Hannington Mbabazi, Author at Thecapitaltimes

Why Court Directed DFCU to Pay Sudhir UGX2.4 Billion, Return All His Properties

A declaration that there are no valid leases in respect of the properties. The said leases are therefore declared to be invalid and absolutely determined on account of breach and illegality. A declaration that the occupation and continued utilization of the suit

November 10, 2023

Tech

Top 5 Latin American Tech Hubs 2023

Latin America is fast emerging as one of the world’s most exciting tech hubs. While the COVID-19 recession has impacted tech investment in the region, the continent’s entrepreneurial start-up communities are proving resilient in testing times. In recent years, Latin America has

November 10, 2023

Business

Inside Tycoon Sudhir’s Windsor House; a High-tech Grade A Office in Kololo

Uganda’s top property mogul, Dr Sudhir Ruparelia through Meera Investments Limited (MIL), one of Uganda’s largest Real Estate Developers, has yet again unveiled a magnificent property; the Windsor House in Kololo aimed at catering for the high demand for grade-A offices in

November 9, 2023

Business

Dfcu Bank Ordered To Vacate All Sudhir’s Properties Within 3 Months

In a groundbreaking verdict, dfcu Bank has been directed to vacate a set of prime properties owned by Mera Investments within the coming three months. Mera Investments is owned by prominent businessman Sudhir Ruparelia. This momentous ruling was issued by Justice Tadeo Asiimwe,

November 8, 2023

Business

Sudhir’s Meera Investments Slaps UGX32 Billion Rent Arrears To Staggering DFCU, Illegally Occupying Crane Chambers Building

Business tycoon Sudhir Ruparelia demands Dfcu Bank, the financial institution that took over management of Crane Bank in January 2017 to pay $8,660,462 (Sh32 billion) for rent arrears. Sudhir through his company Meera Investment Limited says the amount is in breach of

November 6, 2023

News

Kampala Parents’ School Joins Hands to Pray, Anoint P7 Candidates Ahead of PLE Exams

Kampala Parents’ School has today (Friday) dedicated a total of 214 Primary Seven Candidates to God ahead of next week’s Primary Leaving Examinations (PLE) which begin on Wednesday, November 08, 2023. Rooted on the pillars of life; spirituality, morality, and physical fitness,

November 3, 2023

News

Top 5 Forces That Will Shape International Finance in 2023

The start of the year is always a good moment to consider the key themes set to drive policy in the UK and EU over the next 12 months. 2022 was, by any measure, a difficult year in Europe. War on the

November 2, 2023

Business

Entebbe Airport Expansion to Displace Kigungu Residents

The Uganda Civil Aviation Authority-UCDA plans to displace residents of the neighboring Kigungu village for further development and expansion of Entebbe International Airport. The plan was disclosed by UCAA officials during an onsite visit and meeting with members of the Parliamentary Committee

October 27, 2023

Health

NDA Cracks Down on Illegal Drug Outlets in Northern Uganda

The National Drug Authority (NDA) has successfully concluded a 5-day compliance enforcement operation targeting illegal drug outlets in the Northern Region, spanning 6 districts including Apac, Alebtong, Kole, Lira City, Oyam, and Lira. During this operation, a total of 216 drug outlets

October 27, 2023

Health

President Museveni Commissions Bone Marrow Transplant Center

President Yoweri Kaguta Museveni has launched the first-ever bone marrow transplant centre in Uganda at the Joint Clinical Research Centre (JCRC) during its 30th-anniversary celebrations. The president also laid a foundation stone and signed off a master plan of the new proposed

October 27, 2023