Business •
30 Mar '25
A major controversy has erupted after revelations that Parliament initially approved USD 190 million for the Umeme buyout, despite the actual cost being USD 127 million.The shocking disclosure was made by Jonan Ki
Business •
30 Mar '25
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
Business •
28 Mar '25
Following the meeting between Congolese President Félix Tshisekedi and Rwandan President Paul Kagame on March 18 in Doha, Qatar’s Emir Tamim bin Hamad Al Thani continues his diplomatic engagement in the ongoing security crisis in eastern Democratic Republic o
Business •
28 Mar '25
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Business •
28 Mar '25
Kinshasa — The Democratic Republic of Congo (DRC) has officially announced a significant increase in the salaries of its armed forces and national police, in a move widely seen as a response to mounting pressure over corruption in the security sector and wides
Business •
14 Mar '25
Mawokota North Member of Parliament, Hillary Kiyaga, has made shocking claims about the infamous Toyota Hiace vans, commonly known as "drones," used by Ugandan security personnel.Hillary Kiyaga, currently admitted
Business •
12 Mar '25
Kizza Besigye, a prominent Ugandan politician, physician, and former military officer, has amassed a notable amount of wealth over the years. His net worth is estimated to be between $100,000 and $1 million.Besigye's journey to wealth began with his education at Makerere University, where
Business •
12 Mar '25
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
Business •
12 Mar '25
Winnie Byanyima, the wife of Ugandan opposition leader Dr. Kizza Besigye, has urged the Director of Public Prosecutions (DPP), Jane Frances Abodo, not to oppose her husband's bail application.In a statement on X, Byanyima decried Besigye’s prolonged detention, calling it unjust.Sh
Business •
11 Mar '25
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