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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

Stay Focused on the Prize: Ssenyonyi Warns Against Distractions in the Struggle for Change

Stay Focused on the Prize: Ssenyonyi Warns Against Distractions in the Struggle for Change

Leader of the Opposition (LoP) and Nakawa West MP, 

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Mityana LC5 Chairperson Patrick Nshimye says Will not Seek Re-election in 2026

Mityana LC5 Chairperson Patrick Nshimye says Will not Seek Re-election in 2026

With the 2026 general elections on the horizon, Mityana District chairperson Patrick Mugisha Nshimye has announced he will not seek re-election.Nshimye, a member of the National Unity Platform (NUP) is currently serving his fifth year in office.His decision to pursue a parliamentary

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High Court Orders Release of Eron Kiiza’s Passport in Contempt Case

High Court Orders Release of Eron Kiiza’s Passport in Contempt Case

The High Court in Kampala has ordered the immediate release of human rights lawyer Eron Kiiza’s passport, which had been retained as a bail condition following his prosecution for contempt of court by the General Court Martial.The ruling, delivered by Justice David Matovu, found no legal

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Umeme to Seek Arbitration in London Over Shs 10.62tn Claim Against Uganda Govt

Umeme to Seek Arbitration in London Over Shs 10.62tn Claim Against Uganda Govt

Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces

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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

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Concerns Grow Over ‘Buying’ of Political Parties Ahead of 2025 Elections

Concerns Grow Over ‘Buying’ of Political Parties Ahead of 2025 Elections

Political analysts are raising fresh alarms over increasing corruption in Uganda’s political landscape, warning that the buying and selling of political parties is enriching a few political group leaders while steadily undermining democratic processes.This growing trend is already compli

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Political Parties Lag in 2026 Election Preparations as EC Raises Concern

Political Parties Lag in 2026 Election Preparations as EC Raises Concern

With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo

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Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme replaced obs

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Former Army Commander Drops Bombshell About NRM's 20 Million Members

Former Army Commander Drops Bombshell About NRM's 20 Million Members

Former army commander Mugisha Muntu has shocked Ugandans with explosive revelations about NRM party membership claims."NRM outcompetes Joseph Goebbels, Hitler's Minister of Propaganda, at what he knew best," Muntu

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