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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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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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MTN Uganda plans mobile money spin-off

MTN Uganda plans mobile money spin-off

MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed

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ICT Ministry, MultiChoice Launch Digital Skilling Program for Public Communicators

ICT Ministry, MultiChoice Launch Digital Skilling Program for Public Communicators

The Ministry of ICT and National Guidance, in partnership with MultiChoice Uganda, has officially launched a nationwide Digital Skilling Programme for Government Communication Officers and unveiled Season 4 of the Ugandan Podcast—both initiatives marking a major milestone in Uganda’s digital

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Museveni Rallies Kitagwenda on Homestead Income

Museveni Rallies Kitagwenda on Homestead Income

President Museveni, accompanied by the First Lady and Minister of Education and Sports, Janet Museveni, has addressed a rally at Kichwamba Secondary School in Kitagwenda District, thanking residents for their cooperation in maintaining peace and rejecting rebel activities.He credited

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Secure the Ground Beneath You, Bishop Eggesa Warns Churches Amid Land Grabs

Secure the Ground Beneath You, Bishop Eggesa Warns Churches Amid Land Grabs

The Bishop of Bukedi Diocese, Rev. Samuel Bogere Eggesa, has urged all churches under his jurisdiction to urgently secure and formalise ownership of their land, warning that failure to do so could result in widespread loss to encroachers and land grabbers.Speaking at a landmark ratificatio

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Museveni Tips Ssembabule Residents on Wealth Creation

Museveni Tips Ssembabule Residents on Wealth Creation

President Museveni has emphasized the need for irrigation, pasture planting, and modern farming practices to boost agricultural productivity and stabilize markets.He made the remarks while addressing a public rally at Sembabule playgrounds in Sembabule town council on Sunday.Hi

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Inside The Luxurious Lifestyle Of Rebecca Kadaga, Houses, Cars And Investments

Inside The Luxurious Lifestyle Of Rebecca Kadaga, Houses, Cars And Investments

Rebecca Kadaga, a prominent Ugandan politician and lawyer, has built an impressive portfolio of assets over the years.Her lifestyle reflects her success and influence in Ugandan politics. Kadaga's wealth is evident in her properties, luxury cars, and various investments.Kadaga owns

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Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointment was first announced in December of last year.“I am delighted to join Stanbic Bank Uganda. With the suppor

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Metaplanet Boosts Bitcoin Holdings to $159M Amid Japan’s Economic Struggles

Metaplanet Boosts Bitcoin Holdings to $159M Amid Japan’s Economic Struggles

Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing

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