May 2021 - Page 2 of 11 - Thecapitaltimes

News

NCB TakeOver: Court Dismisses With Costs Nzeyi’s Case Against Sudhir, BoU

Court has once again dismissed the suit in which one of the former owners of the liquidated National Bank of Commerce (NBC) sued Bank of Uganda, Crane Bank, and former owner Mr Sudhir Ruparelia as well as Kenyan tycoon Rasiklal Chhotal Kantaria.

May 26, 2021

Business

Parliament Secures Office Space For New MPs At Kingdom Kampala Building

The Parliament of Uganda has secured office space for new MPs at the Kampala Kingdom building as a business for the 11th Parliament takes shape. The 11th Parliament has 529 MPs who were all sworn in last week and are ready to

May 26, 2021

Business·Crime

Big Story: Ham Vs DTB Case Takes New Twists As FIA Grills Diamond Trust Bank Officials Over Tax Evasion, Money Laundering

The case in city tycoon Hamis Kiggundu of Ham Enterprises accuses Diamond Trust Bank of illegally debiting over USD34M from his company’s accounts has taken another twist after the Financial Intelligence Authority (FIA) grilled officials of the bank on Monday, about their

May 25, 2021

News

Ruparelia Group Congratulates Newly Elected Speaker Of Parliament Jacob Oulanya

The Ruparelia Group of Companies, a privately-owned conglomerate in Uganda has joined a couple of other organizations, companies, and Ugandans to congratulate Omoro County MP Rt. Hon. Jacob Oulanya upon being elected as the speaker of the 11th parliament. Mr Oulanyah was

May 25, 2021

News

Sam Evidence Orikunda: Jacob Oulanya’s Win Sealed The NRM’s Strength

By Sam Evidence Orikunda On Sunday evening, I watched the Right Honorable Rebecca Kadaga addressing the media and declaring to run as an independent candidate. I immediately started making an audit of the NRM’s strength in the 11th parliament but the results

May 25, 2021

Health

Newly Sworn In Ibanda Chairman Dies In Nasty Accident

Residents of Kagongo division in Ibanda municipality, Ibanda district are in shock following the abrupt death of their LC3 chairperson, Aggrey Mushabe. Mushabe was involved in an accident on Kashuku Road in Bufunda division on his way from Ibanda University at 11:00

May 25, 2021

Politics

Panic In Mali As Army Arrest President, Prime Minister After Cabinet Reshuffle

The Military in Mali on Monday arrested the country’s interim President and his Prime Minister in the latest mutiny after a mini cabinet reshuffle. Reports said President Bah Ndaw, Prime Minister Moctar Ouane and Defense Minister Souleymane Doucoure were arrested and taken

May 25, 2021

Politics

Just In: NRM’s Jacob Oulanya Voted Speaker Of 11th Parliament

Omoro County legislator, Rt. Hon. Jacob Oulanyah has been elected Speaker of the 11th Parliament after garnering the required 290 votes from fellow MP. The vote about 310 constituting 60% for Oulanyah and 197, 37% votes for Kadaga ultimately means that Hon.

May 24, 2021

Crime·Politics

Museveni;- ‘I am told there is corruption even in Parliament! How can this be? I am going to crash it & whoever is involved In’

President Yoweri Kaguta Tibuhaburwa Museveni is on a warpath in his renewed fight against corruption, warning that whoever is involved is going to ‘face my full force’. A tough-talking Museveni said corruption was failing the country’s development agenda and asked the newly

May 24, 2021

Crime

Panic As IGG Is Set To Investigate Kadaga As Speakership Seat Hangs In Balance

The NRM second top organ Central Executive Committee (CEC) on Sunday morning declined to support Rebecca Alitwala Kadaga as the Party’s flag bearer in race for Speaker due Monday 24th. CEC favored former Deputy Speaker Oulanyah Jacob for the coveted job, and

May 24, 2021