2021 - Page 29 of 162 - Thecapitaltimes

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

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

November 16, 2021

Business

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

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

November 16, 2021

Business

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

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

November 16, 2021

Business

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

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

November 15, 2021

News

Former BOU Chief Elangot Failed To Access His Pension

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

November 15, 2021

Crime

Two UPDF Soldiers To Serve Death Sentence For Killing Civilians In Somalia

Two Ugandan soldiers accused of killing seven Somali civilians in August while serving under the African Union peacekeeping mission (AMISOM) have been sentenced to death while three others to 39 years each in jail after being found guilty by a court-martial. AMISOM

November 15, 2021

Politics·Travel

President Museveni Meets India’s Min. Muraleedharan, Praises Indian Community & Pledge To Continue The Friendship

President Yoweri K. Museveni has pledged the country’s continued friendship with India, its people, and the Indian Community in Uganda. He said this in the meeting with India’s Minister of State for External Affairs V. Muraleedharan. During their meeting, the two countries

November 15, 2021

Business

Bye Bye To Simbamanyo: Mogul Sudhir Completes Final Works On Renaming Multibillion Building-Gender & Labour House

Former Simbamannyo building has been officially changed to Gender & Labour House-our sources have disclosed. The multibillion building that is under the management of Meera Investments Ltd also a real estate arm of tycoon’s Ruparelia Group, houses the Ministry of Labor, Gender,

November 15, 2021

Business

Big Story: Legislature Moves To Kick BoU Top Officials Out Of Juicy Positions Over ‘Dubious Sale Of Crane Bank, Seven Commercial Banks’

The Parliament of Uganda through Igara East Member of Parliament, Hon Michael Mawanda is working on a, ‘Constitution (Amendment) Bill, that seeks to, among others, remove the Governor and Deputy Governor of Bank of Uganda from being Chairperson and Vice Chairperson respectively

November 14, 2021

News

Indian Association Uganda Asks Indian Gov’t To Lower Import Taxes

The Indian Association Uganda has requested the Indian Government to lower import taxes, especially on coffee and cocoa. They made the call through the visiting state minister for External Affairs, Vellamvelly Muraleedharan, during a breakfast meeting at Serena Hotel in Kampala. The

November 14, 2021