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Tycoon Mukesh Loses Battle To Late Katatumba, Court Orders Him To Pay UGX14bn For Illegally Occupying Part of Shumuk House

Mukesh Shukla appearing before the Parliament's select committee Businessman Shukla Muskesh and his businesses, Shumuk Springs Development Ltd, Springs International Development Hotel Ltd and Shumuk Financial Services Ltd have been illegally occupying part of Shumuk House, the High Court Commercial Division has ruled. This follows a protracted legal battle between

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News

Building For Generations To Come: Museveni Commissions US$130M Hoima City Stadium ‎

President Yoweri Museveni and First Lady, Janet Kataha Museveni inspecting the stadium during its official commissioning  President Yoweri Kaguta Museveni on Tuesday commissioned the 20,000-seater Hoima City Stadium in the Bunyoro sub-region, declaring it a clear signal of Uganda’s readiness to host major regional, continental, and international sports events.‎ ‎The

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EntrepreneurshipNews

How 50m From World Bank-Funded GROW Project Enabled Mbarara Perfect Touch Salon Proprietor Become a Diversified Entrepreneur

For now 15 years, Mbarara City-based Perfect Touch Salon owner Racheal has been a renowned salon operator in Western Uganda's busiest and fastest growing metropolis. She relies on her 26 employees to keep quickly attending to hundreds of women who keep flocking her much sought after salon to have their

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News

The Story of GROW Project Beneficiaries & Why These Profiled 10 Women Can’t Thank the World Bank & The GoU Enough

Through the PSFU-implemented GROW project (which in full is Generating Growth Opportunities & Productivity for Women Enterprises), the government of Uganda continues to support women-owned/operated business enterprises to grow, expand and even diversify into new areas. Every woman-owned/operated business is eligible to (at the interest of just 10% per annum)

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NewsOil & Gas

Inside The Terms & Conditions Of UNOC’s UGX7 Trillion Loan As Uganda Looks To Earn Big From Oil Operations

A fuel tanker on display during the launch of UNOC’s bulk fuel import initiative/Business Focus photo. In a high-stakes decision taken against a backdrop of swelling public debt, Parliament has sanctioned UNOC’s plan to borrow USD 2 billion (about UGX 7.11 trillion) from global energy trader Vitol Bahrain. The proposed

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