Ugandan tycoon Amos Nzeyi is still farming land he sold to the state pension fund in 2008
Uganda's Parliament has summoned Pepsi bottler Amos Nzeyi over 55 acres he sold the state pension fund in 2008 but never handed over.
Skip to content
Uganda's Parliament has summoned Pepsi bottler Amos Nzeyi over 55 acres he sold the state pension fund in 2008 but never handed over.
A Ugandan court has cleared the sale of two Kampala condominium units owned by Mukesh Shukla's Springs International Hotel over a Shs173 million debt.
Umeme shares have fallen about 85% since its Ugandan concession ended, and the company says it has no operating revenue and expects another loss.
Sikander Lalani abandoned his Kigali roofing factory when genocide broke out in 1994, rebuilt in Uganda, and now pays the state $51 million in tax.
Museveni has cleared Nation Media Group to resume operations in Uganda, a month after his son shut its outlets down over press freedom.
Ugandan tycoon Charles Mbire says he resigned from Kampala Cement's board over unauthorised transactions three years before the $82 million-indebted cement maker collapsed.
President Museveni has met billionaire Rostam Aziz, the incoming owner of Nation Media Group, over Uganda's shutdown of the Daily Monitor and NTV Uganda.
Uganda's parliament is demanding answers after Amina Moghe Hersi's Atiak Sugar Factory consumed $204 million in public and private funds without producing sugar in years.