August 2021 - Page 10 of 19

News

DFCU Troubles Escalate As Ex Crane Bank Shareholders Drag Staggering Bank To English High Court

DFCU bank has announced that shareholders of former Crane Bank Limited have filed a claim in the English High Court over its takeover of some assets and liabilities of the bank in 2017. This website understands that DFCU Bank is a subsidiary

August 17, 2021

News

Sensational! Speke Resort Munyonyo Unveils Romantic Indulgence Offer For Couples

Uganda’s paradise resort, Munyonyo Commonwealth has unveiled a luxurious event dubbed ‘Romantic Indulgence’ meant to thrill couples with millions of lavish goodies. In this offer, the hotel says its accommodation rooms have been brought at only UGX79,5000 which will see a couple

August 17, 2021

Business

Strong: Equity Group Holdings PLC Doubles Profitability Validating Its Resilience And Business Continuity Strategy During Covid- 19 Pandemic

Equity Group Holdings Plc has announced a 98% growth in half year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year. Speaking while releasing the results, Equity Group Managing Director and CEO Dr James Mwangi said, “The defensive and offensive

August 16, 2021

Health

One Perish, 16 Severely Injured In Buvuma Nasty Road Accident

One person has died on the spot and 16 others are nursing severe wounds from an accident in Bubanzi village, Buvuma town council. The deceased has been identified as Julius Kwanya, an employee of Buvuma Oil Palm Uganda. Kwanya and the injured

August 16, 2021

Business·Crime

Emyooga Funds Spent On Unregistered SACCOs in Kyotera

Members of Parliament from Kyotera district have queried the criteria used to spend more than one billion Shillings under Emyooga, a presidential initiative aimed at wealth and job creation. The scheme was launched in 2019 to enhance the entrepreneurial capacity of selected

August 16, 2021

Crime

Teenager Drowns in River Nyamwamba

A teenager has drowned in River Nyamwamba in Kasese district. The Capital Times has learnt that Elias Masereka, a 17-year-old student at Kilembe secondary school drowned on Sunday while trying to repair a makeshift bridge weakened by flooding on Saturday evening and

August 16, 2021

Trending·Uganda

Busted: How Over Shs 90M Emyooga Funds Were Allocated to Wrong Beneficiaries

SERERE: At least Uganda shillings 90 Million meant for Emyooga Program in Serere District has gone to the Hands of the wrong beneficiaries. President Yoweri Kaguta Museveni in August 2019 launched Emyooga Program, a poverty eradication programme meant to transform 68% of Ugandan

August 16, 2021

Africa·Politics

Zambia’s Opposition Leader ‘Hichilema’ Wins Presidential Elections

Zambia’s opposition leader Hakainde Hichilema has emerged as the winner in the Aug. 12 presidential election, beating incumbent President Edgar Lungu. Electoral Commission of Zambia Chairperson Justice Esau Chulu declared the result in the early hours of Monday after full and thorough

August 16, 2021

Politics

Excitement As MP Ssegirinya Unveils New Kawempe North Bus Project

Kawempe North legislator honourable Ssegirinya Muhammad has yet again come up with another project for his constituents dubbed ‘The Bus Project’. Through his social media handles, the legislator has revealed that before the end of September, Kawempe North bus will be in

August 16, 2021

Crime

KHM International, 10 Other Labour Export Companies Suspended Over Human Trafficking, Forgeries & Gross Extortion

The Government of Uganda through ministries of Internal Affairs and Gender, Labour and Social Development has announced the suspension of 11 external labour recruitment agencies, citing gross forgeries and other abuses such as human trafficking and extortion. The Ministry said some companies

August 16, 2021