Why Uganda’s oil refinery remains behind schedule
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.De...
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Uganda Must Partner with Experts, Law Enforcement to Guard Against Cybersecurity Threats
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the glo...
Larry Ellison overtakes Elon Musk as the world's richest person
Tech billionaire Larry Ellison (pictured right) has claimed the title of the world's richest person for the first time, surpassing Elon Musk. Ellison's wealth jumped by $...
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...
Ugandan lawyer challenges Tanzania’s new law barring E.Africans from certain businesses
Lawyer Steven Kalali addressing the mediaA Ugandan lawyer, Steven Kalali, has petitioned the East African Court of Justice (EACJ) over a new Tanzanian law that restricts...
UPDF Land Forces Retire 411 Junior Officers and Militants at Bombo Headquarters
A total of 411 junior officers and militants from the Uganda People’s Defence Forces (UPDF) Land Forces have officially retired during a colourful ceremony held at Bomb...
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...
I do not have bank accounts abroad – Museveni
The President stated that while some elements in the Ugandan political opposition might expect him to divert some of the funds from his huge State House budget to his per...
Ugandan VJ Junior contemplates retirement, hints at production role
Video jockey VJ Junior, real name Marystuarts Matovu, has revealed he is contemplating retirement from video jockeying after years of dominating the Ugandan movie comment...
dfcu shareholders receive 121% dividend boost as profits surge to Shs 72.1bn
dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 i...