Business •
28 Mar '25
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Business •
28 Mar '25
Kinshasa — The Democratic Republic of Congo (DRC) has officially announced a significant increase in the salaries of its armed forces and national police, in a move widely seen as a response to mounting pressure over corruption in the security sector and wides
Business •
18 Mar '25
Uganda is one of the top 26 countries that face significant risks due to the reductions in U.S. foreign aid, particularly impacting health sector financing.According to an analysis from the Washington, D.C.-based
Business •
14 Mar '25
General Muhoozi Kainerugaba, the newly appointed Chief of Defence Forces (CDF) of Uganda, holds one of the most powerful positions in the Uganda People’s Defence Forces (UPDF).His salary, estimated at UGX 15 mil
Business •
12 Mar '25
Rebecca Kadaga, a prominent Ugandan politician and lawyer, has built an impressive portfolio of assets over the years.Her lifestyle reflects her success and influence in Ugandan politics. Kadaga's wealth is evident in her properties, luxury cars, and various investments.Kadaga owns
Business •
12 Mar '25
Kizza Besigye, a prominent Ugandan politician, physician, and former military officer, has amassed a notable amount of wealth over the years. His net worth is estimated to be between $100,000 and $1 million.Besigye's journey to wealth began with his education at Makerere University, where
Business •
12 Mar '25
Balaam Barugahara Ateenyi, commonly known as Balaam, has been a prominent figure in Uganda's business and political spheres.Born on July 28, 1979, in Mbarara, Uganda, Balaam's journey from humble beginnings to becoming a trusted minister under President Yoweri Museveni is both inspiring an
Business •
12 Mar '25
President Yoweri Museveni of Uganda, one of Africa's longest-serving leaders, has amassed significant wealth over his decades in power.His wealth is reflected in his luxurious properties, extensive business ventures, and substantial investments.Museveni's most notable property is hi
Business •
12 Mar '25
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Business •
12 Mar '25
General Caleb Akandwanaho, widely known as Salim Saleh, is a prominent figure in Uganda's political and economic landscape.As the younger brother of President Yoweri Museveni, Saleh has wielded significant influence in shaping the country's economic policies and development strategies.