Businessman Hamis Kiggundu alias Ham through Kiham Enterprises, has run to court seeking for the cancellation of a land title created on the contested Kigo land by Buganda Kingdom in favor of Pearl Development Group. The petition addressed to the commissioner land registration looks forward to seeing the contested land titles cancelled claiming that they’re…
President Yoweri Kaguta Museveni has requested Indian business people to invest more in Uganda, saying the East African country has several investment opportunities in different sectors. While officiating at the opening of Afro Indian Investment Summit 2022 and the centennial 100 years celebration of Indian Association Uganda on Thursday at Munyonyo Commonwealth Resort Hotel in…
By Denis Jjuuko There are many African proverbs about a man owning a house. And indeed in some African traditions, one to become a man had to leave their father’s home and build himself one. It was a taboo in some cultures for a man to still live in his parents’ house after the age…
A new music system has been born in Western Uganda with the State of the art equipment. Unique Sounds Ug based in Ntungamo town is the in thing in Western Uganda with the best music service in the area. They provide public address system and play at wedding ceremonies, birthday parties, introduction ceremonies, live performances…
By Benjamin Epeduno Katakwi: The Vice President of the Republic of Uganda H.E Rtd. Major Jessica Alupo has commissioned Ongongoja Fruit Growers Co-operative Society in Ongongoja Sub-county, Katakwi District. The UGX 317 million project under ‘Legs Projects’ with support from Islamic Development Bank (IDB) was commissioned on Saturday 12, November 2022. Hon. Alupo who was…
In a bid to promote the concept of Buy Uganda Build Uganda (BUBU), the Electricity Regulatory Authority (ERA) on Thursday launched a forum for local suppliers, with an aim of spurring an increase in the consumption of local products and services within the electricity sector, so as to achieve social, economic transformation. The Local Suppliers’…
There are unscrupulous individuals at the Buganda Land Board (BLB) who have resorted to blackmail and mudslinging after the Court of Appeal stopped the cancellation of tycoon Hamis Kiggundu’s titles for land he bought in Kigo, off Entebbe Road. It should noted that the Uganda Land Commission in September this year cancelled Ham’s titles for…
BoU earns most of its income from investing the bulk of Uganda’s foreign exchange reserves in the said bonds, a practice referred to as investment in fixed income assets. Central banks, experts say, use sale of bonds as a tool to increase bank reserves and lower interest rates. When they buy bonds, money flows from…
Dr. Sudhir Ruparelia is a Ugandan property mogul who has built one of the most successful business empires in the country. Dr. Sudhir’s love for Uganda is not by any means opportunistic like many investors who run to Uganda because of attached benefits. Having been born from Uganda, to an Indian emigrant, Sudhir grew up…
Bank of Uganda (BoU) is seeking to hire an independent audit firm that will carry out a comprehensive audit on the current state of affairs of the now-defunct Crane Bank, six years after the same commercial bank was closed. According to an advert published in one of the local newspapers, BoU said it is now…
