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Angola's Isabel dos Santos loses appeal against freezing order over assets

Angola's Isabel dos Santos loses appeal against freezing order over assets

Angolan billionaire Isabel dos Santos on Monday lost an appeal to overturn an order freezing up to 580 million pounds ($778 million) of her assets as part a lawsuit at London's High Court. Dos Santos – Africa's first female billionaire, whose father Jose Eduardo dos Santos ruled Ango

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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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Tense P Diddy interview with Wendy Williams resurfaces as they discuss her son

Tense P Diddy interview with Wendy Williams resurfaces as they discuss her son

Renowned TV host Wendy Williams spoke with now disgraced rapper P Diddy back in 2017, but what appeared to be an innocent chat about her son now looks completely different in fans' eyesAn awkward interview between 

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Over 500 families face displacement due to rising Lake Albert water levels

Over 500 families face displacement due to rising Lake Albert water levels

More than 500 families residing along the shores of Lake Albert in Hoima District are on the verge of displacement due to rising water levels, mirroring the devastating floods of 2020 and 2021. Residents of Fofo, Kijangi, Mbegu, Rwentali, Kaiso, and Kiryamboga landing sites in Buseruka a

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Lugogo rivals KCCA, Nec lay down the marker

Lugogo rivals KCCA, Nec lay down the marker

As the saying goes, well begun is half done, and that can't ring truer this StarTimes Uganda Premier League season.  After three matchdays have unfolded, KCCA and Nec - two sides sharing Lugogo Stadium - have laid down a marker, bossing the summit of the table and showing no signs of sl

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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The unending struggles of KCCA leadership

The unending struggles of KCCA leadership

First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA).  After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M

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Namasagali alumni eulogise Father Grimes with theatre performances

Namasagali alumni eulogise Father Grimes with theatre performances

Namusa-Gali, was a phrase used to mean greeting the train when the railway had just been constructed. Then, a small town along the Nile in Kamuli was a railway station; it is believed that the phrase Namusa-gali was used to coin the town’s name, later known as Namasagali. This name, it is

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Energy officials tasked by Museveni to lower electricity rates

Energy officials tasked by Museveni to lower electricity rates

The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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