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Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi

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Charles Mbire pays Shs 5 million in Taxes per Day  to URA

Charles Mbire pays Shs 5 million in Taxes per Day to URA

Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll

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Pierce Brosnan says 'keep Bond British' - even though he was Irish

Pierce Brosnan says 'keep Bond British' - even though he was Irish

Pierce Brosnan, who took on the role of James Bond from 1995 to 2002, says 'keep Bond British' and treat it with 'respect' after the franchise was creatively taken over by AmazonPierce Brosnan has weighed in on James Bond being taken over by Amazon

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Spiro partners with Airtel Money to ease electric motorcycle financing

Spiro partners with Airtel Money to ease electric motorcycle financing

Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under this new initiative, anybody connected to Airtel will be in position to initiate the whole process of obtaining a new m

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Uganda Joins Afreximbank's Feda as 21st Member State

Uganda Joins Afreximbank's Feda as 21st Member State

Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl

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Uganda’s digital transformation must prioritise human rights, experts warn

Uganda’s digital transformation must prioritise human rights, experts warn

Civil society stakeholders have called for stronger human rights safeguards in Uganda’s digital transformation journey, warning of potential exclusion and privacy risks.Speaking at a multi-stakeholder dialogue in Kampala organised by Initiative for Social and Economic Rights (ISER), Eliz

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UBA inducts over 3200 young professionals under GMAP initiative

UBA inducts over 3200 young professionals under GMAP initiative

Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP) which to date has produced over 3,222 young

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Women Leaders Push for Economic Empowerment and Gender Equality Ahead of Women’s Day

Women Leaders Push for Economic Empowerment and Gender Equality Ahead of Women’s Day

With women comprising 51% of Uganda’s population of 45.9 million, there is growing pressure on the government to bridge financial gaps and remove barriers limiting women’s decision-making power across all sectors.As Uganda prepares to mark International Women

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Museveni Commissions Kampala Flyover, Warns Against Littering

Museveni Commissions Kampala Flyover, Warns Against Littering

President Museveni has commissioned the $81 million Kampala Flyover, urging city residents to stop littering and maintain cleanliness in the capital.The commissioning ceremony, held on Wednesday afternoon, marked a significant milestone in improving Kampala’s infrastructure and easi

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Airtel Money launches global virtual card

Airtel Money launches global virtual card

Airtel Money and Mastercard have unveiled a new virtual card that enables customers in Uganda to shop using their mobile money account at more than 100 million merchants across 200 countries through Mastercard’s global network.Airtel Money Uganda Managing Director, Japhet Aritho hailed t

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