Tag Archives: Exit

National Insurance Corporation (NIC) Holdings Limited is on the verge of divesting its entire stake in Uganda, in a transaction that could reshape the insurance landscape. As one of the oldest insurance companies in Uganda, the board of NIC Holdings recently issued a public notice signalling that Corporate Holdings Limited and Industrial and General Insurance Plc – the company’s biggest …

A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public. Kampala was left buzzing, boardrooms kept whispering, and the truth is finally exploding into the open, what was dressed up as a …

Viewers: 90,006 By Spy Uganda Letshego Africa Holdings Limited has signed binding agreements to sell its subsidiaries in Uganda, Ghana, Tanzania, Nigeria, and Rwanda to Dubai-based Axian Digital Venture Holdings and Management Limited, marking a major strategic shift in its African operations. The transaction, announced Monday, involves the sale of 100 percent of Letshego’s issued share capital in the …

Pepsi UFL: Ndejje Pay Huge Price for Fans Misconduct, SLAU Opens Wide Quarterfinal Exit for the Lions | Voice of Bugerere Home Sports Pepsi UFL: Ndejje Pay Huge Price for Fans Misconduct, SLAU Opens Wide Quarterfinal Exit for the Lions

Uganda’s long-awaited oil dream may have hit fresh turbulence after a bombshell audit exposed worrying delays, funding gaps and project setbacks at the country’s powerful oil regulator, raising serious questions about leadership as its founding boss prepares to exit. A new report from the Office of the Auditor General of Uganda has revealed that critical oil sector projects under the …

Shockwaves are still rippling through Uganda’s telecom corridors after Richard Yego, the Managing Director of MTN Mobile Money Uganda Ltd (MTN MoMo), stepped down, setting the stage for a dramatic February 2026 handover. Officially, it is a diplomatic transition. Unofficially, insiders are whispering about peanuts salary, boardroom jealousy, profit obsession and a silent corporate war that made his position untenable. …

  By Ivan Kimuli Kigozi (Journalist) In Ugandan politics, exits are rarely graceful. Most leaders leave office only when forced out by courts, public anger, internal party revolts, age, or death. Voluntary retirement while still popular is almost unheard of. That is precisely why Winnie Kiiza’s decision to step away from elective politics remains one of the most instructive political …

Post Views: 9 0-0x0-0-0# By Aggrey TwesigyeIn Mbararawww.mknewslink.com The Electoral Commission (EC) has disqualified Louis Mbwatekamwa Gaffa from the Mbarara City mayoral race over questions regarding his place of residence. Mbwatekamwa, who was nominated on September 3 after fulfilling all requirements, faced a petition filed by a group of Mbarara City residents through M/s Mujurizi and Tumwesigye Advocates. The …

by AdminOctober 20, 2025October 20, 20250 Share0 By Peter Luzinda Ugandan youth advocate and entrepreneur Nyanzi Martin Luther has questioned the integrity of Members of Parliament under the National Unity Platform (NUP), accusing them of hypocrisy for demanding change while holding onto power themselves.In a recent interview, Nyanzi challenged the opposition’s double standards, asking …

Kampala – Diamond Trust Bank (DTB) is embarking on a major shake-up of its regional operations, announcing the sale of its 83.67% stake in DTB Burundi to a consortium of local investors led by the bank’s existing minority shareholder. The deal, signed under a conditional sale and purchase agreement, is pending approvals from the Central Bank of Kenya (CBK), the …