Monthly Archives: October, 2020

Victoria University Webinar On Survival Of Family Businesses In Africa: Mogul Maggie Kigozi Tips Ugandans To Have a Proper Succession Plan For Their Businesses

Many times, businesses owned by families or transitioning into family businesses fail and die but with proper planning, this can be averted, Gideon Kirumira, the chairman of Trigger Enterprises Ltd said during a Webinar broadcast organized by Victoria University. “If you are a leader who founded the family business and took it to a certain…

Big Story: High Court Stays Execution Of Recent Commercial Court Ruling Of Ham-DTB Case

The Kampala High Court has temporarily blocked the execution of the recent ruling against Diamond Trust Bank by the court’s commercial division. The Commercial court Judge, Henry Peter Adonyo had ruled last week that DTB Kenya (DTBK) acted illegally in lending money to Ham Enterprises owned by businessman Hamis Kiggundu, through Diamond Trust Bank Uganda.…

Fun As Ugandans “Meat” At La Cabana Restaurant To Celebrate Independence Day

La Cabana Restaurant, a multi-cuisine bar and restaurant serving Brazilian, Continental, Chinese and Indian cuisines is joining the rest of Uganda to celebrate this year’s Independence Day. The fashionable restaurant located at plot 19 -20, Speke Apartments, Wampewo Avenue is offering what they have called All You Can Eat Independence Weekend starting this Friday,…

Two Arrested On Suspicion Of Connection With Over Shs 20Bn Cyber Attack On UgandanTwo Leading Telecom Companies and Banks

The Uganda Police have arrested two suspects in connection with the cyber attack on the country’s two leading telecom companies and banks over the weekend. The two suspects are attached to Pegasus Technologies, a company that provides financial and billing solutions for various companies in Uganda. The suspects were arrested on Wednesday by the Criminal…

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