Search Results

Tycoon Mbire’s MTN Uganda shares Recover, Rise toward $70 million

Tycoon Mbire’s MTN Uganda shares Recover, Rise toward $70 million

Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing

Ultimate Uganda

Hongera Saana, Security Agencies to Offer Free GPS Trackers to Boda Bodas

Hongera Saana, Security Agencies to Offer Free GPS Trackers to Boda Bodas

Hongera Saana Uganda, an initiative under the Office of the President aimed at curbing violent extremism has partnered with security agencies to distribute free motorcycle tracking devices to riders across the country.The initiative is being implemented in collaboration with the

Ultimate Uganda

Police Warn Electricity Vandals: Jail Awaits You

Police Warn Electricity Vandals: Jail Awaits You

Police has warned individuals involved in the sabotage of Uganda’s electricity infrastructure, saying those found culpable will face severe consequences.In a statement, AIGP Tom Magambo, Director of Criminal Investigations, said law enforcement agencies are intensifying efforts to crack

Ultimate Uganda

Gov’t Explains Drop in Coffee Prices, Blames Global Oversupply and Strong Harvests

Gov’t Explains Drop in Coffee Prices, Blames Global Oversupply and Strong Harvests

The Ugandan government has broken its silence on the sharp decline in coffee prices that has sparked widespread concern among farmers and sector players.In a detailed statement issued on Sunday, Minister for Agriculture, Animal Industry and Fisheries, Frank Tumwebaze, confirmed the price s

Ultimate Uganda

Mbale City Cuts Ties with Police Over Suspected Collusion in Theft, Hires Private Security

Mbale City Cuts Ties with Police Over Suspected Collusion in Theft, Hires Private Security

Mbale City Council has terminated police security services amid allegations that some police officers were complicit in the theft of valuable city assets, including computers, large flat-screen TVs, and a multimillion-shilling generator stolen from council premises.Deputy Speaker Abdala Ma

Ultimate Uganda

Bebe Cool Reveals Why He Can't Invest In Son's Music Career

Bebe Cool Reveals Why He Can't Invest In Son's Music Career

Musician Bebe Cool is the father of the aspiring artist, Allan Hendricks.The Gagamel boss has long been criticized for neglecting his son's music career and choosing to continue investing in himself, even at an advanced age.Bebe Cool, however, has

Ultimate Uganda

BoU Maintains CBR at 9.75% as Uncertainty Looms

BoU Maintains CBR at 9.75% as Uncertainty Looms

The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ

Ultimate Uganda

Ugandan Engineers Return from Malaysia, Pledge to Transform Country’s ICT Sector

Ugandan Engineers Return from Malaysia, Pledge to Transform Country’s ICT Sector

Private Secretary to President of Uganda for Youth, in Agriculture, Value addition, Export promotion Dr Kisanja Hillary Musoke (right) welcoming back some of the Science Students supported under Presidential Initiative on Science Development who had returned fro

Ultimate Uganda

UGX 2 Billion Gold Scam Rocks Uganda: Dutch Investor Defrauded, Gulu University Official Investigated

UGX 2 Billion Gold Scam Rocks Uganda: Dutch Investor Defrauded, Gulu University Official Investigated

State inquiry launched into fraudulent mining deal that duped Dutch investor, exposed systemic abuse in Uganda’s extractive sectorKotido, Uganda – A significant financial scandal involving an alleged UGX 2 billion go

Ultimate Uganda

Traders in Ndeeba Devastated After Fire Guts Property

Traders in Ndeeba Devastated After Fire Guts Property

Hundreds of traders are grappling with catastrophic losses following last night fire that gutted Ndeeba in Kasumba Zone Lubaga DivisionThe worst-hit were those dealing in timber and woodworking machinery, whose livelihoods were reduced to ashes overnight.Frustrated by recurring fire

Ultimate Uganda