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Garuga Was a Visionary Entrepreneur Who Created Jobs for Young People – Besigye

Garuga Was a Visionary Entrepreneur Who Created Jobs for Young People – Besigye

Salaam Musumba reading Besigye's speech at Garuga's burial in Kanungu district on Monday.Veteran opposition leader and former presidential candidate Dr. Kizza Besigye has paid tribute to the late businessman James Garuga Musinguzi, describing him as a vis

Ultimate Uganda

High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims

High Court upholds Equity Bank’s $10m loan against Simbamanyo, dismisses fraud claims

Simbamanyo house which was acquired by tycoon Sudhir Ruparelia.The Commercial Division of the High Court has dismissed a high-profile legal challenge filed by Simbamanyo Estates Limited, ruling that the $10 million post-import loan facility extended to Eq

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Tycoon Meddie Ssebagala’s Electronics Empire Faces Collapse Over Shs 1.2 Billion DTB Loan

Tycoon Meddie Ssebagala’s Electronics Empire Faces Collapse Over Shs 1.2 Billion DTB Loan

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

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Gen Salim Saleh In-Law Barnabas Bwaniaga Dares M7 on Balaalo Eviction, Calls for Thorough Background Check Instead

Gen Salim Saleh In-Law Barnabas Bwaniaga Dares M7 on Balaalo Eviction, Calls for Thorough Background Check Instead

Veteran commentator, Barnabas Taremwa Bwaniaga a has called on the President of Uganda Yoweri Museveni to issue an executive order to audit all land titles in northern Uganda, warning that many of them were fraudulently acquired and continue to fuel conflic

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The Rise And Fall Of The Aponye Business Empire: From Agro Giant To Debt Distress

The Rise And Fall Of The Aponye Business Empire: From Agro Giant To Debt Distress

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

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Museveni Orders Govt Bailout for Late Aponye’s Business Empire

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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Tycoon Mbire’s MTN Uganda shares Recover, Rise toward $70 million

Tycoon Mbire’s MTN Uganda shares Recover, Rise toward $70 million

Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing

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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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Empire in the Sky: How Africa’s Digital Future Is Being Colonised Again

Empire in the Sky: How Africa’s Digital Future Is Being Colonised Again

It begins with a promise. A satellite dish on a tin roof. A blinking terminal in the middle of rural Kisii. Suddenly, a boy can watch a YouTube video without buffering.A teacher downloads a lesson plan in seconds. A clinic sends health records to the capital without delay. It feels like th

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Court of Appeal Strips Tycoon Mohan Kiwanuka of Business Control Over Mental Health Concerns

Court of Appeal Strips Tycoon Mohan Kiwanuka of Business Control Over Mental Health Concerns

The Court of Appeal has stripped city tycoon Mohan Musisi Kiwanuka of his managerial powers over a vast business empire, citing mental illness as the overriding factor behind its latest decision.The ruling, delivered this week, marked a turning point in a years-long legal and familial batt

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