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Ugandan accountant embezzles Shs8 billion from Nick Cannon

Ugandan accountant embezzles Shs8 billion from Nick Cannon

Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan national, worked as an account manager at a top Beverly Hills firm, which handles the financial and business affairs of elite celebri

Ultimate Uganda

Over 10, 000 NRM leaders to receive transport facilitation for Museveni swearing-in

Over 10, 000 NRM leaders to receive transport facilitation for Museveni swearing-in

President Museveni waves to supporters as he and First Lady arrive at Kololo Independence Grounds for his nomination rally on September 23, 2025.More than 10,200 leaders of the ruling National Resistance Movement (NRM) have been invited to attend the May 12 swearing-in ceremony of Presiden

Ultimate Uganda

Inside the Shs1.1 trillion supplementary budget

Inside the Shs1.1 trillion supplementary budget

Parliament yesterday passed a supplementary budget of Shs1.1 trillion under supplementary schedule five, giving more money to the government to implement its activities. Of the total amount, the supplementary request that does not require prior approval from Parliament amounts to Shs586.2b. This

Ultimate Uganda

The untold battle: Power struggles and fight over deals at UEDCL

The untold battle: Power struggles and fight over deals at UEDCL

man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid a certain path in life, they end up facing it anyway.That pretty much sums up Paul Mwesigwa’s one-year tenure as Mana

Ultimate Uganda

Govt moves to block conversion of leasehold to freehold on state land

Govt moves to block conversion of leasehold to freehold on state land

Government through the Ministry of Lands, Housing, and Urban Development (MLHUD), is pushing for suspension of conversion of government land from leasehold to freehold tenure.The revelation comes after Uganda Land Commission (ULC) chairperson Prof. Nyeko Pen-Mogi sounded an alarm to the la

Ultimate Uganda

Trade Order Chaos: Vendors’ livelihoods hang in the balance

Trade Order Chaos: Vendors’ livelihoods hang in the balance

After months of tense evictions and confiscated merchandise, the Ministry of Local Government has promised a reset. Permanent Secretary Ben Kumumanya told traders’ leaders on Wednesday that government will secure “enough alternative trading spaces” and that enforcement of the nationwide Tra

Ultimate Uganda

Silenced markets: Street traders count losses after city evictions

Silenced markets: Street traders count losses after city evictions

dawn, the usual bustle of business across Uganda’s blossoming cities and towns is missing.Where voices once competed with the clatter of weighing scales and the bargaining cries of customers, there is now an edgy silence.Piles of empty wooden stalls still lie broken, some reduced

Ultimate Uganda

Gender Ministry Officials Accused of Sharing 30 Acres of Land as Ministries Frustrate M7’s Kampiringisa Fertilizers Project-80BN PROJECT AT STAKE!

Gender Ministry Officials Accused of Sharing 30 Acres of Land as Ministries Frustrate M7’s Kampiringisa Fertilizers Project-80BN PROJECT AT STAKE!

In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help get the Gender Ministry surrender 130 acres out of the 377 acres which they own at Kampiringisa in Mpigi district, where the Ka

Ultimate Uganda

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Unveils Kololo Headquarters as Rebrand Signals Strategic Shift

Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank

Ultimate Uganda