Block 1
Tycoon Charles Mbire Acquires More Stake In MTN
Businessman Charles Mbire has bolstered his stake at MTN Uganda after acquiring an additional 2,263,930 shares in the telecom company at a total cost of Shs 459,907,621.00 on the Uganda Securities Exchange. The purchase which took place on August 22 was evidently the signature activity of the day, on Uganda’s Securities Exchange where MTN is…
“I Put Lots Of Money & 25 Years Of My Time and You Steal My bank! BoU & It’s Mafias Must Pay For Their Sins For Stealing My Bank – Sudhir
Several public officials, most recently Investment Minister Evelyn Anite have talked about “mafia” in government but one man Dr. Sudhir Ruparelia knows how to win against them. And unlike public figures who fear to mention the mafia, Sudhir didn’t shy away from saying that former BoU Executive Director In Charge of Commercial Bank Supervision Justine…
Two Ugandans Arrested For Dropping Coffin At Saudi Arabian Embassy
Police have arrested two members of Torture Survivors Movement Uganda after dropping a coffin at the Embassy of Saudi Arabia in Kampala, while protesting the continued torture and killings of Ugandan migrant workers in the Middle East. The protest on Tuesday, followed the reported cases of torture and subsequent death in Saudi Arabia, of another…
COSASE Rejects Uganda Airlines Plea To Bar Media From Meetings
The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has rejected a request by Uganda Airlines to bar the media from covering its proceedings. The national air carrier, through its Manager, Corporate Quality, Michael Kaliisa, also requested the committee, without revealing details, to reschedule their ongoing meetings to the second week of September 2022…
Five Private Security Firms On The Spot For Deploying Guards With Faulty Guns
The Police Alert Squad has named five private security firms for allegedly deploying guards with faulty firearms. Police spokesperson Fred Enanga identifies the implicated firms as Vision Security, Pinnacle Security, Ndugali Security, Premier Security, and Donward Security. He explains that they decided to name and shame the companies deploying guards with faulty weapons because it…
Malema Congratulates Ruto, Asks Raila To Concede Defeat
Leader of South Africa’s Economic Freedom Fighters party Julius Malema has yet again asked Azimio presidential candidate Raila Odinga to concede defeat. He has told the ODM leader not to go down in history as one who was desperate for power. Raila has unsuccessfully contested for the presidency five times. “Mr. Odinga must humble himself and…
“If They Don’t Comply, The Council Will Take Appropriate Action”- Govt Orders 32 Varsities To Acquire Charter Or Lose License
The government has asked 32 private universities to acquire a charter or have their operational licences revoked. A charter status is the highest licence from the universities’ regulator, only granted by the head of State. The executive director of the National Council for Higher Education (NCHE), Prof Mary Okwakol, said about 32 private universities will…
BREAKING: Former Security Minister General Elly Tumwine Is Dead
Former Security Minister General Elly Tumwine has passed on this morning at Aga khan Hospital in Nairobi. Gen Elly Tumwine has died at the age of 68. Tumwine was of the heroes of the 1986 Luweero bush war that brought the current NRM government to power. Tumwine is one of the 42 people armed with…
PICTORIAL: Dr. Sudhir Officially Receives Victoria University’s Charter from NCHE
City Businessman Dr Sudhir Ruparelia who is also the proprietor of Victoria University Kampala on Friday officially received the University’s Charter from the National Council for Higher Education (NCHE). The handover function was held at the NCHE head offices led by the Executive Director Prof Mary Okwakol. The charter, which is the highest license from…
Kampala International School Uganda Unveils New Teachers From Oxford-London
As schools continue to prepare for the new term starting next week, Kampala International School Uganda (KISU) has unveiled new teachers including Mr. Garry Tyrrell from Oxford, London. Tyrrell is equipped with a huge experience and teaching skills following his journey of transforming lives through education in countries like UK, Malaysia, Kenya and now at…