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Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank

Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank

Kampala, Uganda | The High Court’s Commercial Division has granted city businessman Dalaus Katongole, trading as Ngoleda Stores, permission to defend a suit filed by Stanbic Bank Uganda Ltd seeking to recover Shs 427 million. Justice Patience T.E. Rubagumya ru

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High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims

High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims

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

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Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

In 2014, Kampala property mogul/businessman Kennedy Losuk Lokule embarked on construction of the luxurious Emin Pasha Lake View Residence on the rocky terrain of Kampala’s upscale neighbourhood of Muyenga.Reporting by Weekend Vision shows that the 120-r

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Minister Kyofatogabye Urges Public Sensitisation in Fight Against Counterfeit Motorcycles

Minister Kyofatogabye Urges Public Sensitisation in Fight Against Counterfeit Motorcycles

The State Minister for Kampala, Kabuye Kyofatogabye, has called on the public to join the fight against counterfeit motorcycles and spare parts.He said the best tool in this fight is public sensitisation.Many riders, he noted, have faced the risks and losses caused by fake products.

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Gyokeres next? Players who returned to the Premier League with a point to prove

Gyokeres next? Players who returned to the Premier League with a point to prove

Arsenal are closing in on the signing of Viktor Gyokeres from Sporting Lisbon, with the Gunners set to land one of Europe’s most coveted forwards.Gyokeres has exploded in output since joining Sporting, where he has netted 97 goals in 10

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Global Energy Independence Day: Equity Bank’s Commitment to Energy Sustainability

Global Energy Independence Day: Equity Bank’s Commitment to Energy Sustainability

As the world marks Global Energy Independence Day 2025 on July 10th 2025, Equity Bank Uganda is leading the charge toward sustainable energy access with its bold commitment to clean energy financing.The bank has emerged as a key driver of clean energy access through its transformative Equi

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Museveni Hails Emyooga Sacco Success in Nakawa, Pledges More Support

Museveni Hails Emyooga Sacco Success in Nakawa, Pledges More Support

President Museveni has met with beneficiaries of the Emyooga SACCO initiative in Butabika and Mutungo, Nakawa Division, commending their progress and reaffirming government support for grassroots economic empowerment.The President, accompanied by the First Lady and Minister of Educati

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Africa’s Richest Four Hold More Wealth Than Half the Continent

Africa’s Richest Four Hold More Wealth Than Half the Continent

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report – 

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Arsenal overhear fierce Gyokeres transfer warning as Sporting president blasts ‘geniuses’ behind no-show

Arsenal overhear fierce Gyokeres transfer warning as Sporting president blasts ‘geniuses’ behind no-show

Sporting's president has hit back strongly at Gyokeres and his advisorsSporting CP president Frederico Varandas has challenged Viktor Gyokeres and his advisors for his failure to report for pre-season training, seen as a strategy to push through his move

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Man Utd given huge boost in hunt for Botafogo goalkeeper John Victor after losing Andre Onana to injury

Man Utd given huge boost in hunt for Botafogo goalkeeper John Victor after losing Andre Onana to injury

Manchester United have been handed a huge boost in their pursuit of Botafogo keeper John Victor after Andre Onana suffered an injury ahead of pre-season.Botafogo preparing for the possible departure of John VictorThe team's starting goalkeep

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