Yearly Archives: 2020

2021 Elections: EC Releases Revised Programme For Nomination Of Candidates For Parliamentary Seats

The chairperson of the Electoral Commission Justice Simon Byabakama has released a revised programme for the nomination of candidates for Parliamentary Elections 2021. He said the development follows presentations from various stakeholders including the Parliament of Uganda. According to the program, the nominations have been rescheduled from Monday 12th and Tuesday 13th 2020, to Thursday…

Victoria University To Host Business Mogul Maggie Kigozi To Tip Ugandans On Business & Failure Of Family Businesses

It is believed that family businesses account for 80% of companies globally but despite this milestone, according to researchers, only 30% survive to the second generation, 12% transit into the third generation and only 3% reach the fourth generation. This means that while many families start businesses, they quickly die once the proprietor dies. This…

Ham Enterprises, Lawyers Fred Muwema, Arnold Nogan Kimara Fire Back at UBA’s Response to Court Ruling

Ham Enterprises Limited with its lawyers Fred Muwema and Arnold Nogan Kimara has responded to Uganda Bankers’ Association press statement released on October 8, 2020 following a Commercial Court head Justice Henry Peter Adonyo ruling that the credit facilities DTB-Kenya offered to Ham Kiggundu are illegal since it is not licenced by Bank of Uganda…

Big Story: Equity Bank Sells Simbamanyo House To Tycoon Sudhir After Borrower Defaults On Shs11.5Bn Loan

Kampala mogul Dr. Sudhir Ruparelia is the new landlord of the expansive Simbamanyo House, which is situated on Lumumba Avenue opposite CPS building, after his Meera Company bought the building from Equity Bank. Simbamanyo House originally belonged to city businessman Peter Kamya, who staked it as collateral security to Equity Bank in 2017 for a…

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