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Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory

Moroto: Uganda Moves to Cut Clinker Importation as Museveni Commissions Yaobai Factory

President Yoweri Kaguta Museveni, in the company of the Former Prime Minister of Ethiopia, H.E Hailemariam Desalegn Boshe, has today presided over the commissioning of Phase One of a 6,000-tonne cement clinker production line by Yaobai Cement. The facility is located in Nanduget , Moroto District

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French court to rule on Lafarge funding of Syria jihadists

French court to rule on Lafarge funding of Syria jihadists

Lafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northern SyriaLafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northe

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Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

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REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o

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Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced Tuesday by

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

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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How Museveni’s Most Trusted Minister Built a Business Empire in the Shadows

How Museveni’s Most Trusted Minister Built a Business Empire in the Shadows

Balaam Barugahara Ateenyi, commonly known as Balaam, has been a prominent figure in Uganda's business and political spheres.Born on July 28, 1979, in Mbarara, Uganda, Balaam's journey from humble beginnings to becoming a trusted minister under President Yoweri Museveni is both inspiring an

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Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

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Dr. Sudhir to Highlight entrepreneurial Success at UK-Africa investment Summit in London

Dr. Sudhir to Highlight entrepreneurial Success at UK-Africa investment Summit in London

Dr Sudhir will share his business success at the UK-Africa investment summit in LondonThe UK-Africa Investment Summit, set to take place this month, will see the presence of one of East Africa’s most influential business figures, Dr. Sudhir Ruparelia, f

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Have you ever dreamed about what life as a billionaire might be like?

Have you ever dreamed about what life as a billionaire might be like?

The CEO of the Largest Luxury Brands in the World goes about His Daily Business.Imagine being in Bernard Arnault's position. He is the CEO of Louis Vuitton also known as LVMH 

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