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Speaker Among Halts Probe into Nakivubo Channel Redevelopment

Speaker Among Halts Probe into Nakivubo Channel Redevelopment

Speaker of Parliament Anita Among has halted COSASE’s investigation into tycoon Hamis Kiggundu’s Nakivubo Channel redevelopment, redirecting the probe to a select team under the Physical Infrastructure Committee — a move that has sparked fierce resistance from Kampala leaders.COSASE

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Tycoon Lwasa Blesses Desire Luzinda and Levixone's Marriage

Tycoon Lwasa Blesses Desire Luzinda and Levixone's Marriage

Tycoon Emmanuel Lwasa and Desire Luzinda were in a relationship many years ago.Tycoon Emmanuel Lwasa and Desire Luzinda were in a relationship many years ago. They painted Kampala streets with love, and the entertainment industry was abuzz with their st

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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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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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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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Alice Alaso Mocks POA As Kampala Tycoon Who Donated Najjanankumbi to FDC Follows Besigye To Katonga-Based Freedom Party (PFF)

Alice Alaso Mocks POA As Kampala Tycoon Who Donated Najjanankumbi to FDC Follows Besigye To Katonga-Based Freedom Party (PFF)

In her speech at Katonga as PFF/Freedom Party was being inaugurated this Tuesday, ANT’s Alice Alaso sounded jubilant to have lived to see this day. She was happy that a group of well-intentioned Ugandans, who first came together more than 20 years and proclaim

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Tycoon Sudhir Ruparelia to Headline UK-Africa business Summit in London

Tycoon Sudhir Ruparelia to Headline UK-Africa business Summit in London

Dr Sudhir will share his business success at the UK-Africa investment summit in London after attending the PAP awards in Kampala. (file photo)Uganda’s business magnate Dr. Sudhir Ruparelia will headline the much-anticipated UK-Africa Business Summit set

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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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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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