Umeme Share Sheds 85% Value ahead of Loss Announcement
Umeme Limited’s shares have lost about 85 percent of their value since the electricity distributor handed over its concession to the government in March 2025, making th...
News discovery
Find the stories that matter to you.
Results for
51 found
“shareholders”
IGG Intervenes as Kyambogo University Bosses Pay ICT Billions to their own IT Firm, Hemis Consortium Limited
6-page dossier, a whistle blower has explained to the IGG the circumstances under which some of the top management officials at Kyambogo University have potentially been...
Garuga’s Heir Alwyn Carl Musinguzi, Mathew Rukiikaire Defeat Lawyer Agaba in Bid to Control Multi-Billion Estate
RIP: Garuga MusinguziA series of legal and administrative decisions has handed a significant victory to the heir of late businessman Dr. James Musinguzi Garuga , Alwyn Ca...
Uganda Securities Exchange Earns AA Credit Rating in First Independent Assessment
The Uganda Securities Exchange (USE) has been assigned an AA issuer credit rating by ICRA Rating Agency, marking the exchange’s first independent credit assessment and...
Kampala Cement: How a $100m Ugandan cement dream fell apart
detailed breakdown of the Kampala Cement collapse, tracking how 82 million dollars in debt, high transport costs from raw material locations and an internal boardroom rup...
Exclusive: Why Daily Monitor, NTV Will Remain Closed for Months
Daily Monitor offices in Namuwongo , Kampala remain closedThe Daily Monitor and NTV Uganda are unlikely to resume operations for several months as Tanzanian businessman R...
UCC Says NMG Security Inquiry Still Ongoing Amid Reopening Talks
The Uganda Communications Commission (UCC) says investigations into the closure of Nation Media Group (NMG) Uganda are still ongoing.The Uganda Communications Commission...
From Saul to Paul! Journalist Mwenda concedes he was wrong after meeting Dei BioPharma Founder Dr. Magoola
MATUGGA, Uganda — Veteran journalist and commentator Andrew Mwenda, whose written attacks on Dr. Matthias Magoola provoked a public scolding from President Yoweri Musev...
How Vivo Energy’s purchase of KFC Uganda triggered a Shs 4.2 billion tax dispute with URA
Vivo Energy's acquisition of a 50% stake in KFC Uganda triggered a tax dispute with URAThe Tax Appeals Tribunal (TAT) has cancelled a Shs 4.24 billion tax assessment impo...
Stanbic Uganda boss Karuhanga exits on Shs591bn profit high
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPAL...