admin, Author at The Capital Times

How Richard Omongole Predicted Bank of Uganda To Kill The Ugandan Economy

Uganda’s post coronavirus economic failings are going to come from the IMF/world bank supervised theoretical economist at bank of Uganda. You borrow $ 491.5 million, then $151m will go to budget support and UDB . A whole $340m just for bank of

August 2, 2022

Business·Crime

Deep Trouble: Equity Bank Bosses At It Again As CEO Mwangi Secures Court Order To Escape Arrest

Equity Bank chief executive officer James Mwangi has secured a court order blocking his possible investigation or arrest over a disputed multi-billion shilling property in the high-end Muthaiga estate in Nairobi. Mwangi, who has served Equity Bank for 32 years, faces arrest

August 1, 2022

Crime·Health

Police Names Mbale City Flood Victims, As Death Toll Hits 20

The death toll of the Mbale city flood victims has increased to 20 people. Ten more bodies have been recovered this morning from River Nabuyonga in Mbale City Industrial Division. The 10 were traveling in a super custom, which plunged into the

August 1, 2022

Security·Uganda

Judiciary Unveils New Bail Guidelines

The Judiciary has unveiled new bail guidelines aimed at promoting uniformity and consistency by courts while considering bail applications. Launched by Chief Justice Alfonse Owiny-Dollo at the Judiciary headquarters on Wednesday, the new guidelines require courts to consider and dispose of bail

July 28, 2022

Business

Is Atingi-Ego Not Creative Enough To Have Own Methods Of Supervising BoU Than Relying On What The Late Mutebile Left

Since being appointed the Bank of Uganda (BoU) Deputy Governor and has been acting as Governor, Michael Atingi-Ego has now raised the indicative Central Bank Rate (CBR), twice to the current 8.5 per cent, encouraging commercial banks to also raise interest rates

July 28, 2022

Politics

Soroti East By-election: VP Alupo Pleads With Voters To Support NRM Candidate

July 25, 2022

Business

Don’t Give Us Excuses Over Your Incompetence, Cough Our Money – Shareholders Task Dfcu Bosses

Earlier this year, Dfcu Bank announced that its shareholders will have to wait longer before they think of getting dividends for the year 2021 as the bank struggles to preserve capital. According to the bank’s latest audited financial results published recently, the

July 25, 2022

Uncategorized

Hunted: Top LGBT Activist Kirwana Flees Uganda To Exile, Govt Wants Him Deported To Face Charges Of Promoting Homosexuality

Up to now, nothing has been heard or seen on this chief lesbianism and gays city activist Mr Moses Kirwana. Most of his former cronies in favor of these resistable same sex practices have since disappeared. Uganda being a religious and culturally

July 25, 2022

Business

Dubious Sale Of Crane Bank Is The Terrible ‘Financial Game’ Central Bank Will Regret For Lifetime

Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as an everyday activity to supervise and regulate the banking sector when they took over and subsequently sold Crane Bank to DFCU

July 24, 2022

Health

Gov’t Earmarks UGX 300M For Installing X-Ray Machine At Buliisa Hospital

The government has through the Ministry of Health earmarked Shillings 300million for the installation of a brand new digital X-ray machine at Buliisa general hospital. The digital X-ray machine has been lying idle for two years since it was procured by the

July 21, 2022