Search Results

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure:

Uganda Clays may have bought time, but not certainty. Beneath the return to profit lies a balance sheet still under strain, propped up by deferred obligations and a partially unsecured NSSF loan. Its recovery, while visible, remains fragile. The real test will come when repayments begin, when imp

Ultimate Uganda

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges

PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P

Ultimate Uganda

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds

Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l

Ultimate Uganda

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell

Ultimate Uganda

The geography of power and the price of ignorance

The geography of power and the price of ignorance

When commenting on the 1980–1988 Iraq–Iran war, Henry Kissinger once remarked that it was “a pity both sides can’t lose”. It was a chilling distillation of a worldview in which distant conflicts are not tragedies to be resolved, but instruments to be managed. Alongside Zbigniew Brzezins

Ultimate Uganda

Alex Muhangi Is Broke, No Longer Affords Me – MC Kapale

Alex Muhangi Is Broke, No Longer Affords Me – MC Kapale

MC Kapale has returned to the country after spending several years in the United States and is now looking to revive his comedy career.Speaking in an interview with a local YouTuber, Kapale revealed that he plans to organize his own comedy shows and is no longer interested in performing at

Ultimate Uganda

UCC boss engages singer Wegoso after ‘Mukube Paver’ song ban

UCC boss engages singer Wegoso after ‘Mukube Paver’ song ban

am pleased to share that we have reached a constructive path forward. UCC is not here to frustrate talent but to ensure ‘sanity’ within our airwaves‎The Executive Director of the Uganda Communications Commission (UCC), Nyombi Thembo, has Thursday met musician Arafat Kasule alias Dyna

Ultimate Uganda

Mildred Tuhaise leaves NBS after 11 years of impactful journalism

Mildred Tuhaise leaves NBS after 11 years of impactful journalism

Kampala, Uganda: Celebrated Ugandan journalist Mildred Tuhaise “called it quits” from NBS Television, ending an 11-year stint that cemented her as one of the country’s most influential broadcast voices.While announcing her departure from the Naguru-based TV station, Tuhaise described

Ultimate Uganda

Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'

On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g

Ultimate Uganda

Ministries warn of service delivery crisis over budget shortfalls

Ministries warn of service delivery crisis over budget shortfalls

Government officials who attendef the National Performance Review Conference at MunyonyoSector ministries have raised concern over inadequate budget funding, warning that it is undermining service delivery across the country.The concerns were raised during an ongoing three-day Natio

Ultimate Uganda