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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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Rajiv Ruparelia Dies in Motor Accident

Rajiv Ruparelia Dies in Motor Accident

Rajiv, son of city tycoon Sudhir Ruparelia, played a central role in expanding the Ruparelia Group’s footprint across real estate, education, hospitality, and agriculture.Businessman Rajiv Ruparelia, Managing Director of the Ruparelia Group, has died following a motor accident, sources h

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The characters who died and left us shattered

The characters who died and left us shattered

Here are 20 of the most devastating character deaths in movies and TV, ranked by the ones that still hurt the most!There’s nothing worse than falling in love with a character, watching them grow, fight, love, and survive… only for them to

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Meet the Ugandan Ministers Who Own Multi-Million Dollar Homes Abroad

Meet the Ugandan Ministers Who Own Multi-Million Dollar Homes Abroad

Several Ugandan ministers have amassed significant wealth, allowing them to own multi-million dollar homes abroad. These luxurious properties reflect their status and success, often sparking public interest and scrutiny.One notable example is Captain George Mike Mukula, the National Resist

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How Wakiso Fraudster Tricked  Court To Okay Fraudulent Withdrawal Of 689M From Tycoon Karekezi’s DFCU Account

How Wakiso Fraudster Tricked Court To Okay Fraudulent Withdrawal Of 689M From Tycoon Karekezi’s DFCU Account

usinessman Gerald Ngabirano, a resident of Nankuwade, Bulenga, Wakiso District, has been remanded after allegedly forging legal documents to unlawfully withdraw over Shs 689 million from a dfcu bank account belonging to another businessman, Stephen Karekezi.

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