Tag Archives: WARS

BLACKOUTS, BILLIONS & BOARDROOM WARS! Investigation Exposes Rot at UEDCL as Power Crisis Rocks Post-Umeme Era

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Ugandans are asking one burning question: what exactly is going on at Uganda Electricity Distribution Company Limited? Ever since Umeme exited and UEDCL officially took over power distribution on April 1, 2025, complaints of persistent blackouts, delayed meter replacements, sluggish customer response and erratic service have exploded. Now, the Auditor General’s December 2025 report has poured fuel on the fire, …

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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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MARITAL WARS! Equity Bank boss, wife fight over Shs17bn shares, ABC Capital Bank, Britam sucked in

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A simmering domestic and corporate battle has erupted within one of Kenya’s most influential business families, pitting Peter Munga, the founder of Equity Bank Group, against his wife, Rose Njambi Munga, in a Ksh640 million ($5 million, UGX 17.4bn) legal fight over shares in Britam Holdings Plc. The case, now before the High Court in Nairobi, centers on 75 million …

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