Search Results

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern

Ultimate Uganda

Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable

Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable

Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc

Ultimate Uganda

Inside Uganda’s elections, where goons set the rules

Inside Uganda’s elections, where goons set the rules

On December 7, 2025, Reuters carried a stark headline that rippled across Uganda’s political landscape: “Bobi Wine says Uganda security forces beat him.”The wire story reported that Uganda’s leading opposition figure, Robert Kyagulanyi, popularly known as Bobi Wine, said he was bea

Ultimate Uganda

New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked

New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked

Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak

Ultimate Uganda

Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

Ultimate Uganda

Total Chaos as Two NUP Dudes Fight for KCCA Speakership Job

Total Chaos as Two NUP Dudes Fight for KCCA Speakership Job

Intense lobbying has commenced from within the NUP with different Lord Councilor-elects beginning to position themselves for lucrative jobs at City Hall. One of the jobs that has attracted extreme keenness is that of Authority Speaker, whose outgoing occupant is Zahara Luyulika Maala. She is join

Ultimate Uganda

Rejection from Lydia Jazmine’s camp led to Nutty Neithan’s hit song ‘Ensi Temala’

Rejection from Lydia Jazmine’s camp led to Nutty Neithan’s hit song ‘Ensi Temala’

Nutty Neithan says that being ignored by Lydia Jazmine’s camp unexpectedly pushed him into releasing one of his biggest songs, “Ensi Temala.”The singer, songwriter and producer says that as a creative, he often writes songs with specific artists in mind, especially when he feels a pa

Ultimate Uganda

Man Utd transfer news: Cole Palmer details emerge as double swoop prepared

Man Utd transfer news: Cole Palmer details emerge as double swoop prepared

Transfer deadline day has arrived and Manchester United have just hours remaining to complete any deals. The Red Devils must finalise any last-minute business by 7pm this evening. Michael Carrick has enjoyed a flawless beginning to life as manager at Old Trafford, with United securing a thrilling

Ultimate Uganda

Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

Ultimate Uganda

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o

Ultimate Uganda