Basajjabalaba seeks compensation over cancelled Shs1.6bn City Square deal
Businessman Hassan Basajjabalaba has told Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that he is seeking compensation from Government over the cancellation of a deal to redevelop Kampala’s 2.5-acre City Square. Basajjabalaba told the committee that his company won the tender to redevelop the prime property in
Court orders Housing Finance to deposit Shs 28m in Najjera dispute
The Court of Appeal has stayed the execution of High Court orders that would have cancelled Speke Uganda Holidays Limited’s ownership of a property in Najjera and required it to hand over vacant possession to the former owners. The stay was granted after Housing Finance Bank asked the appellate court
Queen Mother leaves the palace , accuses Tooro royals of rushing Oyo succession
Queen Mother Best Kemigisa has broken her silence on the bitter succession dispute that followed the death of her son, former Tooro King Oyo Nyimba Kabamba Iguru Rukidi IV, accusing some members of the kingdom of rushing to install a new king before his burial. In a statement issued after
Court throws out Ssempijja petition over Kalungu East seat
The High Court in Masaka has dismissed former Defence Minister Vincent Bamulangaki Ssempijja’s challenge to the election of Yusuf Kiruluuta Nkeretanyi as Kalungu East Member of Parliament, ruling that the petition was filed outside the statutory time limit. In a ruling delivered by Justice Joyce Kavuma and read by Masaka
Maj Gen Birungi remanded after surety fails to show up
The General Court Martial in Makindye has remanded Maj Gen James Mugabe Birungi until September 24 after his surety failed to appear in court to stand for him during his bail application. The two-star general was on Tuesday remanded to the Makindye Military Police barracks detention facility by the court
Inside Shs147.7b Dei Industries loan dispute
The Court of Appeal has halted proceedings in a Shs147.7 billion loan dispute involving pharmaceutical companies Dei Industries International Ltd and Dei Biopharma Ltd and their director, Dr Mathias Magoola, pending determination of an intended appeal challenging an audit report on their alleged indebtedness. Justice Florence Nakachwa, sitting as a
Stanbic, Standard Chartered lose bid to recover $23.5m from Basajjabalaba
The Court of Appeal has dismissed a bid by Stanbic Bank Uganda and Standard Chartered Bank Uganda to recover $23.5 million and Shs433.3 million from businessman Hassan Basajjabalaba and other guarantors, ruling that the two banks lost the legal right to pursue the debt after assigning it to the Bank
Tooro seeks Shs 925m for Edward Nyabongo’s coronation
Tooro Kingdom has launched a Shs925 million fundraising drive to finance the coronation of its new king, Edward Rukidi Nyabongo I, as preparations intensify for his September 29 enthronement at Karuziika Palace in Fort Portal. The fundraising campaign comes less than a month after the death of Omukama Oyo Nyimba
Gov’t sets next year’s budget at Shs79.22 trillion
Uganda’s preliminary national budget resource envelope for the financial year 2027/28 has been set at Shs79.22 trillion, representing a reduction of Shs5.17 trillion from the Shs84.39 trillion budget for the current financial year. The new figure was announced by the Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi,
How ex-UPDF officer Katungi was extradited to US over drug trafficking, firearms charges
Former Uganda People’s Defence Forces (UPDF) officer Michael Katungi Mpeirwe has been extradited to the United States to face trial on charges of drug trafficking, firearms offences and providing material support to a designated foreign terrorist organisation. Mpeirwe was picked up from Luzira Prison at about 6am on Saturday and
