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Museveni Orders Govt Bailout for Late Aponye’s Business Empire

Museveni Orders Govt Bailout for Late Aponye’s Business Empire

President Museveni has directed Prime Minister Robinah Nabbanja to spearhead a government-led intervention to rescue the ailing business empire of the late tycoon Apollo Nyegamehe, widely known as Aponye, whose death in 2023 left his companies facing severe financial distress.In a letter d

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Gulu University Officials Arrested Over Sh530 Million Financial Loss

Gulu University Officials Arrested Over Sh530 Million Financial Loss

Four officials from Gulu University, among them Accounting Officer David Obol Otori, have been arrested on the orders of the Public Accounts Committee (PAC) of Parliament after being implicated in a Sh530 million financial loss to the Government.The arrests were made at Parliament followin

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Tycoon Mbire’s MTN Uganda shares Recover, Rise toward $70 million

Tycoon Mbire’s MTN Uganda shares Recover, Rise toward $70 million

Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing

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Aponye 's Iconic Ugandan Business Conglomerate Faces Auction Two Years After Founder’s Death

Aponye 's Iconic Ugandan Business Conglomerate Faces Auction Two Years After Founder’s Death

The Aponye Group, once one of Uganda’s most formidable agro-processing and manufacturing empires, has collapsed just two years after the death of its founder, Apollo Nyegamehe. The group’s properties are now being auctioned off to recover debts, signaling th

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Hongera Saana, Security Agencies to Offer Free GPS Trackers to Boda Bodas

Hongera Saana, Security Agencies to Offer Free GPS Trackers to Boda Bodas

Hongera Saana Uganda, an initiative under the Office of the President aimed at curbing violent extremism has partnered with security agencies to distribute free motorcycle tracking devices to riders across the country.The initiative is being implemented in collaboration with the

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Tension as Kasese Man Shows Up Late to His Own Funeral

Tension as Kasese Man Shows Up Late to His Own Funeral

Tension! In a bizarre turn of events, a man from Kasese, Uganda, left both his family and community in shock after he showed up late to his own funeral. The incident, which could easily be mistaken for a scene from a supernatural thriller, left locals bewildered

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Five Soldiers Reportedly Perish In UPDF Helicopter Crash

Five Soldiers Reportedly Perish In UPDF Helicopter Crash

As a cloud filled with smoke hovers above the Aden Ade International Airport in Somali capital Mogadishu. Details coming in indicate that 5 UPDF officers have perished in the helicopter crash which involved a Ugandan military chopper.The helicopter was pa

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Man City face Club World Cup 'disaster' Pep Guardiola fears could 'destroy' their season

Man City face Club World Cup 'disaster' Pep Guardiola fears could 'destroy' their season

Pep Guardiola fears Manchester City will suffer after-effects from the Club World Cup (Image: Getty Images)Pep Guardiola has admitted his

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Bagala Boosts Women’s Economic Power with 10,000-Chicken Giveaway Across Mityana

Bagala Boosts Women’s Economic Power with 10,000-Chicken Giveaway Across Mityana

MITYANA- Mityana District Woman Member of Parliament, Joyce Bagala Ntwatwa, has distributed 10,000 chickens that are one month old to women across 17 sub-counties, including Maanyi, Malangala, Ssekanyonyi, Namungo, Busimbi, and others.The poultry distribution initiative, w

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PDM: A New Dawn or Another Cycle?

PDM: A New Dawn or Another Cycle?

Uganda’s Parish Development Model (PDM) aims to break the cycle of poverty by focusing development efforts at the parish level, with a promise of Shs100 million annually per parish to boost household incomes.While early success stories show promise, lingering concerns over fund delays, p

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