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To cap or not to cap interest rates

To cap or not to cap interest rates

The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...

Ultimate Uganda
Vuni, Kaluusimann and the tales of adventure bikers

Vuni, Kaluusimann and the tales of adventure bikers

Yes, you have seen the big, monstrous BMW 1200cc and 1250cc bikes at a place near you. Talk about adventure bikes and the first person many people will remind you of is J...

Ultimate Uganda
Traders eye money as nsenene return just on time

Traders eye money as nsenene return just on time

Grasshoppers, locally known as nsenene, are here again. The nsenene usually appear around late October through November and part of early December. However, last year the...

Ultimate Uganda
Ssenyonyi wants probe into Shs550b Atiak sugar deal

Ssenyonyi wants probe into Shs550b Atiak sugar deal

The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has be...

Ultimate Uganda
Inside Uganda’s death by suicide puzzle

Inside Uganda’s death by suicide puzzle

In June this year, Kampala registered the highest cases of suicides in a single month, most of them involving high-profile individuals. Mr Luke Owoyesigyire, the Kampala...

Ultimate Uganda
VIDEO: Questions linger over Shs10 trillion SGR cost

VIDEO: Questions linger over Shs10 trillion SGR cost

In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanz...

Ultimate Uganda
Sean 'Diddy' Combs faces six new sexual abuse lawsuits

Sean 'Diddy' Combs faces six new sexual abuse lawsuits

Sean "Diddy" Combs was confronted with six new sexual abuse lawsuits on Monday, including one accusing the rap mogul of assaulting a minor. The civil lawsuits were filed...

Ultimate Uganda