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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 bank’s overall profitability for 2021, was considerably affected by the loan impairments, which…
Opposition Politicians Distance Themselves From Fuel Prices Protests,Security Warns Public Against Illegal Demonstrations
Most of opposition politicians in parties like Forum for Democratic Change ‘FDC’, Democratic Party ‘DP’,Jema and National Unity Platform ‘NUP’ have distanced themselves from fueling a section of excited Ugandans engaging in demonstrations over high fuel and commodity prices. This comes after several messages have been circulating on different social media platforms from yet to…
Soroti East By-election: VP Alupo Pleads With Voters To Support NRM Candidate
Related posts: Over 1,600 New Voters Registered Ahead Of Soroti East By-election VP Alupo Pledges Govt Support To King Ceasor University Exposed: NUP Leaders Resort To Hate Speech,Propaganda In Kayunga By-Election To Disorganize Voters Powered by YARPP.
Kalangala RDC Blocks Eviction Of Over 100 Residents
Juliet Najjuma Senkoole, the Resident District Commissioner of Kalangala has blocked the eviction of over 100 residents on a contested piece of land in Bujumba County. Senkoole made the directive on Saturday during a meeting between the affected residents and Nsamba Lubega, who claims ownership of the land. The disputed land covers 61.256 hectares in…
IGP Ochola Condemns Killing Of Policeman At Roadblock In Luwero
The Inspector General of Police Martin Okoth Ochola has condemned the brutal killing of a policeman and injury of another in an attack at a roadblock in Luwero district along the Kampala-Gulu highway. On Monday at around 12.30pm, assailants armed with machetes emerged from both sides of the checkpoint and attacked the two field force…
41 Arrested For Protesting High Commodity Prices
Police in Kiira region on Monday evening confirmed the arrest of 41 youths who are accused of being involved in the protests within Jinja city and Jinja district at large. The suspects are currently detained at different gazetted police stations within the Kiira policing area. 34 suspects were arrested from different highway points in Jinja…
PICTORIAL: Inside Sudhir Ruparelia’s Magnificent One-10 Apartments He Recently Put Up for Sale
Meera Investment Limited, a real estate arm under Ruparelia group recently presented Uganda’s largest fabulous homes grand project, the ‘One-10 Apartments’ for sale. The luxury, high-end apartments are located in Kololo on Prince Charles Drive, one of Kampala’s most affluent and exclusive suburbs; a location home to many of Uganda’s diplomates and elite class, owing to its serene and secure environment. The breathtaking panoramic…
Is Ugandan Gov’t Being Unfair To Local Companies Intending To Grow Medical Cannabis?
The growing of marijuana for medicinal use has attained legal status in many countries across the world including Africa where global pharmaceutical companies regard as the new frontier for growing the herb. In Uganda, local and international companies have expressed interest in growing the herb on a commercial scale to meet the demand in Europe,…
Big Story: Leadership Crisis Hits BoU As Museveni Fail To Appoint New Governor
President Museveni’s failure to appoint a new Governor for the Bank of Uganda has left the institution exposed. Deputy Governor Michael Atingi-Ego has reportedly failed to stamp his authority on the institution which has been running under the leadership of the late Prof. Emmanuel Tumusiime Mutebile, an economist with a no-holds-barrel approach to handling the…
NEMA, Speke Hotel Ltd Finally Agree On Measures For Sustainable Implementation Of Kitubulu Resort Project
The National Environment Management Authority (NEMA) has finally agreed with Speke Hotel (1996) Limited on measures for safeguarding the ecological integrity of Lake Victoria while implementing the Speke Resort project at Kitubulu, Katabi sub-county, Wakiso District. The approval followed the conclusion to NEMA’s satisfaction of the project design review and adjustments by the developer under…