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Uganda Airlines’ 2024 Losses: A Reflection of Broader Governance Failures and Economic Challenges

In 2024, Uganda Airlines recorded a loss of UGX 237.854 million, marking a 25.6% reduction from the UGX 324.940 million loss reported in 2023. While this reduction might seem...

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City Businessman Dr. Mathias Magoola Challenges Shs 250 Billion Loan from Equity Bank as Illegal, Seeks Court Intervention

City businessman Dr Mathias Magoola has defied payment of more than Shs 250 billion in accumulated loan to Equity bank Uganda and Kenya saying it was illegally advanced to...