Simbamanyo house which was acquired by tycoon Sudhir Ruparelia.The Commercial Division of the High Court has dismissed a high-profile legal challenge filed by Simbamanyo Estates Limited, ruling that the $10 million post-import loan facility extended to Eq
Shoprite Uganda was acquired by CarrefourKampala, Uganda | The Tax Appeals Tribunal (TAT) has ruled that Shoprite Checkers (U) Limited is liable to pay Shs 1,354,624,690 in Value Added Tax (VAT) to the Uganda Revenue Authority (URA),
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
More than 1,500 UPDF officers have successfully registered for national identification as the National Identification and Registration Authority (NIRA) concluded a weeklong exercise at the 3rd Infantry Division headquarters in Karamoja.The exercise, which focused on renewals and new r
Buganda Land Board and clan leaders have agreed to deepen cooperation in managing cultural land following a consultative meeting that emphasized legal awareness, documentation, and the preservation of heritage land within the Kingdom.The meeting, held as part of the monthly council of clan
Kenya has become a key hub for smuggling and resale of gold sourced from South Sudan, Sudan, and the Democratic Republic of Congo, according to a recent report by SwissAid.Over the past decade, Kenya’s role in the illicit gold trade has expanded significantly, with much
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
The government has launched the National Climate Change Mechanisms Regulation, a key milestone in the country's efforts to operationalise Article 6 of the Paris Agreement and tap into the growing global carbon market.Unveiled by the Ministry of Water and Environment at its headquarters in
Absa Bank Uganda has launched a new customer campaign, Play Your Cards Right, which will reward 14 lucky winners with cash prizes totaling shs200 million.Running from June to August 2025, the campaign is open to all Absa debit and credit cardholders, bothpersonal and business, local
When David Mulaliira first weighed the risks of launching a soft‑drink distribution business, he knew he needed a partner whose reputation spoke for itself.As owner of Vinegarden Enterprises dealing in school supplies, construction materials, and consulting services, he had built small s
