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Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

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

Ultimate Uganda

Asan Kasingye Warns Against Abuse of Power After Museveni Banned Police Bond

Asan Kasingye Warns Against Abuse of Power After Museveni Banned Police Bond

Former Assistant Inspector General of Police Asan Kasingye has raised concerns over the potential misuse of President Museveni's directive banning police bonds.In a detailed statement on X, Kasingye warned that so

Ultimate Uganda

‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

Ultimate Uganda

Refinery negotiations still ongoing, Ugandan job seekers urged to be patient

Refinery negotiations still ongoing, Ugandan job seekers urged to be patient

Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on.State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and

Ultimate Uganda