Ugandan tycoons who struggled in 2023
After 2022’s economic downturn and the rise of a fresh crop of investors, not to…
4 months ago
Patrick Bitature
Struggling tycoon Bitature in legal battle with Absa Bank over unpaid UGX50b loan
Patrick Bitature’s legal battles are not about to end after the Ugandan businessman was again…
5 months ago
EXCLUSIVE: Auditor General warns govt off Bitature’s Electromaxx purchase over indebtedness, legal risks
KAMPALA - Auditor General John Muwanga has cautioned the government against the purchase of tycoon…
8 months ago
Museveni made to commission Bitature’s Naguru Hotel that started working 5 years ago
KAMPALA —President Museveni has on Friday September 30 been made to commission Protea Naguru Skyz…
2 years ago
MPs want Bitature’s ELECTRO Maxx kicked out of West Nile over bankruptcy
Members of Parliament from West Nile sub-region have asked the Parliamentary Committee on Environment and…
2 years ago
Umeme earmarks USD 3 million for power reliability projects
Umeme has earmarked USD $3 million (Shs11 billion) for power reliability projects in Lugazi, Jinja,…
2 years ago
Bitature’s empire crumbles as Court dismisses bid to block sale of his properties
KAMPALA — The Commercial Division of the High Court has thrown out an application in…
2 years ago
Govt hands Bitature’s Electro-Maxx 6-year power deal in West Nile
Government has given Electro-Maxx a six year contract to supply thermal power to the national…
6 years ago