Search Results

Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda set to issue first sovereign sukuk to partly finance $3.16bn Kampala-Malaba railway

Uganda is preparing to issue its first sovereign sukuk as part of efforts to finance the construction of a standard gauge railway (SGR) linking Kampala to the Kenyan border town of Malaba, marking the country’s entry into Islamic capital markets, Ecofin Agency reports.The Ministry of Fin

Ultimate Uganda

354 MPs Sworn in as Rain and Political Rhetoric Define Day Two

354 MPs Sworn in as Rain and Political Rhetoric Define Day Two

Amelia Kyambadde returned to Parliament as Mawokota North MPA total of 170 Members of Parliament-elect were sworn in on Thursday, bringing the cumulative number to 354 as heavy rain, military precision and renewed Speakership ambitions shaped the second day of Uganda’s 12th Parliament sw

Ultimate Uganda

How Museveni defeated rebels in W. Nile, Buganda

How Museveni defeated rebels in W. Nile, Buganda

The rebellions that confronted President Museveni after 1986 were not confined to Acholi, Teso or the eastern border areas. Along Uganda’s western and north-western frontiers, the NRM government faced insurgencies shaped by exile politics, cross-border sanctuaries, regional wars, and gri

Ultimate Uganda

Museveni at 81: Uganda’s 40-year political paradox

Museveni at 81: Uganda’s 40-year political paradox

When Yoweri Kaguta Museveni first emerged from the bush in January 1986, Uganda was exhausted by coups, economic collapse and years of violent political instability.At 41, he looked nothing like the ageing strongmen who dominated African politics at the time. He spoke the language of “fu

Ultimate Uganda

Iran seizes assets of 'Asian Maradona' after former Bayern Munich star was branded a 'traitor' to his country for 'supporting the enemy'

Iran seizes assets of 'Asian Maradona' after former Bayern Munich star was branded a 'traitor' to his country for 'supporting the enemy'

Former Bayern Munich and Iran star Ali Karimi has reportedly had his assets seized by the Islamic Republic after apparent criticism of the regime in the country.Karimi, nicknamed the 'Asian Maradona' after Argentina legend Diego, played for Bayern Munich between 2005 and 2007, while he als

Ultimate Uganda

Leaders step in after woman houses two men in one-bedroom home

Leaders step in after woman houses two men in one-bedroom home

Residents of Makota Village in Kagoma Town Council, Jinja District, were left stunned after local leaders stepped into a domestic dispute where a woman had been living with two men in the same house and bed.The case involved 46-year-old Judith Babirye, who spent 10 months living with Steve

Ultimate Uganda

State House Anti Corruption Unit Cracks Down On UGX 2.2Bn Fertilizer Fraud, Businessman Arrested!

State House Anti Corruption Unit Cracks Down On UGX 2.2Bn Fertilizer Fraud, Businessman Arrested!

Kampala businessman has been arraigned before the Buganda Road Magistrate’s Court over an alleged multi-billion shilling fertilizer fraud that reportedly targeted an international company.The suspect, identified as Muwonge Ibrahim alias Ibra, was jointly arraigned this afternoon by the S

Ultimate Uganda

Museveni hosts regional leaders for state dinner at Speke Resort Munyonyo

Museveni hosts regional leaders for state dinner at Speke Resort Munyonyo

President Museveni, accompanied by his daughter Natasha Museveni Karugire, arrived at about 8:40pm to applause from dignitaries gathered for the ceremonial dinner, which was held under tight security at the lakeside Munyonyo resort.President Museveni and daughter Natasha Museveni Karugire

Ultimate Uganda

Commercial Court targets 320 banking cases in two-week mediation drive

Commercial Court targets 320 banking cases in two-week mediation drive

The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte

Ultimate Uganda

Kasubi Family school gets Shs 2bn uplift

Kasubi Family school gets Shs 2bn uplift

Dr Sikander Lalani signs off on artistic impression of the redevelopment plan of Kasubi Family SchoolKampala Capital City Authority (KCCA), in partnership with Roofings Group, has launched a Shs 2 billion project to redevelop Kasubi Family Primary School into a modern learning facility.

Ultimate Uganda