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How MP Magoola Deals Cost Alex Mufumbiro’s Wife Good Bank Job

How MP Magoola Deals Cost Alex Mufumbiro’s Wife Good Bank Job

Until 2012, Edith Katende Nakitende Nabunya served as a high-flying manager at Standard Chartered Bank in Kampala. She was in the department of customer relations.Her work was taking care of high profile clients who had billions on their accounts. Real estates tycoon Emmanuel Matovu Magool

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How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

How Financial Discipline Helped Nankya Build a Multi-Million Hardware in a Few Years

Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it

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Mukono Traders Relocated After Eviction, Raise Concerns Over New Market Conditions

Mukono Traders Relocated After Eviction, Raise Concerns Over New Market Conditions

Authorities in Mukono Municipality have relocated traders to a new site following their eviction from Kame Valley Market, sparking mixed reactions over the suitability of the new location.The relocation follows a two-day operation conducted last week, during which municipal enforcement off

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Stop Asking the Rich for Money, Try This Instead

Stop Asking the Rich for Money, Try This Instead

There is a silent pattern that plays out every single day, especially in our part of the world. The moment someone is perceived to have money—whether they are actually rich or just slightly better off—their phone changes purpose. It stops being a communication tool and becomes a request cente

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Coca-Cola drags distributor to court, wins Shs 412 million

Coca-Cola drags distributor to court, wins Shs 412 million

Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract.Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Ma

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UEDCL records Shs1.71t revenue in first year of power distribution takeover

UEDCL records Shs1.71t revenue in first year of power distribution takeover

Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo

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Iran's largest steelmaker appeals to global industry bodies after strike kills workers

Iran's largest steelmaker appeals to global industry bodies after strike kills workers

Iran's largest steelmaker appeals to global industry bodies after strike kills workersintellinews.com3hIran's largest steelmaker appeals to global industry bodies after strike kills workersMobarakeh Steel Group, the largest steel producer in the Middle East and North A

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How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the country’s push toward a digital economy.Mobile money has revolutionized

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Businessman paid Be Forward Shs 31 million for a car. 12 years later, he’s still waiting for it

Businessman paid Be Forward Shs 31 million for a car. 12 years later, he’s still waiting for it

In October 2014, Arben Pajaziti, a Kampala businessman, agreed with Be Forward Ltd, a vehicle importation firm, to buy a car worth Shs 31 million.The vehicle was to be shipped to Kampala under cost, insurance, and freight (CIF) terms.Under the arrangement, Pajaziti paid the full pur

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Son kills mother, buries her inside house after dispute over family land

Son kills mother, buries her inside house after dispute over family land

Iganga, Uganda: Police in Busoga East have launched a manhunt for a man accused of hacking to death and secretly burying his biological mother in Bulamagi Sub-county, Iganga District, in what investigators believe was a dispute over land ownership.The suspect, identified as Anthony Kalulu,

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