The High Court Commercial Division has ruled that businessman Shukla Mukesh, popularly known as Shumuk, and his companies—Shumuk Springs Development Ltd, Springs International Development Hotel Ltd, and Shumuk Financial Services Ltd—have been illegally occupying part of Shumuk House, formerly known as Katatumba Suites. The court ordered Shukla to pay approximately Shs 14 billion in damages,…
The Agricultural Credit Facility (ACF) has disbursed more than Shs1.23 trillion to support commercial agriculture in Uganda since its establishment in 2009, the Bank of Uganda (BoU) has said. According to Richard Byarugaba, the Executive Director for Finance at the Bank of Uganda, the facility was created to promote the commercialisation of agriculture by providing…
Pearl Bank, formerly PostBank Uganda, has brought its festive campaign, “Pearl Santa,” to a grand close with visits to major media houses, including Nation Media, Vision Group, and Next Media, in recognition of their role in shaping the Bank’s evolving narrative. The campaign coincided with the Christmas season, celebrating togetherness and the spirit of giving….
Several local and foreign tourists have been forced to cancel their holiday plans to the Kalangala Islands after the MV Kalangala suffered a major mechanical breakdown, disrupting travel during the peak festive season. The vessel developed a significant engine fault on December 14, 2025, while en route to Kalangala. It completed the journey on a…
President Yoweri Kaguta Museveni, the National Resistance Movement (NRM) flagbearer for the 2026 elections, has urged Members of Parliament and local leaders to prioritise development projects effectively, noting that delays in service delivery often stem from poor planning. “Delays come because we prioritise things that your MPs don’t understand,” he said during a campaign rally…