Tech billionaire Larry Ellison (pictured right) has claimed the title of the world's richest person for the first time, surpassing Elon Musk. Ellison's wealth jumped by $101 billion to $393 billion after Oracle's blockbuster earnings report Tuesday. Musk's is wo
“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings
Lawyer Steven Kalali addressing the mediaA Ugandan lawyer, Steven Kalali, has petitioned the East African Court of Justice (EACJ) over a new Tanzanian law that restricts non-citizens, including East African Community (EAC) nationals, from engaging in spec
A total of 411 junior officers and militants from the Uganda People’s Defence Forces (UPDF) Land Forces have officially retired during a colourful ceremony held at Bombo UPDF Land Forces Headquarters in Bombo Town Council, Luweero District.Presiding over the function, Maj. Gen. Francis T
Simbamanyo house which was acquired by tycoon Sudhir Ruparelia.The Commercial Division of the High Court has dismissed a high-profile legal challenge filed by Simbamanyo Estates Limited, ruling that the $10 million post-import loan facility extended to Eq
The President stated that while some elements in the Ugandan political opposition might expect him to divert some of the funds from his huge State House budget to his personal accounts, he does not own such accounts.President Yoweri Museveni has publicl
Video jockey VJ Junior, real name Marystuarts Matovu, has revealed he is contemplating retirement from video jockeying after years of dominating the Ugandan movie commentary scene.Speaking about his future, Junior said he is ready to step back from the mi
dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.
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
Uganda overtook Ethiopia to become Africa’s leading coffee exporter, marking a major milestone for the country's agriculture sector and export economy.According to the latest export figures for May 2025, Uganda exported 47,606.7 tonnes of coffee—surpassing Ethiopia’s 43,481 tonnes in
