Search Results

Pressure Mounts on AG Kiryowa As Prisons Boss Denies Role In Continued Persecution of Dr. Kizza Besigye & Obed Lutale

Pressure Mounts on AG Kiryowa As Prisons Boss Denies Role In Continued Persecution of Dr. Kizza Besigye & Obed Lutale

Friday late afternoon, Commissioner General of Prison Dr. Johnson Byabashaija rang Attorney General Kiwanuka Kiryowa seeking to be guided on when to release Kizza Besigye and other similarly-held inmates who have been incacerated for years over Military Court Ma

Ultimate Uganda

OIL CURSE!!!  URA Ordered To Pay Shs709Billion To Heritage Oil & Gas Ltd

OIL CURSE!!! URA Ordered To Pay Shs709Billion To Heritage Oil & Gas Ltd

A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly assessed taxes and interest to a United Kingdom-based company.

Ultimate Uganda

 LISTED: Museveni Ministers Ought to Bounce Back Unopposed in 2026 & Why

LISTED: Museveni Ministers Ought to Bounce Back Unopposed in 2026 & Why

A group of NRM cadres from Busoga recently founded a social media platform dedicated to making sure that Rebecca Kadaga remains and bounces back as Kamuli Woman MP unopposed in 2026. Their view is that Kadaga (who they fondly call RAK) has done so much for Ugand

Ultimate Uganda

Uganda Investment Authority and British High Commission Mired In Namanve Project Scandal

Uganda Investment Authority and British High Commission Mired In Namanve Project Scandal

The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.

Ultimate Uganda

Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an

Ultimate Uganda

‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

Ultimate Uganda

World investor week: Reflecting on financial fitness and future planning

World investor week: Reflecting on financial fitness and future planning

The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu

Ultimate Uganda

Turkey: Farmer’s tale from hobby to thriving business

Turkey: Farmer’s tale from hobby to thriving business

Dr Gerald Akankwasa, a general physician at Mulago Hospital, started his backyard flock in Jokolera, Kasangati Town Council, Wakiso District, with just three turkeys in early 2023. Barely two years later, he now has more than 170 birds of different ages. And with his determination and in

Ultimate Uganda

Understanding Italy, Uganda renewed business engagement

Understanding Italy, Uganda renewed business engagement

Uganda, through Ministry of Agriculture walks away from this year’s international Agricultural Machinery Exhibition with a commitment from Italy to establish an agricultural mechanization training centre in the eastern district of Iganga next year. The centre is estimated to cost about

Ultimate Uganda

MTN Uganda Set to Increase Dividend Payouts for Investors

MTN Uganda Set to Increase Dividend Payouts for Investors

(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f

Ultimate Uganda