Business •
12 Mar '25
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
Business •
06 Feb '25
Reports reaching our desk indicate that an Indian external auditor, hired by Tembo Steel chairman Mr. Sanjay Awasthi, has mysteriously died inside the Tembo Steel Factory.Mr. Dignish, a renowned auditor from India
Business •
07 Jan '25
David Kalemera, the embattled head of Uganda’s State House Revenue Intelligence Unit, has been relieved of his position and reassigned to the Ministry of Foreign Affairs.This decision comes less than a year afte
Business •
03 Jan '25
Seoul, South KoreaCNN — South Korean investigators have suspended efforts to enforce an arrest warrant for embattled President Yoon Suk Yeol on Friday, hours into a standoff in which authorities tried to detain the leader following his short-lived martial law d
Business •
20 Nov '24
The phrase “only a fool trusts his life to a weapon” means that trusting one’s life to a weapon is something only a fool would do.In the Bible, Proverbs defines a fool as someone who denies God’s auth
Business •
29 Oct '24
National Insurance Corporation (NIC) Club Manager Jocelyn Ucanda was declared the new Netball Uganda president in a general assembly held in Lugogo on Saturday. Ucanda and four other executive members including the first vice president administration William Bwambale, second vice presi
Business •
07 Oct '24
The National Council for Higher Education (NCHE) has said it will not recognise the academic credentials of at least 2,025 students who have been studying at the Iganga-based Busoga University. The university’s licence was revoked by the NCHE seven years ago for allegedly lacking quali
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
Business •
24 Sep '24
Iganga-based Busoga University is conducting lectures despite the revocation of its licence seven years ago, Daily Monitor has learnt. The University, which was founded in 1999, had its licence revoked in 2017 by the National Council for Higher Education (NCHE) for allegedly lacking qu
Business •
19 Sep '24
With their backs against the wall, sixt-time league winners Vipers face a do-or-die moment as they prepare for a crucial showdown with Baker Mbowa's rejuvenated Express on Thursday at St Mary's Stadium Kitende. After a dismal 3-1 defeat to Nec on Sunday that left fans in disbelief, dr