Tag Archives: Exit

Museveni Reshuffles Executive Ahead of State of the Nation Address as Key Ministers Exit Cabinet

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Kampala, Uganda — President Yoweri Kaguta Museveni has unveiled a major reshuffle of Executive, appointing a new line-up of Cabinet Ministers, Ministers of State, and Senior Presidential Advisors ahead of the anticipated State of the Nation Address. The changes, announced under the constitutional powers vested in the Presidency, signal both continuity and strategic political recalibration within the ruling National Resistance …

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By Mutual Agreement with M7, Kadaga Agrees to Exit Cabinet, Fronts Hellen Namutamba to Eat in her Place – mulengeranews.com

By Mutual Agreement with M7 Kadaga Agrees to Exit Cabinet

By Mulengera Reporters Highly personable Hellen Namutamba is headed for Cabinet deployment after her mentor and foster mother Rebecca Kadaga agreeing with Gen YK Museveni to be let go in the forthcoming Cabinet reshuffle, while maintaining a presence of some sort inside the Kaguta universe.   The flamboyant Namutamba currently serves as Minister of Tourism for Kyabazinga and was one …

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Majority shareholders of NIC Holdings seeking to exit company

Majority shareholders of NIC Holdings seeking to exit company

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 …

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Hit Hard? Letshego To Exit Uganda & Four Other Countries In Strategic Sale To Axian

Hit Hard? Letshego To Exit Uganda & Four Other Countries In Strategic Sale To Axian

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 …

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OIL WATCHDOG SLEEPING? Leaked Report Flags PAU Weaknesses, Project Delays, Staff Gaps & Billions Shortfall as ED Rubondo Exit Nears

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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 …

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PEANUTS PAY, POWER WARS, PROFITS GREED…The real story behind MTN MoMo boss Yego shock exit

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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. …

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The Power of Walking Away: Seven Lessons Ugandan Politicians Must Learn from Winnie Kizza’s Exit

The Power of Walking Away Seven Lessons Ugandan Politicians Must

  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 …

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