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Monthly Archives: November, 2021

PICTORIAL AS : Eight More Companies Join Premier Recruitment, Victoria University To Sponsor The Much Anticipated Sexy Speed Rally In Jinja

By Hannington MbabaziNovember 16, 2021 0

Eight more companies including Movit, Fire and Safety Appliances Limited, Marine Time Company and Lato Milk have now joined as co-sponsors of this year’s Seventh (7th) Edition of the Federation of Motorsport Rally Championship (FMU), dubbed the ‘Sexy Speed Rally. These were unveiled on November, 16, 2021 at the Uganda Olympic Committee (UOC) headquarters in…

Crime

POLICE VIDEO: CCTV Footage Shows How Suicide Bomber Blew Himself Near CPS In Kampala

By Hannington MbabaziNovember 16, 2021 0

Police CCTV footage has emerged showing how a suicide blew himself in a bomb blast that hit the city center near the Central Police Station in Kampala and Parliament Avenue on Tuesday morning. The video which first leaked on social media shows a thin tall man carrying a heavy bag on his back who walked…

Security

Panic Grips Kampala After Twin Bomb Blasts

By Hannington MbabaziNovember 16, 2021 0

Uganda’s Capital, Kampala has on Tuesday been gripped with tension and panic following two suspected bomb blasts that went off at Kooki Towers opposite Central Police Station (CPS) and another one at Parliamentary Avenue, a few meters away from the Parliament Building. According to reports coming in, several have been injured in the explosion although police…

Security

President Museveni To Address Ugandans On Covid-19 & Security Related Issues

By Hannington MbabaziNovember 16, 2021 0

The President of the Republic of Uganda H.E Yoweri Kaguta Museveni will on Friday 19, 2021 address the Nation on the current Covid-19 situation and related matters. According to the Senior Presidential press secretary Lindah Nabussayi Wamboka, the address at 8pm will be live on all Television and Radios. “President @KagutaMuseveni will on Friday 19,…

Politics

Op-ed: Poor Youth Support President Museveni Empathy To Empower Rights Of Peasants

By adminNovember 16, 2021 0

By Ben Ssebuguzi Kampala: If you read and analyse well President Museveni’s letter to CEC about land, you will realize that NRM is the only party that was founded on the principal and doctrine of empowering Ugandans at the grassroots level who the bakoopi (peasants). The President used his benevolence and tenderness to remind the…

Education

Victoria University Now Offering Two Special Scholarships, See How You Can Get Them

By Hannington MbabaziNovember 16, 2021 0

Victoria University Kampala (VU) has announced an offering of two special categories of scholarships awarded to students with financial challenges as a bailout to parents and guardians hit by the covid-19 pandemic effects. In the two special scholarship categories, VU says the first scholarship offered at 60% offered through Ruparelia Foundation as a COVID-19 relief…

Business

Why Sudhir’s Lawyers Want Crane Bank Returned To It’s Original Share Holders

By Hannington MbabaziNovember 16, 2021 0

In January 2017, Crane Bank was acquired by DFCU Bank at a cost of Shs200 billion ($52.8 million) on grounds that it was undercapitalized as declared by the regulator Bank of Uganda. Crane Bank whose proprietor is businessman Sudhir Reparelia remained open under statutory management until most of its assets and liabilities would be transferred…

Business

BOU-SUDHIR CASE: It Is Supreme Court To Determine Costs As Withdrawal Isn’t Dismissal

By adminNovember 16, 2021 0

It is the Supreme Court that will determine the costs to be paid to city businessman Sudhir Ruparelia by Bank of Uganda (BOU) in the long-running legal battle between the tycoon and his Meera Investments Ltd and the central bank, resulting from the closure of Crane Bank Ltd. Both the High Court and the Court…

Business

Gov’t Finally Transfers Its Shares In Munyonyo Commonwealth Resort To UDC

By Our ReporterNovember 15, 2021 0

According to a couple of letters seen by this website, the Ministry of Finance, Planning and Economic Development (MoFPED) finally came to a conclusion of transferring government’s 25% shares held in the Commonwealth Resort, Munyonyo to Uganda Development Corporation (UDC). For our first time readers, the Government, through MoFPED, holds 25 percent of the shares…

News

Former BOU Chief Elangot Failed To Access His Pension

By Hannington MbabaziNovember 15, 2021 0

Thousands of mourners who trekked to Serere district to pay their last respect to the fallen former Deputy Governor of Bank of Uganda, John Robert Elangot were shocked to learn that the 87- year- old man died before receiving his pension. Elangot died on November 6, 2021 at Kampala Hospital after suffering a stroke, brain…

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