Court Halts Businessman’s UGX 10.3 Billion Payment to Bank

Businessman Haruna Sentongo found temporary relief as the Court of Appeal intervened to halt a UGX 10.3 billion payment he…

Aya Investment’s Bid to Escape UGX 614 Billion Debt Obligation Fails in Court

In a protracted legal battle, Aya Investment Uganda Limited, led by Muhammed Hamid, has failed to disentangle itself from a…

Museveni Commissions Fruit Processing Facility in Nakasongola

President Yoweri Kaguta Museveni on Thursday commissioned Kike Tropical Fruits Limited, an extraction and refinery plant in Kakooge, Nakasongola district.…

Alur King Renews Call for Tarmac on Vital Nebbi-Goli-Paidha Road

King Phillip Rauni Olarker III of the Alur Kingdom has once again urged the government to pave the 119-kilometer Nebbi-Goli-Paidha-Zombo-Zeu-Warr-Vurra…

Fuel Theft: Inside the Operation to Recover Hijacked Truck by Flying Squad and URA

The Flying Squad Unit (FSU) and the Uganda Revenue Authority (URA) enforcement team successfully recovered a fuel truck that was…

Bank of Uganda Advocates for Earning Interest on Savings to Preserve Value

Bank of Uganda (BoU) Deputy Governor Michael Atingi-Ego has emphasized the importance of saving money in formal financial institutions to…