Business •
12 Mar '25
President Yoweri Museveni of Uganda, one of Africa's longest-serving leaders, has amassed significant wealth over his decades in power.His wealth is reflected in his luxurious properties, extensive business ventures, and substantial investments.Museveni's most notable property is hi
Business •
11 Mar '25
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Business •
07 Mar '25
Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers.The Infinite Card, a globally recognized ultra-premium debit or credit card,
Business •
07 Mar '25
Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl
Business •
07 Mar '25
The organisation called on media houses to give more visibility to women leaders and counter negative stereotypes that discourage female participation in politics.Women’s rights activists have issued a strong call to action to end electoral violence in Uganda,
Business •
07 Mar '25
President Museveni has commissioned the $81 million Kampala Flyover, urging city residents to stop littering and maintain cleanliness in the capital.The commissioning ceremony, held on Wednesday afternoon, marked a significant milestone in improving Kampala’s infrastructure and easi
Business •
06 Mar '25
Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointment was first announced in December of last year.“I am delighted to join Stanbic Bank Uganda. With the suppor
Business •
06 Mar '25
Vice President Jessica Alupo has called on the government to allocate a dedicated budget for vulnerable children and street kids, emphasizing the urgency of addressing their welfare.Speaking at Masuulita Children’s Village in Wakiso District, Alupo stressed that the responsibility of car
Business •
03 Mar '25
The late Hajji Bulaimu Muwanga Kibirige (BMK) was a businessman in Uganda. He built a strong business empire, including Hotel Africana, which expanded to different parts of Africa. Since his passing, his businesses are facing financial difficulties, with debts t
Business •
17 Feb '25
Talks to license Starlink in South Africa have reportedly stalled over tensions with the Donald Trump administration in the US.Presidential spokesman Vincent NgwenyaTalks over licensing SpaceX’s Starlink service in South A