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Bemuga’s employee entered a Shs 1.7 bn deal without knowledge of directors

Bemuga’s employee entered a Shs 1.7 bn deal without knowledge of directors

Bemuga Forwarders has been given 14 days to defend itself in a case in which its former managing director, Ronald Kanyerezi, entered a Shs 1.7 billion deal with a global logistics firm without the knowledge of its shareholders.Justice Patricia Kahigi Asiimwe said the case raises serious is

Ultimate Uganda

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita

Ultimate Uganda

OIL PALM PROJECT IN TROUBLE! Billions Idle, Land Unused, Factory Stalled — Has Masaba Outstayed Her Welcome?

OIL PALM PROJECT IN TROUBLE! Billions Idle, Land Unused, Factory Stalled — Has Masaba Outstayed Her Welcome?

The National Oil Palm Project (NOPP), once hailed as a transformative agro-industrial lifeline for Uganda’s rural farmers, is now sinking under the weight of delays, underperformance and questionable management, after the Auditor General’s December 2025 report exposed deep cracks in one of go

Ultimate Uganda

BIG INTERVIEW: Boda-bodas will be reduced in the city under new transport plan - Gen Katumba

BIG INTERVIEW: Boda-bodas will be reduced in the city under new transport plan - Gen Katumba

'Boda-bodas have provided employment. If tomorrow we decided to remove them, what would happen to the young men who depend on them? Each rider supports several people. So, they have benefits, but they also present challenges. They need to be better organised, and we had already started that proce

Ultimate Uganda

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu

Ultimate Uganda

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Tears, anger and desperation have engulfed the streets of Mbarara after a sweeping city council operation to restore “order” turned into a full-blown eviction storm, leaving thousands of street vendors, kiosk owners and small traders counting heavy losses and staring at an uncertain future.

Ultimate Uganda

NRM Henchman Warns M7, Wife Janet On Attending Endless 2026 Election Victory Celebrations Parties…

NRM Henchman Warns M7, Wife Janet On Attending Endless 2026 Election Victory Celebrations Parties…

National Resistance Movement (NRM) political activists who also double as the chairperson of the children and grandchildren of the 1981 war veterans in the Luwero Triangle Muwada Kanamwangi has warned President Yoweri Museveni and wife Janet Kataha Museveni to be careful when attending endless 20

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South Sudan Gold Dealer Malong In More Trouble Over Fraud, Money Laundering As Court Freezes His Bank Accounts, Multibillion Properties Caveated…

South Sudan Gold Dealer Malong In More Trouble Over Fraud, Money Laundering As Court Freezes His Bank Accounts, Multibillion Properties Caveated…

Justice Micheal Elubu of the Anti-Corruption Division of the High Court has issued a Court order freezing bank accounts opened in the names of General Trading Limited registered in Stanbic Bank, land titles and documents connected to controversial South Sudan gold dealer Henry Ochown alias Malong

Ultimate Uganda

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

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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