Prominent businessman Muhammed Ssebagala, proprietor of Ssebagala & Sons and owner of the Light of the World Electrical Shops in Kiyembe, is staring at the collapse of his once-thriving electronics empire as financial troubles deepen.Court bailiffs, a
For decades, the name Aponye stood tall in Uganda’s business circles, synonymous with agro-processing success, expansive real estate investments, and strategic government supply contracts.Founded by the late Apollo Nyegamehe, commonly
NSSF Pension TowersUganda is witnessing a dramatic shift in its urban landscape. Kampala, the nation’s capital, is rapidly expanding, with modern skyscrapers increasingly defining its skyline.Among the most prominent structures is the NSSF Pensio
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
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
The animals, often seen roaming freely through streets, markets, and residential areas, have become a major inconvenience, disrupting traffic and businesses while also causing property damage.The increasing presence of stray goats and cows in Soroti City has rais
Using a court order and court bailiffs (of Mutesasira Associates), Minister Balaam Barugahara has become the owner of part of the BMK estate. He is particularly moving to have a huge apartment block located along Plot 46 Mulamula road in Buziga sold off via publ
Jim Spire Ssentongo has highlighted significant issues faced by a retired employee in his dealings with the Uganda Revenue Authority (URA), bringing attention to the challenges retirees encounter within bureaucratic systems.
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur
