Search Results

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

Ultimate Uganda

TV10 Executive Fined Shs4 Million, Equipment Forfeited Over Illegal Broadcasting

TV10 Executive Fined Shs4 Million, Equipment Forfeited Over Illegal Broadcasting

KAMPALA, Uganda — The Chief of Strategy at TV10 Gano Mazima, Dean Lubowa Ssaava, has been fined Shs4 million and ordered to forfeit all broadcasting equipment after pleading guilty to operating without a licence issued by the Uganda Communications Commission (UCC).The case highlights the

Ultimate Uganda

Kabaka Seeks Eviction of UPDF Barracks, Radar Centre in Multi-Trillion Shilling Land Dispute

Kabaka Seeks Eviction of UPDF Barracks, Radar Centre in Multi-Trillion Shilling Land Dispute

Mukono – The High Court has consolidated several land cases filed by the Kabaka of Buganda against 12 district local governments and the Attorney General into one major suit to be heard in Mukono.In a ruling delivered recently, Justice Stephen Mubiru ordered that seven civil suits filed

Ultimate Uganda

Police rescue 10 girls from traffickers in Bushenyi, arrest two suspects

Police rescue 10 girls from traffickers in Bushenyi, arrest two suspects

Bushenyi, Uganda | THE INDEPENDENT | Police in Bushenyi are holding two suspects in connection with alleged human trafficking.Apollo Tayebwa, the Greater Bushenyi Police spokesperson, said ten girls aged between 18 and 22 — most of them Senior Four leavers — were rescued on Friday nigh

Ultimate Uganda

URA finally bows to pressure, removes downtown tax office kiosk

URA finally bows to pressure, removes downtown tax office kiosk

The decision followed hours of intense debate online where some social media users accused the tax body and KCCA of double standards, having removed similar structures owned by traders and vendors in the city center.The Uganda Revenue Authority (URA) has announced it will remove its contro

Ultimate Uganda

Nsibambi’s Defection to NRM – After Losing His Parliamentary Bid

Nsibambi’s Defection to NRM – After Losing His Parliamentary Bid

Former Bukedia County MPWhat pressures or incentives influenced Yusuf Nsibambi’s decision to switch sides? And what price will he pay? For years, Nsibambi was regarded as one of the opposition’s most reliable minds on law and governance—articulate, grounded, and often a pillar on mat

Ultimate Uganda

UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy

UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy

The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur

Ultimate Uganda

Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Executive Committee, strengthening the Bank’s leadership as it accelerates its digital transformation agenda.Mukuru

Ultimate Uganda

Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp

Ultimate Uganda

URA recovers Shs1 billion in fines from smuggled electronics

URA recovers Shs1 billion in fines from smuggled electronics

MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r

Ultimate Uganda