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Museveni Orders Govt Bailout for Late Aponye’s Business Empire
Business • 03 Jul '25

Museveni Orders Govt Bailout for Late Aponye’s Business Empire

President Museveni has directed Prime Minister Robinah Nabbanja to spearhead a government-led intervention to rescue the ailing business empire of the late tycoon Apollo Nyegamehe, widely known as Aponye, whose death in 2023 left his companies facing severe financial distress.In a letter d

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Aponye 's Iconic Ugandan Business Conglomerate Faces Auction Two Years After Founder’s Death
Business • 03 Jul '25

Aponye 's Iconic Ugandan Business Conglomerate Faces Auction Two Years After Founder’s Death

The Aponye Group, once one of Uganda’s most formidable agro-processing and manufacturing empires, has collapsed just two years after the death of its founder, Apollo Nyegamehe. The group’s properties are now being auctioned off to recover debts, signaling th

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