Business •
12 Mar '25
Kizza Besigye, a prominent Ugandan politician, physician, and former military officer, has amassed a notable amount of wealth over the years. His net worth is estimated to be between $100,000 and $1 million.Besigye's journey to wealth began with his education at Makerere University, where
Business •
12 Mar '25
Several Ugandan ministers have amassed significant wealth, allowing them to own multi-million dollar homes abroad. These luxurious properties reflect their status and success, often sparking public interest and scrutiny.One notable example is Captain George Mike Mukula, the National Resist
Business •
12 Mar '25
President Yoweri Museveni of Uganda, one of Africa's longest-serving leaders, has amassed significant wealth over his decades in power.His wealth is reflected in his luxurious properties, extensive business ventures, and substantial investments.Museveni's most notable property is hi
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
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09 Oct '24
Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made during a lengthy parliamentary session, with 281 members voting in favor of the impeachment, while 44 opposed it, and one member abstained.
Business •
07 Oct '24
Deputy President Rigathi Gachagua, who is on the verge of being kicked out of office through impeachment, has appealed to his boss, President William Ruto, for forgiveness. Mr Gachagua on Sunday made a passionate appeal to Dr Ruto, saying while he was not aware of any transgressions, he
Business •
06 Oct '24
Embattled Kenyan Deputy President (DP) Rigathi Gachagua on Thursday made a last-ditch attempt to block an impeachment vote against him in the National Assembly, with more than 10 petitions filed in different courts challenging the process. Members of Parliament are next Tuesday expected
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01 Oct '24
A Tunisian court sentenced presidential candidate Ayachi Zammel to 12 years in prison on Tuesday, amid growing opposition anger against President Kais Saied, whose critics accuse him of using the judiciary to sideline his opponents. It was the third prison sentence imposed on Zammel in t
Business •
18 Sep '24
KAMPALA, Uganda – The semi-finals of the 2024 Stanbic MatchPlay Challenge, featuring four pairings, were held at the lakeside par-71 Entebbe Golf club over the weekend in ideal sunny conditions.
Lillian Koowe and Joyce Kisembo’s fairytale run continued as they won their match 4/3. The tw
Business •
17 Sep '24
Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f