Court Orders Sale of Emerald Hotel over ABSA Loan
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This...
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URA Urges Landlords to Declare Rental Properties or Face Penalties
Mbarara, Uganda — The Uganda Revenue Authority (URA) has called on landlords across the country to voluntarily declare their rental properties and register for ren...
Uganda Government Leaves Contractors High and Dry with UGX 1.351 Trillion in Unpaid Bills
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to r...
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...
Absa expands card portfolio with launch of exclusive Visa infinite, signature, business cards
Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater t...
Airtel Money launches global virtual card
Airtel Money and Mastercard have unveiled a new virtual card that enables customers in Uganda to shop using their mobile money account at more than 100 million merchants...
Blatter and Platini back in court in Swiss Fifa fraud case
Sepp Blatter and Michel Platini are facing Swiss justice for the second time in less than three yearsBBC - Sepp Blatter and Michel Platini are facing Swiss justice for th...
President Museveni Approves Copyright Management System to Protect Ugandan Musicians
President Yoweri Museveni has given the green light to a new Copyright Management System, aimed at safeguarding musicians’ rights and ensuring they receive fair co...
Unmasking the Truth: Bad Black Admits Being Paid to Join Bobi Wine's Movement, Shifts Loyalty To M7
In a video released on January 11, 2019, Ugandan socialite Bad Black apologized to President Museveni for a controversial video she posted in September 2018.In that video...
Electricity distribution shifts from private to public hands
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March...