Hannington Mbabazi, Author at Thecapitaltimes

Crime

BoU Saga: DPP Orders Police To Arrest Kasekende, Sekabira, Bagyenda & Search Their Homes For Defrauding Defunct Banks Properties

The days of running for former Bank of Uganda Deputy Governor Louis Kasekende, former Director Compliance Justine Bagyenda, Ben Sekabira, the Director for Financial Markets Development Coordinator and other Central Bank officials who were involved in the fraudulent sale of Teefe Trust

August 7, 2020

Politics

NRM Reportedly Postpones Elections For Top CEC Members

The National Resistance Movement (NRM) Party has reportedly resolved to postpone elections for the top Central Executive Committee (CEC) members. According to the Party revised roadmap, elections for the Party chairperson, first national vice chairperson, the second national vice chairperson (female) and

August 7, 2020

Business

‘You Must Pay COVID-19 Rent Arrears’- Gov’t Chief Whip Nankabirwa Tells Traders As Landlords Lock Shops

Government Chief Whip, Ruth Nankabirwa has advised Ugandans to forget about not paying their rent arrears for the months the country was under lockdown. She instead promised to ask government to come up with an affordable credit facility which can help the

August 6, 2020

Politics

Hon. Basaliza Roots For Elderly MP Seat Western Region Come 2021 Election

Rtd. Col. Steven Basaliza aka Omudumizi, the former Burahya Member of Parliament (MP), in Kabarole District, has revealed that come rain or sunshine, he has to contest for one of the five seats for the elderly that were recently created by Parliament.

August 6, 2020

Business

BoU Painfully Coughs Remaining Tittles Of Defunct Banks As Investigations Bite

The Central Bank of Uganda has finally given up asked owners of the unclaimed certificates of land titles of former defunct banks to apply and reclaim them. The unclaimed certificates of over 21 land titles were advertised on Wednesday August 5, 20220

August 5, 2020

Business·Hot News·Hot Take·Trending

Ugandan Government To Lose Shs340 Billion Per Year In Tax Stamps

Due to the continued refusal by the manufacturers to pay for the tax stamps, Government of Uganda (GoU) is looking at Shs 340 Billion Shillings to be paid to SICPA a company it out sourced to supply the Digital Tax Stamps. This

August 4, 2020

Business

NCA, Police Arrest ‘Iconic’ Criminals In Biggest Ever Operation After Encryption Breakthrough

British police have carried out their biggest operation ever, arresting “iconic” figures and smashing thousands of conspiracies including murder plots after infiltrating a communications service used by criminals. The National Crime Agency (NCA) said the cracking of the encryption used by EncroChat,

August 3, 2020

Health

Kabale Lost 38 Babies, 4 Mothers During Covid-19 Lockdown

Four mothers and 38 babies have died in Kabale district since the Covid-19 lock down was announced in March this year. This is contained in a report by the District Health Department following a survey in health facilities across the district conducted

August 3, 2020

Business

Dr Entingi-Ego Officially Takes Over As New Bank of Uganda Deputy Governor

Dr. Atingi-Ego has assumed his role as the Deputy Governor, Bank of Uganda on August 03, 2020 following his appointment by His Excellency Yoweri Kaguta Museveni on 23 April, 2020. He replaces Dr. Louis Kasekende, whose contract expired in January and wasn’t

August 3, 2020

Education

Victoria University Slashes Tuition Fees By 50% To Enable Students Study Amidst Covid-19 Crisis

Victoria University one of Uganda’s model Universitity has reduced its tuition fees to 50% for existing, returning students and new students going forward. The move comes after several complaints from students and parents affected by the damaging economic impact of COVID-19 and

August 3, 2020