Search Results

OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:

OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:

At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f

Ultimate Uganda

Construction for Uganda’s tallest building Diamond Tower slated to begin in 2026

Construction for Uganda’s tallest building Diamond Tower slated to begin in 2026

The Diamond Tower is a proposed 220-meter skyscraper in Kampala’s Kololo neighborhood, designed by Angiletti Design Studio to be the tallest building in Uganda. Scheduled for a 2026 construction start, the 54-story vertical development features 300 serviced apartments, a luxury hotel, and high-

Ultimate Uganda

Museveni Urges Coffee Farmers To Support Zero Export Of Unprocessed Raw Materials

Museveni Urges Coffee Farmers To Support Zero Export Of Unprocessed Raw Materials

RUKIGA, Uganda — President Yoweri Museveni called on coffee farmers to support the government’s push to stop the export of unprocessed raw materials, saying the move would accelerate Uganda’s industrialization agenda and create more jobs and income.“We must continue to add value to

Ultimate Uganda

Stop Asking the Rich for Money, Try This Instead

Stop Asking the Rich for Money, Try This Instead

There is a silent pattern that plays out every single day, especially in our part of the world. The moment someone is perceived to have money—whether they are actually rich or just slightly better off—their phone changes purpose. It stops being a communication tool and becomes a request cente

Ultimate Uganda

UPDF’s multi-million library at Entebbe Air force secondary school commissioned

UPDF’s multi-million library at Entebbe Air force secondary school commissioned

The Uganda Peoples’ Defence Forces has commissioned a new multi-million library at Entebbe Air Force Secondary School aimed at strengthening the school’s academic environment and improving learning for students.Representing the Commander Air Force, the Deputy Commander Air Force, Major

Ultimate Uganda

Uganda gets $540 million funding for cities, municipalities

Uganda gets $540 million funding for cities, municipalities

World Bank officials led by Qimiao Fan World Bank Division Director for Kenya, Rwanda, Somalia, and Uganda met President Museveni and Ministry of Finance officials at Nakasero State Lodge TuesdayKampala, Uganda | URN | Uganda has secured over 2.1 trillion Shillings (USD 540 million ) fundi

Ultimate Uganda

The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

Mrs Alice Karugaba, the founder, Nina Interiors. She received the CEO of the Year Award in 2016.Nina Interiors founder, Alice Karugaba, did not set out to build a furniture empire. She was a mother trying to make ends meet, learning to bake, selling buns to colleagues, and slowly finding h

Ultimate Uganda

Govt Abandons Plan to Tax all Cash Withdrawal

Govt Abandons Plan to Tax all Cash Withdrawal

Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and

Ultimate Uganda

UEDCL records Shs1.71t revenue in first year of power distribution takeover

UEDCL records Shs1.71t revenue in first year of power distribution takeover

Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo

Ultimate Uganda

Masaka City Mayor Pledges Protection for Vendors in Designated Trading Areas

Masaka City Mayor Pledges Protection for Vendors in Designated Trading Areas

Masaka City Mayor Florence Namayanja has reaffirmed her commitment to maintaining order in the city’s business environment, vowing not to allow the eviction of vendors and traders who have been officially allocated designated working spaces by city authorities.Her remarks come amid ongoi

Ultimate Uganda