Hannington Mbabazi, Author at Thecapitaltimes

Health

Mulago Hospital Officials Grilled For Flouting Financial Regulations

Officials from Mulago Specialised Women and Neo-natal Hospital are tasked to explain why they were issued with letters of credit from Bank of Uganda worth Shs4.07 billion despite the closure of the financial year. While interfacing with the officials on Monday, 31

August 3, 2023

News

Refugee Hosting Communities To Get Internet Connections

Refugee hosting districts around the country will soon be connected to high speed internet under the Uganda Digital Acceleration Project (UDAP-GOVNET). According to Dr. Hatwib Mugasa, the Executive Director of the National Information Technology Authority (NITA-Uganda), the move aims at promoting digital

August 3, 2023

Business

Big Story: London Appellate Court Orders Embattled Dfcu Bank, Its Former Managers To Cough Over UGX8.8 Billion In Costs To Crane Bank Shareholders

A London Court of Appeal has ordered dfcu Bank, its holding company, dfcu Limited, as well as dfcu Bank’s former board chairman, Jimmy Mugerwa (now dfcu Limited Chairman), Juma Kisaame and William Sekabembe, the bank’s former Managing Director and Executive Director respectively,

August 1, 2023

Business

Crane Bank Shareholders On Cloud9 Again Over UK Court Ruling, Vow To Milk Billions From DFCU Bank Over ‘Fraudulent’ Takeover, Disturbing Their Peace!

Crane Bank and its shareholders are on cloud nine following a Wednesday ruling where the Court of Appeal from the High Court of Justice, Business and Property Courts in England, overturned the lower court’s decision, which had exonerated DFCU bank and its

July 30, 2023

Business

Crane Bank Ghost Ranges On: Embattled Dfcu Bank Fires AG CEO William Ssekabembe

The board of Directors of the embattled Dfcu-Bank has sacked its Acting Executive Director who doubled as chief commercial officer, William Ssekabembe. The company secretary, Angelin Namakula Ofwono, revealed his sack announcement. Ssekabembe with an experience of over 24 years in the

July 29, 2023

Business

Luxurious Speke Resort Munyonyo Set To Host 2nd G-25 Africa Coffee Summit

Uganda is gearing up to host the prestigious 2nd G-25 Africa Coffee Summit (ACS) which is set to be a platform for showcasing the continent’s vast coffee potential in the world. The conference organized by the Ministry of Agriculture Animal Industry and

July 29, 2023

Entertainment

Eddy Kenzo, Morgan Heritage Set To Drop Single Next Week

3 time Grammys winners Morgan Heritage will next Wednesday drop their single featuring Uganda’s BET winner and Grammys nominee Eddy Kenzo featuring S’Villa. The anticipation is high as the entertainment Arena cannot wait to see some of the top notch talent put

July 28, 2023

Business

‘They Should Be Put On Cross For Agonizing a Stable Institution’- Panic As London Court Calls For Prosecution of Corrupt BoU Officials Who Conspired With Struggling DFCU To ‘Steal’ Crane Bank

3 revered judges of the Court of Appeal in London are astonished that a group of dubious, corrupt and deceitful officials from the Bank of Uganda who designed a plan to steal and sell off Crane Bank Limited (CBL) are not in

July 27, 2023

Business

DETAILS: What You Didn’t Know About The UK Court Ruling That Will See Tycoon Sudhir Pocket More UGX795 Bn In The Dfcu-Crane Bank Case

City Tycoon and Banking Mogul Dr Sudhir Ruparelia, together with six (6) other stakeholders of the now-defunct Crane Bank are set to pocket billions after a major victory against DFCU Bank in an England court. The other appellants are; Jyotsna Ruparelia (Sudhir’s

July 27, 2023

Business

Crane Bank Saga: DFCU Troubles Deepen As UK Court Makes Major Ruling In Favor of Sudhir

The Court of Appeal from the High Court of Justice Business and Property Courts in England has issued a judgement quashing an earlier decision by the lower court exonerating dfcu bank and its shareholders from fraudulently taking over Crane Bank. The Court

July 27, 2023