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
The Government of Japan has donated a fleet of emergency vehicles, including ambulances and firefighting trucks, to support Uganda’s emergency and medical response efforts.This initiative aims to strengthen disaster management and healthcare services across the country.Announcing
Business •
17 Feb '25
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
Business •
13 Feb '25
Teddy Naluswa Bugingo, the wife of Pastor Aloysius Bugingo, may seem modest, but behind the scenes, she is incredibly wealthy.Our investigation reveals that she owns several valuable assets, including a mansion in
Business •
13 Feb '25
An investigation into the recent arrest of accountant general Lawrence Semakula and eight other Finance ministry staff has drawn in the names of Kiryowa Kiwanuka and Ramathan Gggobi as being at the centre of a conspiracy to mudsling and punish Semakula.
Business •
13 Feb '25
The permanent secretary and secretary to the treasury Ramathan Ggoobi has interdicted the nine officials from the finance ministry under the Accountant General’s office.This follows an investigation in the minis
Business •
05 Feb '25
Musician Iryn Namubiru’s life has been one of dazzling highs and devastating lows, but what we didn’t know until now is just how deep the wounds of betrayal, deceit, and broken family ties have scarred her.On
Business •
05 Feb '25
The Criminal Investigations Directorate (CID) of Uganda has arrested seven individuals from the Ministry of Finance and Bank of Uganda following a three-month investigation into the disappearance of USD 16 million (approximately UGX 60 billion) from the Bank of
Business •
05 Feb '25
The Directorate of Criminal Investigations has today netted top 9 officials from Bank of Uganda and Ministry of Finance who participated in the swindling of $16m totaling to shs 60bn from Bank of Uganda account last year, We have learnt. According to information
Business •
03 Jan '25
General Muhoozi Kainerugaba, son of Ugandan President Yoweri Museveni, has sparked debate with his remarks on the controversial Anti-Homosexuality Act (AHA).In a series of posts on X, Muhoozi suggested that the la