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Uganda Secures Financing for Standard Gauge Railway Project

Uganda Secures Financing for Standard Gauge Railway Project

Uganda’s Standard Gauge Railway (SGR) project has officially moved into the implementation stage, underpinned by a robust financing structure designed to ensure timely completion.Perez Wambulu, National Coordinator for the SGR project, confirms that the government has set aside 75 millio

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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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Minister Kyofatogabye Urges Public Sensitisation in Fight Against Counterfeit Motorcycles

Minister Kyofatogabye Urges Public Sensitisation in Fight Against Counterfeit Motorcycles

The State Minister for Kampala, Kabuye Kyofatogabye, has called on the public to join the fight against counterfeit motorcycles and spare parts.He said the best tool in this fight is public sensitisation.Many riders, he noted, have faced the risks and losses caused by fake products.

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Global Energy Independence Day: Equity Bank’s Commitment to Energy Sustainability

Global Energy Independence Day: Equity Bank’s Commitment to Energy Sustainability

As the world marks Global Energy Independence Day 2025 on July 10th 2025, Equity Bank Uganda is leading the charge toward sustainable energy access with its bold commitment to clean energy financing.The bank has emerged as a key driver of clean energy access through its transformative Equi

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Museveni Hails Emyooga Sacco Success in Nakawa, Pledges More Support

Museveni Hails Emyooga Sacco Success in Nakawa, Pledges More Support

President Museveni has met with beneficiaries of the Emyooga SACCO initiative in Butabika and Mutungo, Nakawa Division, commending their progress and reaffirming government support for grassroots economic empowerment.The President, accompanied by the First Lady and Minister of Educati

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Africa’s Richest Four Hold More Wealth Than Half the Continent

Africa’s Richest Four Hold More Wealth Than Half the Continent

Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report – 

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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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Ghana’s search for Umeme

Ghana’s search for Umeme

Ghana is considering reform in the energy sector, with Umeme in mind How this West African country is looking to the success Uganda has just destroyed to solve its electricity crisisTH

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UGX 250 Billion Shockwave: Bosco Muwonge Buys Mukwano Mall in Record All-Cash Deal

UGX 250 Billion Shockwave: Bosco Muwonge Buys Mukwano Mall in Record All-Cash Deal

In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now

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Hongera Saana, Security Agencies to Offer Free GPS Trackers to Boda Bodas

Hongera Saana, Security Agencies to Offer Free GPS Trackers to Boda Bodas

Hongera Saana Uganda, an initiative under the Office of the President aimed at curbing violent extremism has partnered with security agencies to distribute free motorcycle tracking devices to riders across the country.The initiative is being implemented in collaboration with the

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