June 19, 2024 - Thecapitaltimes

Huge Scandal: 803Bn World Bank ‘GROW’ Project Funds Siphoning Paralyzes Investigators

The Public Accounts Committee (PAC) has raised concerns over the utilisation of a Shs803 billion World Bank grant intended for the Generating Growth Opportunities and Productivity for Women (GROW) Project. According to a report of the Auditor General, despite the grant’s primary

June 19, 2024

Africa

Scores Killed In Deadly Blaze Breaks Out At Military Ammunition

People have been killed and injured after a huge fire broke out at an ammunition depot in Chad, causing major explosions, senior government ministers have said. Foreign Minister Koulamallah Abderaman said the blaze happened at a military depot in the Goudji area

June 19, 2024

Business

BOU Winds Up Mercantile Credit Bank Due To Insolvency

The Bank of Uganda has taken action to place Mercantile Credit Bank Limited under liquidation, revoked its license, and ordered the winding up of its affairs due to issues such as insolvency, under-capitalization and poor corporate governance. In a statement released by

June 19, 2024

Security

M7 Extends Brig.Mugabe’s Contract As Chairman General Court Martial

President Yoweri Kaguta Museveni, has officially renewed the contract of Brigadier Freeman Robert Mugabe as Chairperson of the General Court Martial. Brigadier Mugabe’s contract, which expired on June 9th, was renewed last Thursday, according to a letter dated June 6th, 2024. The

June 19, 2024

Community

H.E Kate Airey Hails Aganza Kisaka The CEO Of Yenze Theatre Conservatoire For Nurturing Artists

Her Excellency Kate Airey, the British High Commissioner to Uganda, has said the Ugandan theatre industry should be supported and developed to be an integral part of the social economic development programs of the nation. The British High Commissioner made these remarks

June 19, 2024