Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment
Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investmentlokmattimes.com55minNew Delhi, Nov 25 The Ministry of Coal on Wednesday successfully completed t...
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Treasury bills auction attracts Shs567b as investor demand surges.
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confide...
Muntu pledges to revive tea sector, fight corruption.
The Alliance for National Transformation (ANT) presidential candidate, Rtd Maj Gen Mugisha Muntu, has pledged to revitalise Uganda’s struggling tea industry if ele...
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...
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�...
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 hi...
The Rise And Fall Of The Aponye Business Empire: From Agro Giant To Debt Distress
For decades, the name Aponye stood tall in Uganda’s business circles, synonymous with agro-processing success, expansive real estate investments, and strategic g...
Top Tallest Buildings in Uganda for 2025
NSSF Pension TowersUganda is witnessing a dramatic shift in its urban landscape. Kampala, the nation’s capital, is rapidly expanding, with modern skyscrapers incre...
Aponye 's Iconic Ugandan Business Conglomerate Faces Auction Two Years After Founder’s Death
The Aponye Group, once one of Uganda’s most formidable agro-processing and manufacturing empires, has collapsed just two years after the death of its founder, Apol...
Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the Hi...