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Court Declines to Declare Kampala Businessman Bankrupt, Gives Bank Greenlight to Sell His Property

Court Declines to Declare Kampala Businessman Bankrupt, Gives Bank Greenlight to Sell His Property

High Court’s Commercial Division has dismissed a bid by businessman and former property developer, Sendyona Mukasa Edward to be declared bankrupt, paving the way for Equity Bank Uganda to sell his remaining home to recover an outstanding loan.In a case filed as Bankruptcy Cause No. 3 of

Ultimate Uganda

Two arrested as police make breakthrough in Shs45m robbery at Nsambya traffic lights

Two arrested as police make breakthrough in Shs45m robbery at Nsambya traffic lights

The suspects, Kamoga Yudah alias “Sparta” and Kayabula Arnold, were arrested on Friday as detectives intensified investigations into the May 6 robbery that left Kampala residents questioning the boldness of organised criminal gangs operating in broad daylight.The suspects, identified a

Ultimate Uganda

DTB Ntinda Manager’s Fraud Claim Sparks Mob Attack That Kills Customer

DTB Ntinda Manager’s Fraud Claim Sparks Mob Attack That Kills Customer

young man has died following a violent mob attack outside Diamond Trust Bank (DTB) in Ntinda, Kampala, in an incident that has raised fresh concerns about mob justice and public safety.According to witness accounts, the victim had visited the bank on Monday to withdraw money. After

Ultimate Uganda

Coffee Farmers Battle Rising Theft During Peak Harvest Season in Ntungamo

Coffee Farmers Battle Rising Theft During Peak Harvest Season in Ntungamo

Coffee farmers in Ntungamo District are grappling with a surge in theft cases targeting ripe cherries and dried beans during the peak harvest season, prompting calls for stronger security measures, improved policing and protection of household incomes.NTUNGAMO — Coffee farmers in Ntungam

Ultimate Uganda

Mbale City Demolishes Illegal Structures in Namakwekwe to Pave Way for USMID Projects

Mbale City Demolishes Illegal Structures in Namakwekwe to Pave Way for USMID Projects

Mbale City spent Thursday and Friday demolishing illegal structures along Gangama Road and other areas in Northern City Division in Mbale City to pave way for Uganda Support to Municipal Infrastructure Development Program (USMID) projects.While speaking to our Reporter today, Saturday, Jun

Ultimate Uganda

New mobile money scam you need to know before your next cash withdrawal

New mobile money scam you need to know before your next cash withdrawal

new mobile money scam is targeting cash withdrawal customers by exploiting phone numbers and transaction prompts. Learn how the fraud works and how to protect yourself.Fraudsters are using a new two-person trick to steal mobile money during withdrawals.Victims unknowingly approve tr

Ultimate Uganda

Nationwide crucial reminder to anyone who has a credit card

Nationwide crucial reminder to anyone who has a credit card

Nationwide, which has more than 16 million customers, has urged caution for anyone considering applying for a credit card. The message also urges people who have a credit card to be careful, as some may not think about the risks.The building society advises "before you increase your credit

Ultimate Uganda

Businesswoman sued Mandela Millers over undelivered goods. Judge said case was filed in wrong court

Businesswoman sued Mandela Millers over undelivered goods. Judge said case was filed in wrong court

Sheila Orikiriza, a Kabale-based businesswoman who sued Mandela Millers, demanding Shs 50.8 million for goods she says were never delivered, has suffered a setback after filing the case in the wrong court.Orikiriza claimed she paid Mandela Millers Shs 37 million for goods that were never d

Ultimate Uganda

MOGO BUSTED! Court Slams Lender for ‘Exploitative’ 86% Interest Charges

MOGO BUSTED! Court Slams Lender for ‘Exploitative’ 86% Interest Charges

Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant” and “exploitative” interest on a Ksh400,000 loan — a decision likely to resonate with many Ugandans who have repeatedly complained about the company’s lending practi

Ultimate Uganda

New Buwama LCIII Chairperson Refuses to Occupy Defective Sub-county Headquarters

New Buwama LCIII Chairperson Refuses to Occupy Defective Sub-county Headquarters

The newly elected Buwama Sub-county chairperson has called for an investigation into the construction of the local government headquarters after discovering major structural defects in the less-than-three-year-old building, raising concerns over possible misuse of public funds and poor workmanshi

Ultimate Uganda