Search Results

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

Should landlords limit the number of tenants?

Should landlords limit the number of tenants?

When Linda Namugerwa, a landlord in Nakawa, Kampala, rented a two-bedroom house to a family of five, she didn’t anticipate the challenges that would arise. The family soon brought in additional relatives, swelling the total number of occupants to nine. Within a few months, the incr

Ultimate Uganda

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2

Ultimate Uganda

Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

Ultimate Uganda

The new Ugandan tribes. How cool?

The new Ugandan tribes. How cool?

Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be

Ultimate Uganda

MPs slam CDF Muhoozi on the floor

MPs slam CDF Muhoozi on the floor

The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda

Ultimate Uganda

Political aspirations shattered

Political aspirations shattered

Political pilgrims seeking to enter the Promised Land of elected office have been left wandering in the desolate desert of uncertainty after their guide returned to base. For some of his followers in the Patriotic League of Uganda (PLU), the declaration by Gen Muhoozi Kainerugaba, who is

Ultimate Uganda

Well-wishers come to defiled toddler’s rescue after Monitor story

Well-wishers come to defiled toddler’s rescue after Monitor story

The Daily Monitor story about the plight of a two-year-old toddler, who was defiled by her 18-year-old uncle, has attracted more support after well-wishers who read the article came out to help her get medical attention. The September 18 story, under the headline, “Magistrate halts

Ultimate Uganda