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Surveyor ordered to pay Centenary Bank Shs 520m for ‘over-valuing’ land offered as security

Surveyor ordered to pay Centenary Bank Shs 520m for ‘over-valuing’ land offered as security

Katuramu & Company, a surveying firm, has been ordered to pay Centenary Bank Shs 521 million for misleading the bank into extending a loan to a client without conducting proper due diligence on the land offered as security.The case started in December 2021 when Hasifa Namulondo applied

Ultimate Uganda

MPs Reject NWSC’s Plan to Borrow UGX600bn from Local Banks!

MPs Reject NWSC’s Plan to Borrow UGX600bn from Local Banks!

Remigio Achia, Vice Chairperson Budget Committee asked Ariko to ensure that the matter of unremitted water bills is handled by the Ministry of Finance remarking, “This matter should be captured and reported to the Ministry of Finance.The revelation was made by Herbert Ariko, Chairperson,

Ultimate Uganda

MPs see KCCA as accomplice in market demolition brutality

MPs see KCCA as accomplice in market demolition brutality

Eng. Ronald Balimwezo, Nakawa East MP, and Kampala City Lord Mayor-electKampala, Uganda | THE INDEPENDENT | Parliament’s oversight committee has sharply criticised the Kampala Capital City Authority (KCCA) for what lawmakers call discriminatory enforcement of the law, after a prominent b

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Health Ministry warns public on counterfeit drugs and self-medication ahead of Pharma expo

Health Ministry warns public on counterfeit drugs and self-medication ahead of Pharma expo

Ms. Sarah Taratwebirwe, a senior pharmacist, Ministry of Health.The Ministry of Health Uganda has warned the public about the increasing presence of counterfeit and substandard medicines on the Ugandan market, which are a threat to public health.Speaking on behalf of the Ministry, M

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WASTING NO TIME! Gen Sejusa Wants Constitution Changed to Allow President-Elect’s Swearing-in One Week after Results Declaration

WASTING NO TIME! Gen Sejusa Wants Constitution Changed to Allow President-Elect’s Swearing-in One Week after Results Declaration

Former Ugandan spymaster Gen David Sejusa wants the Constitution changed to allow the president-elect swear-in one week after results declaration.Gen Sejusa, previously Tinyefuza, says his proposal is meant to cure the problem of what looks like “an absentee government” after elections

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DIGITAL DISASTER AT EDUCATION MINISTRY! Billions Sunk in ‘Broken’ EMIS & Bug-Ridden TELA Systems as Investigation Exposes Chaos, Blame Game Hits Top Bosses, Vendors

DIGITAL DISASTER AT EDUCATION MINISTRY! Billions Sunk in ‘Broken’ EMIS & Bug-Ridden TELA Systems as Investigation Exposes Chaos, Blame Game Hits Top Bosses, Vendors

A bombshell audit has ripped through the Ministry of Education and Sports, exposing a staggering trail of weak leadership, poor planning, and a digital mess that insiders say has crippled Uganda’s ambitious education technology revolution. Systems that were sold as game-changers are now at the

Ultimate Uganda

Photos: Kabaka Mutebi inspects burnt Katwe market

Photos: Kabaka Mutebi inspects burnt Katwe market

The Kabaka toured the affected area, inspecting the extent of the damage and offering sympathy to traders who lost their merchandise in the blaze.Buganda King, His Majesty Ronald Muwenda Mutebi II on Tuesday visited traders at Katwe Market following a devastating fire that destroyed proper

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Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm

Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm

KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,

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Mobile money taxes reversing digital financial inclusion in Uganda

Mobile money taxes reversing digital financial inclusion in Uganda

Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay

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SHELL SHAKE-UP! With 600 Stations On Sale in S. Africa — Uganda Not Spared as Two Prime City Petrol Sites Hit Market

SHELL SHAKE-UP! With 600 Stations On Sale in S. Africa — Uganda Not Spared as Two Prime City Petrol Sites Hit Market

A quiet but significant ripple from the global oil industry is now being felt in Uganda after Vivo Energy Uganda announced plans to sell two of the most strategically located Shell-branded petrol stations in the heart of Kampala.The move comes as the multinational energy giant Shell plc co

Ultimate Uganda