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Frank Gashumba: My father is among top 10 land owners in Buganda

Frank Gashumba: My father is among top 10 land owners in Buganda

Businessman Frank Gashumba has claimed that his late father, Gashumba Snr., was among the top 10 landowners in Buganda. Speaking on Megatron Media, the outspoken social commentator sought to counter allegations that Rwandans have gained significant advantages un

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Some EFC, Mercantile depositors yet to pick their money, says DPF 

Some EFC, Mercantile depositors yet to pick their money, says DPF 

The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m.   Speaking during the Makere

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Inside proposal to revive tea farming

Inside proposal to revive tea farming

Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur

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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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Peeling the nutritional power of onions

Peeling the nutritional power of onions

In the world of nutrition, the humble onion is often overshadowed by flashier superfoods. However, this everyday kitchen staple is a potent ally for health and wellness. From boosting heart health to enhancing immune function, onions offer a range of benefits that are hard to ignore. Amanda

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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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Amus: Inside decade journey to shake Kitende dominance

Amus: Inside decade journey to shake Kitende dominance

Amus College School has relentlessly pursued greatness for the national and East African football titles for a decade. After years of trials, heartbreaks, and near-misses this year, they finally clinched the coveted Federation of East Africa Secondary School Sports Association (Feasssa) titl

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

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The new Ugandan tribes. How cool?

The new Ugandan tribes. How cool?

Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be

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