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PRIME What EABL’s offer to fully own UBL means

PRIME What EABL’s offer to fully own UBL means

Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.

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How Ndere fell deep into Shs10bn debt

How Ndere fell deep into Shs10bn debt

A few days ago, Quickway Auctioneers and Court Bailiffs listed for public auction, three properties including Ndere Cultural Centre, a well-known institution for cultural preservation and education, due to an unpaid loan.The public notice indicated that Ndere Cultural Centre, sp

Ultimate Uganda

Nina Roz avoids clarifying Kenzo’s claims about receiving Federation cash

Nina Roz avoids clarifying Kenzo’s claims about receiving Federation cash

Nina Roz remained evasive during her appearance on Sanyuka TV when asked to address claims by Eddy Kenzo that she received money from the SACCO managed by the Uganda National Musicians Federation, where she once served as 

Ultimate Uganda

Over 12,000 Gen Zs join graft fight

Over 12,000 Gen Zs join graft fight

Some of the anti-graft protesters who were charged at Buganda Road Court and remanded to Luzira Prison on July 23, 2024. Photo | Abubaker LubowaSeveral hundreds of Gen Zs on July 27, participated in virtual and physical protests over rising corruptio

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When Oprah Winfrey's Stepmom Said She Was Kicked Out of $1.4M Home By Her: "Robbed Me of My Husband"

When Oprah Winfrey's Stepmom Said She Was Kicked Out of $1.4M Home By Her: "Robbed Me of My Husband"

Cover Image Source: Getty Images| Photo by Greg Doherty; (inset) Photo by Adriane JaeckleIn the 2000s, Barbara Winfrey married Vernon, Oprah

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Refinery negotiations still ongoing, Ugandan job seekers urged to be patient

Refinery negotiations still ongoing, Ugandan job seekers urged to be patient

Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on.State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and

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MTN seeks to separate mobile money business from listed company

MTN seeks to separate mobile money business from listed company

MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, which is being spearheaded at Group level, MTN says is part of its Ambition 2025 t

Ultimate Uganda

Ex-president Obote’s son job at KCCA hangs in balance

Ex-president Obote’s son job at KCCA hangs in balance

As we report, things are likely to turn south for Dr. Daniel Ayen Okello, the son of the former Uganda’s President Dr. Milton Obote (RIP).According to highly placed sources at Kampala Capital City Authority (KCCA), Dr. Okello’s re-appointment as the D

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How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

Bill Gates may be the world's fifth-richest person, but he doesn't plan to stay that way forever.The Microsoft cofounder said in 2022 that he "will move down and eventually off of the list of the world's richest people" as he 

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How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

Bill Gates may be the world's fifth-richest person, but he doesn't plan to stay that way forever.The Microsoft cofounder said in 2022 that he "will move down and eventually off of the list of the world's richest people" as he 

Ultimate Uganda