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What Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case

The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. There were concerns about the financial implications of the decision on the national Treasury and on Ugandans generally, while…

What AG Legal Opinion Means For COSASE Report On Departed Asian Assets

Attorney General Kiryowa Kiwanuka yesterday revealed that the recommendations contained in the Parliament’s Commissions, Statutory Authorities and State Enterprises (Cosase) report, regarding management of the properties of the departed Asians, cannot be implemented under the current law. “It was very clear, the recommendations by Cosase that they were asking us to do; were not tenable…

Western Uganda Parks To Attract Mob Tourists

It’s definite that western Uganda outcompetes other regions when it comes to remarkable tourist attractions and activities that offer memorable experiences. It’s evident that over 80% of tourists to Uganda opt for western region to explore the hidden gem. Therefore, any Uganda safari booking without visiting the western region is incomplete and missing. A combination of…

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