Search Results

Angola's Isabel dos Santos loses appeal against freezing order over assets

Angola's Isabel dos Santos loses appeal against freezing order over assets

Angolan billionaire Isabel dos Santos on Monday lost an appeal to overturn an order freezing up to 580 million pounds ($778 million) of her assets as part a lawsuit at London's High Court. Dos Santos – Africa's first female billionaire, whose father Jose Eduardo dos Santos ruled Ango

Ultimate Uganda

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

Ultimate Uganda

Gen Muhoozi drops out of 2026 race (I saw it coming)

Gen Muhoozi drops out of 2026 race (I saw it coming)

Gen Muhoozi Kainerugaba’s social media posts are an interesting vantage point from which to see the inner workings of the National Resistance Movement (NRM) political and military state. Political hangers-on shower praises on him. Cabinet ministers dutifully wish him a happy birthday o

Ultimate Uganda

Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

Ultimate Uganda

Uganda unveils 600MW Karuma Hydropower Plant

Uganda unveils 600MW Karuma Hydropower Plant

A single flooding incident at Isimba Hydropower Plant in August 2022, plunged Uganda into darkness. The incident, which resulted in the emergency shutdown of the 183MW Isimba, coincided with a periodic maintenance of some of the generational units at the 250MW B

Ultimate Uganda

What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

Ultimate Uganda

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.

Ultimate Uganda

Has he finally developed romantic feelings for me?

Has he finally developed romantic feelings for me?

Mark and I have been friends since childhood. Ours is the kind of friendship where he is the first person I call when I have a problem since I can tell him anything. However, about two years ago, I started having romantic feelings for him, but I kept this to myself because, to him, we were j

Ultimate Uganda

KCCA labourers dance to the tune of Kisaka’s exit

KCCA labourers dance to the tune of Kisaka’s exit

Casual workers at Kampala Capital City Authority (KCCA) have welcomed the sacking of three top officials, accusing them of being behind their salary delays. KCCA Executive Director Dorothy Kisaka, her deputy, David Luyimbazi, and the Director of Public Health and Environment, Dr Daniel O

Ultimate Uganda

NRM to hire over 145,000 to guard Museveni’s votes

NRM to hire over 145,000 to guard Museveni’s votes

The ruling National Resistance Movement (NRM) party is set to recruit more than 145,000 Ugandans to safeguard President Museveni's votes from potential theft during the 2026 General Election. The move comes after the President accused the National Unity Platform (NUP) party of rigging th

Ultimate Uganda