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Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable

Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable

Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc

Ultimate Uganda

NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes

NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes

The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str

Ultimate Uganda

New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked

New Audit Report: Money collected at Uganda Airlines’ Juba office was Never banked

Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak

Ultimate Uganda

PANIC AT NAGURU! Next Media Staff Brace for Axe as Secret Memo Sparks Fear

PANIC AT NAGURU! Next Media Staff Brace for Axe as Secret Memo Sparks Fear

Fear and whispered panic have gripped Next Media Services headquarters in Naguru after an internal memo hinted at a fresh round of restructuring that could leave dozens jobless.The memo, dated January 10, has sent shockwaves through the multi-media giant after management announced it was e

Ultimate Uganda

Airlines And Bamuturaki Come To Bite As She Steps Down

Airlines And Bamuturaki Come To Bite As She Steps Down

The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation

Ultimate Uganda

NOBODY LISTENED: Joel Ssenyonyi’s Alarms Over Uganda Airlines And Bamuturaki Come To Bite As She Steps Down

NOBODY LISTENED: Joel Ssenyonyi’s Alarms Over Uganda Airlines And Bamuturaki Come To Bite As She Steps Down

The Uganda Airlines stands straight as one of Uganda’s loss making Government Entities with losses of around Shs230billions despite the huge capitation just like the New Vision which is also swimming in losses for the last four years.Issues of mismanagement and incompetence at the Nation

Ultimate Uganda

Corruption by NRM Flag Bearers Created Room for Bobi Wine to Win in Serere District

Corruption by NRM Flag Bearers Created Room for Bobi Wine to Win in Serere District

Serere District, in the wider Teso region, turned out to be one of the areas where the National Unity Platform (NUP) presidential candidate, Robert Kyagulanyi, aka Bobi Wine, performed strongly, winning about 13,000 votes, although President Museveni defeated him by a small margin.The stro

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Why Museveni is Firing Uganda Airlines CEO Jenifer Bamuturaki

Why Museveni is Firing Uganda Airlines CEO Jenifer Bamuturaki

Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the

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Museveni halts Central Bank directive on Sacco licensing

Museveni halts Central Bank directive on Sacco licensing

President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc

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Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

Ultimate Uganda