Business •
03 Jul '25
In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now
Business •
02 Jul '25
Barely two months of existence, the People’s Front for Freedom (PFF), has attracted over 10,000 individuals, picking nomination forms to contest under the new party in the 2026 elections.The large number of aspirants, coming at a time when PFF’s found
Business •
25 Jun '25
Zohran Mamdani, the 33-year-old son of renowned Ugandan academic Mahmood Mamdani and celebrated filmmaker Mira Nair, has stunned the US political establishment after pulling ahead in New York City's mayoral Democratic primary.Born in Kampala and now on the verge of becomin
Business •
24 Jun '25
Iran’s Foreign Minister Abbas Araghchi has denied any formal agreement on a ceasefire with Israel, saying Tehran's military operations continued until 4am local time (00:30 GMT) and could resume if Israel does not end its aggression.In a series of statements on X (formerly Twitter), Arag
Business •
24 Jun '25
Qatar has temporarily suspended all air traffic in its airspace, citing safety concerns for citizens, residents, and visitors amid what appear to be escalating regional tensions involving Iran.The announcement, made by the Ministry of Foreign Affairs on June 23, 2025, has
Business •
23 Jun '25
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
Business •
20 Jun '25
Uganda’s Ministry of Health is at risk of losing critical funding from the Global Fund, one of the largest donors in the fight against HIV/AIDS, amid explosive allegations that ABBOTT Laboratories, a supplier of HIV test kits, is covertly financing influential
Business •
20 Jun '25
Yasser K. Ahmed, co-founder of Harriss International Limited, has purchased Lugogo MallYasser K. Ahmed, co-founder of Harriss International Limited, has purchased Lugogo Mall, which currently houses some of the largest retail outlets in Uganda, including
Business •
16 Jun '25
Uganda’s Minister of State for Privatisation and Investment, Evelyn Anite, has announced that Ugandans at the Mbale Industrial Park are now assembling one of the world’s largest televisions — the TCL 115-inch model.Evelyn Anite made the revelation during a
Business •
12 Jun '25
An uneasy calm has descended over Los Angeles after the first night of a curfew lifted on Wednesday, as cities across the US brace for more protests.In Los Angeles, nearly 400 people have so far been arrested, including 330 undocumented migrants and 157 people arrested for