Block 7
Unearthing Rot In BoU: Leaked Meeting Minutes Indicate Top Managers Knew Liquidating Crane Bank Was Illegal But Adamantly Proceeded
On November 9, Bank of Uganda (BoU) announced that it had commenced Crane Bank’s liquidation in a notice signed by Profesor Emanuel Mutebile the Central Bank’s Governor. “Bank of Uganda (BoU) took over management of Crane Bank Ltd (CBL) on October 20, 2016 and subsequently progressed it into receivership on January 24, 2017. In exercise…
Gov’t Starts Inspection Of Private Labour Export Companies As They Resume Business
The Ministry of Gender, Labour and Social Development has today started the inspection of labour exporting companies to assess the level of compliance with the COVID-19 Standard Operating Procedures (SOPs). According to a letter from Aggrey David Kibenge, the Permanent Secretary of the Gender Ministry, addressed to the Executive Director of Uganda Association of External…
Embattled EOC Boss ‘Sylvia Ntambi’ Committed To High Court To Stand Trial
Equal Opportunities Commission (EOC) Chairperson Sylvia Muwebwa Ntambi has been committed to the High court for trial on charges of corruption. Ntambi, battling charges of conspiracy to defraud and corruption, was on Tuesday (November 24, 2020) committed after the state prosecutor Harriet Angom informed the court that investigations were complete and that they are ready to…
Education Giants Victoria University Swears In New Council Members
Victoria University has today inaugurated a 14 member team of specialists who form its new University council. The function took place at the university headquarters located along Jinja road in Kampala. The new council members are 1. Mr Joram Kahenano as its Chairperson who is specialized in Leadership. 2. Mr Joseph Biribonwa Vice Chairperson a…
Exposed: Dfcu Bank Under Fire For Hiding Covid-19 Positive Numbers Among Staff
Struggling Dfcu bank has again come under fire for allegedly hiding corona numbers among its staffs at various branches in Kampala. Sources within Dfcu have disclosed that the bank has registered multiple undisclosed cases in the branches of Kampala Road branch, former crane chambers where three are sick so far, Ntinda capital shoppers branch where…
Dr. Sudhir: Education Is Something That Can Add Value To Society
Education is a right and necessary tool that can add value to society, businessman Dr. Sudhir Ruparelia, the chairman Ruparelia Group, has said. He explained that for this to happen, the right investment has to be made for the education system to deliver the right services and value to members of society. He said the…
Bushenyi Residents Report Willis Bashasha To Museveni Over Endless District Scandals
Bitter Bushenyi residents have tasked president Yoweri Kaguta Museveni chairman of National Resistance Movement ‘NRM’ to drop Willis Bashasha,manifesto implementation director due to endless scandals. Recently, Bushenyi District council voted to forceful evict Bashasha from the Local government house which he was occupying illegally after his term as chairman LC 5 ended. In the recently…
Museveni Commissions Tororo Ultra Modern Market
President Yoweri Kaguta Museveni has commissioned the ultra-modern Tororo Main market in Tororo municipality as part of his campaign trail in Bukedi sub-region. The market will accommodate over 1700 vendors, especially women and youths. Speaking at the function, the President said such developments indicate the way the NRM does its work. “People waste alot of…
Team Thorough YKM Condemns Burning Of Tshirts,Posters
Hillary Ainesasi ,Deputy national in charge of mobilization and field operations Team Thorough YKM 2021 a winning team has classified that the group that went on to burn the T-shirts and posters in Iganga district Eastern region doesn’t belong to the ruling National resistance Movement/team thorough a volunteer group hunting for President Museveni votes across…
Former Senegalese Football Star Papa Bouba Diop Dies At 42
Former Premier League star Papa Bouba Diop has passed away at the age of 42. According to a number of reports, Bouba Diop had been suffering with a long-time illness, Charcot-Marie-Tooth disease. His former club, RC Lens, paid tribute on Twitter, writing: “It is with great sadness that Racing Club de Lens has just learned…