staff members who were dismi

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Fred Mbidde: Ava Peace’s music stands out despite industry disconnect

Fred Mbidde: Ava Peace’s music stands out despite industry disconnect

Veteran politician and public figure Fred Mukasa Mbidde has shared his thoughts on which female artiste from Uganda’s younger generation he believes is making a notable impact on the music scene.Speaking during an interview on Sanyuka Uncut, Mbidde singled out singer Ava Peace as one of

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REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o

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Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

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Youth MP Elections 2026: Arrests Over Forged Delegate Cards, Noise over Facilitation Money, Massive Voter Bribery

Youth MP Elections 2026: Arrests Over Forged Delegate Cards, Noise over Facilitation Money, Massive Voter Bribery

Youth delegates are voting for youth MPs across the country. The youth MP elections 2026 are being held at different regional locations. The Pearl Times is following up on the elections.For Eastern Uganda, over 2,000 delegates are voting for their MP at the Islamic University in Uganda (IU

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Eddy Kenzo to Skip Grammy Awards Ceremony Despite Nomination

Eddy Kenzo to Skip Grammy Awards Ceremony Despite Nomination

Music star Eddy Kenzo has confirmed that he will not be attending this year’s Grammy Awards ceremony, despite earning a nomination.The award-winning singer, real name Edirisa Musuuza, revealed that he has too many duties and responsibilities to handle back home, making it impossible for

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President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi

President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi

Minister Chris Baryomunsi reveals President Museveni’s plan to fund UBC with UGX 30 billion annually so it can compete with global broadcasters like CNN, BBC and Al Jazeera.President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister BaryomunsiThe Minister of Inf

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