Search Results

Ugandan woman opens late grandfather’s inheritance to find stash of old demonetised banknotes

Ugandan woman opens late grandfather’s inheritance to find stash of old demonetised banknotes

Ugandan woman has sparked stunned social media this weekend, revealing that money left to her by her late grandfather turned out to be a stash of old banknotes that are no longer in circulation.The woman, who identifies herself as “La Trophy” on TikTok, shared her experience in a video

Ultimate Uganda

Centenary Bank makes hushed leadership changes

Centenary Bank makes hushed leadership changes

Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon

Ultimate Uganda

Govt moves to block conversion of leasehold to freehold on state land

Govt moves to block conversion of leasehold to freehold on state land

Government through the Ministry of Lands, Housing, and Urban Development (MLHUD), is pushing for suspension of conversion of government land from leasehold to freehold tenure.The revelation comes after Uganda Land Commission (ULC) chairperson Prof. Nyeko Pen-Mogi sounded an alarm to the la

Ultimate Uganda

Court Orders Roko to Pay Shs 3.92bn in Construction Dispute

Court Orders Roko to Pay Shs 3.92bn in Construction Dispute

The High Court has ordered Roko Construction Limited to pay USD 1,059,350.84 (Shs 3.92bn) to Mehta Electricals Ltd for unpaid electrical equipment and installation works carried out on several projects.The dispute stems from sub-contracts awarded in May 2016, when Mehta Electricals Ltd was

Ultimate Uganda

Sovereignty Bill Criticism Is Misguided, Says Nsibambi

Sovereignty Bill Criticism Is Misguided, Says Nsibambi

The emotional reactions to the bill misrepresent it. It’s very difficult for the common man to fully understand the bill’s gist. It’s our responsibility as elites to explain to the public the full purpose of the bill.Former FDC deputy president argues opposition to proposed law is dr

Ultimate Uganda

Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

Reinvent or Become Irrelevant: Kabushenga Urges Early Reinvention as Procurement Leaders Call for Practical Reform

L–R: Robert Kabushenga, Commissioner Isaac Kyaligonza, Asst. Commissioner Erukwaine Godfrey, Nicholas Kabanda and David Amolo share insights during the IPPU Coffee Connect at Fairway Hotel, where leaders challenged procurement professionals to embrace career reinvention, practical decision-maki

Ultimate Uganda

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey

As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h

Ultimate Uganda

Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa

Ultimate Uganda

Wife, son fight over South African property of late Sewava, founder of Sir Apollo Schools

Wife, son fight over South African property of late Sewava, founder of Sir Apollo Schools

The High Court has thrown out a counterclaim in a commercial dispute involving money, property abroad, and the estate of Hajj Musa Sewava, a deceased businessman who founded Sir Apollo Schools in Uganda.Sewava’s son, Habib Namakajjo, had sued one of the wives of the late businessman, Mad

Ultimate Uganda

Weasel Manizo Summoned by Police Over Alleged Stabbing Incident

Weasel Manizo Summoned by Police Over Alleged Stabbing Incident

Singer Weasel Manizo is the center of controversy after one Sammy Amanya accused him of stabbing him and driving him to the hospital.Sammy, who was in his hospital bed, narrated to Sanyuka TV viewers, revealing that the incident happened on 19th January, when he went to Weasel’s home to

Ultimate Uganda