Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
The Katikkiro of Buganda, Charles Peter Mayiga, has called on Ugandans, including politicians, to denounce violence and embrace dialogue as a means of resolving conflicts.His remarks came as Members of Parliament from the National Unity Platform (NUP) visited Bulange, Mengo, to purchase ki
Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence.He also said there is a ne
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r
Uganda has taken a major step in its oil sector after signing an agreement with Alpha MBM Investments LLC, a company based in the United Arab Emirates (UAE), for the construction of a crude oil refinery in Hoima District.
Rebecca Kadaga, a prominent Ugandan politician and lawyer, has built an impressive portfolio of assets over the years.Her lifestyle reflects her success and influence in Ugandan politics. Kadaga's wealth is evident in her properties, luxury cars, and various investments.Kadaga owns
Kizza Besigye, a prominent Ugandan politician, physician, and former military officer, has amassed a notable amount of wealth over the years. His net worth is estimated to be between $100,000 and $1 million.Besigye's journey to wealth began with his education at Makerere University, where
Balaam Barugahara Ateenyi, commonly known as Balaam, has been a prominent figure in Uganda's business and political spheres.Born on July 28, 1979, in Mbarara, Uganda, Balaam's journey from humble beginnings to becoming a trusted minister under President Yoweri Museveni is both inspiring an
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
