The Court of Appeal ruling last week that businessman Mohan Kiwanuka was mentally incapable of managing his business affairs could dramatically reshape the control of an empire spanning media, real estate, manufacturing, and logistics. Kiwanuka, 81, owns over 46 prime properties, 26 of which are in the upscale Kololo alone. The ruling followed a petition…
The Uganda Electricity Distribution Company Limited (UEDCL) has pledged to process all pending power applications from former UMEME customers to boost power connections across the country. Jonan Kiiza, spokesperson and head of corporate and stakeholder affairs at UEDCL, told Bbeg Media at his office in Nakasero that UEDCL wants to tackle the backlog of 27,729…
The Court of Appeal has ruled that businesman Mohan Musisi Kiwanuka has been suffering from Alzheimer’s disease and dementia since 2017, and is therefore incapable of managing his affairs. It has also ordered that the businessman convenes a family meeting within 30 days to appoint a manager of his estate. The meeting, court ordered should…
Renowned Indian spiritual leader Jayramgiri Bapu, the 14th successor of the historic 900-year-old Bujirat Temple in India, has arrived in Uganda for a five-day visit aimed at fostering bilateral cooperation in trade and tourism. The visit, which coincides with the annual Uganda Martyrs Day celebrations on June 3, underscores the growing ties between Uganda and…
Parliament has approved a government proposal to borrow up to €270 million (Shs 1.1 trillion) from the African Export-Import Bank (Afreximbank) and €230 million (Shs 940 billion) from Ecobank Uganda and the Development Bank of Southern Africa (DBSA) to finance the 2024/2025 national budget. This amounts to €500 million (Shs 2 trillion). The debate on…
Government today officially launched the National Budget Month for 2025/26, emphasizing its commitment to inclusive and transparent governance in public resource management. The launch, presided over by Matia Kasaija, the minister of Fiance, also introduced the National Public Investment Management (NPIM) Policy, a transformative framework aimed at revolutionizing Uganda’s public investment planning, implementation, and monitoring….
With less than a week to the Martyrs Day celebrations, business activity at both the Anglican Site and Catholic Shrine in Namugongo is experiencing a significant downturn compared to previous years. Bbeg Media visited the Anglican section of the shrine and observed a limited number of businesses, including catering services, retail shops, restaurants, and vendors…
Dr Patricia Ojangole, the managing director of Uganda Development Bank, has been appointed chairperson of the Association of African Development Finance Institutions (AADFI), the umbrella organization for development finance institutions in Africa. Dr. Ojangole’s appointment was announced during the 51st Ordinary General Assembly of AADFI, held on May 26, 2025, at the Sofitel Hotel Ivoire…
Damali Ssali has been appointed country director of Global Alliance for Improved Nutrition (GAIN) Uganda. The organisation’s mission is to improve the consumption of healthier diets for all, especially the most vulnerable, by improving the availability, affordability, desirability, and sustainability of nutritious and safe foods, and reducing the consumption of unhealthy and unsafe foods. Ssali,…
A delegation of Chinese investors is touring Uganda to establish business ties with local coffee farmers, as demand for the cash crop surges in China’s growing market. After visiting various coffee farms as well as farmers’ cooperatives in the eastern and western parts of the East African country, the visiting Chinese delegation, alongside officials from…
