KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced Tuesday by
Kampala: Kuku Foods Uganda Ltd, the operator of KFC, has issued a sharp protest to the Uganda Revenue Authority (URA) after armed officials raided its Kampala offices on Nov. 19.2025, Chimp Corps report. URA officials say the inquiries relate to discrepancies in declared income over the pe
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
From Milking Cows to Millionaire Mansions: Inside Black Coffee’s R157 Million Clifton Dream Home and Billion-Rand EmpireNkosinathi Maphumulo, the globally acclaimed DJ Black Coffee, has come a long way from his humble beginnings in a rural Eastern Cape village. Milking cows with his gran
Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling as much as 1
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
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
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 extraordinary ral
President Museveni has opened the first meeting of the 4th National Conference of the National Resistance Movement (NRM) at Kololo Ceremonial Grounds, rallying delegates to focus on discipline, fight poverty and corruption, and ensure every Ugandan household joins the money economy.Ac
For decades, the name Aponye stood tall in Uganda’s business circles, synonymous with agro-processing success, expansive real estate investments, and strategic government supply contracts.Founded by the late Apollo Nyegamehe, commonly
