Search Results

The likely future of UEDCL

The likely future of UEDCL

FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th

Ultimate Uganda

Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

Ultimate Uganda

	Billions Requested by UPDF as Additional Funding to Facilitate South Sudan Peacekeeping Operation

Billions Requested by UPDF as Additional Funding to Facilitate South Sudan Peacekeeping Operation

The Uganda People's Defense Force (UPDF) has formally requested an additional Shs 39.1 billion to support its recently launched peacekeeping operation in South Sudan.The request, presented to the Parliamentary Com

Ultimate Uganda

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

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

Ultimate Uganda

Charles Mbire pays Shs 5 million in Taxes per Day  to URA

Charles Mbire pays Shs 5 million in Taxes per Day to URA

Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll

Ultimate Uganda

Police officer steals Colleague's Money, Abandons A Gun Inside His House, Goes Into Hiding

Police officer steals Colleague's Money, Abandons A Gun Inside His House, Goes Into Hiding

Police Detectives attached to Marine Unit in Katosi detach are looking for one of their colleagues over allegations stealing money from a colleague before dumping his gun inside his house and going into hiding.The

Ultimate Uganda

Absa expands card portfolio with launch of exclusive Visa infinite, signature, business cards

Absa expands card portfolio with launch of exclusive Visa infinite, signature, business cards

Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers.The Infinite Card, a globally recognized ultra-premium debit or credit card,

Ultimate Uganda

Spiro partners with Airtel Money to ease electric motorcycle financing

Spiro partners with Airtel Money to ease electric motorcycle financing

Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under this new initiative, anybody connected to Airtel will be in position to initiate the whole process of obtaining a new m

Ultimate Uganda

Arua City Secures Shs4.8bn for Displacement-Affected Communities

Arua City Secures Shs4.8bn for Displacement-Affected Communities

The project, funded by the European Union through Cities Alliance, is being implemented in partnership with Associazione Centro Aiuti Volontari.Arua City Council has secured Shs4.8 billion for the implementation of the Sustainable Urban Integration of Displacemen

Ultimate Uganda

MPs impressed by construction progress of UPDF national referral hospital

MPs impressed by construction progress of UPDF national referral hospital

Members of Parliament from the Defence and Internal Affairs Committee have expressed appreciation for the construction progress of UPDF National Referral Hospital, which stands at 93% completion.This was as the committee delegation led by Wilson Kajwengye, MP for Nyabushozi County, embarke

Ultimate Uganda