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Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings

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Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank

Businessman Defends Shs 427m Loan Recovery Suit Against Stanbic Bank

Kampala, Uganda | The High Court’s Commercial Division has granted city businessman Dalaus Katongole, trading as Ngoleda Stores, permission to defend a suit filed by Stanbic Bank Uganda Ltd seeking to recover Shs 427 million. Justice Patience T.E. Rubagumya ru

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Traffic Police Blame Regulatory Failures for Fatal Mityana School Bus Crash

Traffic Police Blame Regulatory Failures for Fatal Mityana School Bus Crash

Uganda’s Traffic Police have attributed the tragic school bus accident in Mityana District to deep-seated regulatory failures, sparking renewed scrutiny of school transport policies and enforcement measures nationwide.The crash occurred in the early hours of S

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Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

In 2014, Kampala property mogul/businessman Kennedy Losuk Lokule embarked on construction of the luxurious Emin Pasha Lake View Residence on the rocky terrain of Kampala’s upscale neighbourhood of Muyenga.Reporting by Weekend Vision shows that the 120-r

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4 Ugandans posing as Energy Ministry officials Steal $5m from Turkish investor

4 Ugandans posing as Energy Ministry officials Steal $5m from Turkish investor

A criminal on handcuffs (internet photo)A Turkish investor has fallen victim to a high-level fraud syndicate in Uganda, losing a staggering $4.95 million in a fictitious chemical supply deal allegedly linked to the Ministry of Energy and Mineral Developme

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Uganda’s Ethanol Blending Programme: A Triple Win for Farmers, Economy, and Environment

Uganda’s Ethanol Blending Programme: A Triple Win for Farmers, Economy, and Environment

Uganda has officially launched a national biofuels blending programme that could transform the country’s energy landscape, breathe new life into rural agriculture, and significantly cut carbon emissions.The initiative, which will begin with a 5% ethanol blend in petrol (E5) and scale up

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Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Barnabas Taremwa: Global Cartels Behind Uganda’s Coffee Losses

Fellow Ugandans, especially our coffee farmers and those aspiring to join the coffee industry,I feel compelled to share some truths and clarify the situation regarding coffee farming in Uganda and the dynamics of the global coffee market.This is a

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Four Ugandans listed as directors of Russian firm in controversial digital plate project

Four Ugandans listed as directors of Russian firm in controversial digital plate project

Who's behind Uganda's digital number plates? The Russian company in the controversial deal is revealed to have Ugandan directors, raising new questions about the project's structure.The Russian firm awarded Uganda’s digital number plate contract, Join

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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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'Always happy' - What Lionel Messi tries to offer at 38 years of age as Inter Miami & Argentina look to all-time great for inspiration

'Always happy' - What Lionel Messi tries to offer at 38 years of age as Inter Miami & Argentina look to all-time great for inspiration

Lionel Messi has explained what he tries to offer Inter Miami and Argentina at 38 years of age, as both continue to look to him for inspiration.WHAT HAPPENED?Despite approaching the end of a record-shattering career, the eight-ti

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