Banking group I&M Holdings PLC which is part of the I&M Group will pay USD 33.6m (Shs112 billion) to acquire a 90 per cent stake in Uganda’s Orient Bank, according to disclosures in a circular to shareholders. This website has learnt that the shares will be bought from Hemlata Karia, Jay Karia, Morka Holdings Limited,…
Mesut Ozil had an eventful night as Arsenal were beaten 3-0 by Aston Villa on Sunday. The 32-year-old was a spectator for the game at the Emirates Stadium as he can’t take part in Premier League games this season after not being included in the squad by manager Mikel Arteta. That decision came back to…
A group of youth led by Joan Namale, who calls herself Charmin of Concerned Citizens, has petitioned the Minister of Gender, Labour and Social Development, Frank Tumwebaze over continued closure of labour external externalization sector even when the airport and other sectors are reopened after the COVID-19 induced lockdown. According to businessfocus.co.ug, the petition was …
Veteran Kampala model Doreen Kabareebe, who leaves thousands of men in Uganda and abroad smiling every time they see her, has finally hit the big screen. Our Moles reveal that Kabareebe has embraced her talent in acting by joining the Ugandan movie industry that is popularly known as Kina-Uganda, by unveiling her first movie titled…
Rukungiri district has got a new district service commission following the expiry of the term of office for the incumbent commission seven months ago. The new members are Cleophas Tiwaitiu as chairperson, Rwandembo Mugisha, Jackson Baryamwihaho and Beatrice Namara. Tiwaitiu replaces Stanley Munabi whose term expired after serving for 8 years. Rukungiri Chief Administrative Officer,…
The entire Buganda kingdom and Makerere University Business School (MUBS) are mourning the untimely death of Rosalinda Kyewalabye, a wife of Owek. David Kyewalabye Male, the Kingdom Minister for Tourism and Culture. Minister Kyewalabye’s wife passed away on Monday morning at Kampala Hospital, although the cause of her death is to be announced after the…
The Uganda National Bureau of Standards (UNBS) has confirmed that its long serving Executive Director, Eng. Dr. Ben Manyindo has retired from the standards agency with effect from 1st November, 2020. “Accordingly, Mr. David Livingstone Ebiru, the Deputy Executive Director in charge of Management and Financial Services at the Bureau has been appointed as the…
