Monthly Archives: August, 2022

“If They Don’t Comply, The Council Will Take Appropriate Action”- Govt Orders 32 Varsities To Acquire Charter Or Lose License

The government has asked 32 private universities to acquire a charter or have their operational licences revoked. A charter status is the highest licence from the universities’ regulator, only granted by the head of State. The executive director of the National Council for Higher Education (NCHE), Prof Mary Okwakol, said about 32 private universities will…

Five Private Security Firms On The Spot For Deploying Guards With Faulty Guns

The Police Alert Squad has named five private security firms for allegedly deploying guards with faulty firearms. Police spokesperson Fred Enanga identifies the implicated firms as Vision Security, Pinnacle Security, Ndugali Security, Premier Security, and Donward Security. He explains that they decided to name and shame the companies deploying guards with faulty weapons because it…

COSASE Rejects Uganda Airlines Plea To Bar Media From Meetings

The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has rejected a request by Uganda Airlines to bar the media from covering its proceedings. The national air carrier, through its Manager, Corporate Quality, Michael Kaliisa, also requested the committee, without revealing details, to reschedule their ongoing meetings to the second week of September 2022…

“I Put Lots Of Money & 25 Years Of My Time and You Steal My bank! BoU & It’s Mafias Must Pay For Their Sins For Stealing My Bank – Sudhir

Several public officials, most recently Investment Minister Evelyn Anite have talked about “mafia” in government but one man Dr. Sudhir Ruparelia knows how to win against them. And unlike public figures who fear to mention the mafia, Sudhir didn’t shy away from saying that former BoU Executive Director In Charge of Commercial Bank Supervision Justine…

Victoria University Fronts East Africa’s Top Musicians & Comedians To ‘Level Up’ Its 6th Graduation Ceremony

Victoria University has unveiled a VU Grad Festival – Level Up which will mark its 6th Graduation Ceremony to be held at Speke Resort Muyonyo. According to the University, the event will take place on 3rd September 2022 with all East Africa’s top entertainers and musicians. ”This graduation ceremony is indeed a festival. It’s going…

Half a Decade After Fraudulent Take Over Of Powerful Crane Bank, Staggering Dfcu Bank Stuck In Limbo

Recently, the board of DFCU Bank Limited appointed Dr Winifred Mary Tarinyeba Kiryabwire as the Board Chairperson amidst the bank’s staggering status that has seen it losing millions of customers. Remember that Winifred’s appointment was after the bank releasing its 2021 results showing it had lost UGX313 billion or 12% of its customer deposits. Deposits,…

Fighting Corruption: Over UGX 526 Million Kitgum PDM Bonanza Crashed By Massive Anti-corruption Inter-Agency Units

Operatives from various security agencies led by the PDM National Secretariat Deputy National Coordinator Hon. Jovrine Kallisa, ISO Anti-Corruption Operations Unit, and the CID of Uganda Police Force raided the office of the Chief Administrative Officer, Kitgum seeking an explanation on how money for the Parish Development Model commonly known as PDM was spent after…

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