Block 15
I&M Signs Agreement to Acquire 90% of Orient Bank Uganda
I&M Holdings PLC has issued a cautionary announcement advising its shareholders of a proposed transaction between the bank and Uganda’s Orient bank Limited, which may affect the value of its shares. In the proposed transaction, I&M plans to acquire 90% of the ownership of the Ugandan bank. “Shareholders of I&M Holdings Plc are advised that…
Dissatisfied Pader Sub-County Leaders Reject Shs 7 million Covid-19 Funds
Sub-county leaders in Pader district have rejected 7.9 million shillings allocated for Covid-19 activities. Twelve sub-counties in the district were allocated the money in April this year by the district task-force to facilitate COVID-19 related activities. The money is part of the 165 million shillings the district received from the government for COVID-19 fight. Each…
Health Ministry Confirms 10 New Covid-19 Cases, Number Rise To 1,089
Ministry of Health has registered 10 new COVID-19 infections as Uganda’s total confirmed cases shoot to 1,089 with 975 total recoveries and one death case. This was revealed by Dr Henry Mwebesa, the director general Health Services on Friday whi said, the confirmed cases include truck drivers (four), a contact of a confirmed case, a…
Mixed Reactions As Some DP Top Leaders Defect To Kyagulanyi’s NUP
Democratic Party (DP) leaders in Masaka district have chosen to transfer their party structures into mobilization units for the National Unity Platform-NUP, a new political party that formed a coalition with MP Robert Kyagulanyi’s People Power pressure group. Leaders of the revival DP faction in Masaka district have embraced the new political formation and resolved…
High Spirits As Eth Lawinsky Wins Sanyu FM’s Hot Mic Competition
Ethan Kavuma aka Eth Lawinsky has this evening won the Sanyu FM’s Hot Mic Search competition. Lawinsky beat other nine finalists to emerge the winner of the Shs3M grand prize and a 3-year job contract at Sanyu FM. While gracing the give on cerebrations, Businessman Rajiv Ruparelia, the Managing Director of the Ruparelia Group of…
Min.Onek Sues MPs Odonga Otto,Olanya Over Defamation,Demands Shs 400M
Hon.Hillary Onek,the Minister for Disaster Preparedness & Refugees has sued three members of Parliament from Northern Uganda over defamation. In the documents filed at the High Court Kampala, Min.Onek is seeking shs 400m from lawmakers Hon.Okin Ojara,Gilbert Olanya and Odonga Otto. Min.Onek claims that on June 17, 2020, the accused Mps appeared on 91.5 Mighty…
Panic As Uganda Registers First Covid-19 Death
Uganda has registered the first Covid-19 death. The deceased is a 34-year-old Ugandan support staff working in Namisindwa District, according to Dr Henry Mwebesa, the director health services. She first presented with Covid like signs and symptoms; fever, dry cough, headache and difficulty in breathing. She was initially admitted to Wasungui HC II on Wednesday…
Just In: M7 Appoints Former Lukwago’s Deputy Sarah Kanyike Minister For Elderly & Disabilities
President Yoweri Kaguta Museveni has appointed former Kampala Capital City Authority (KCCA) Deputy Lord Mayor Hajjat Sarah Kanyike to the Ministry of Gender as a State Minister for the elderly and people with disabilities, a docket that has been empty for years. In June, Mr Museveni had appointed Kanyike as director gender, community service, and…
Just In: Former Tanzanian President Benjamin Mkapa Dies At 81
Tanzania’s former President Benjamin Mkapa, who served from 1995 to 2005, died in the early hours of Friday, President John Magufuli said in a statement. Mkapa, the East African nation’s third president who led several regional peace mediation efforts in office and afterwards, died while receiving treatment at a hospital in Dar es Salaam, Magufuli…
Just In: M7 Appoints Former Lukwago’s Deputy Sarah Kanyike Minister For Elderly&Distabilities
President Yoweri Kaguta Museveni has appointed former Kampala Capital City Authority (KCCA) Deputy Lord Mayor Hajjat Sarah Kanyike to the Ministry of Gender as a State Minister for the elderly and people with disabilities, a docket that has been empty for years. In June, Mr Museveni had appointed Kanyike as director gender, community service, and…