Block 7
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 Atingi-Ego Not Creative Enough To Have Own Methods Of Supervising BoU Than Relying On What The Late Mutebile Left
Since being appointed the Bank of Uganda (BoU) Deputy Governor and has been acting as Governor, Michael Atingi-Ego has now raised the indicative Central Bank Rate (CBR), twice to the current 8.5 per cent, encouraging commercial banks to also raise interest rates for borrowers. Ugandan borrowers are not happy that BoU continues to raise the…
Here Is Why Government Should Punish Ex BoU Officials Over Irregular Closure of Crane Bank, Other Six Commercial Banks
The government of Uganda has not yet taken punitive action against Bank of Uganda (BoU) officials for the closure of seven commercial banks three years after the recommendation was made by Parliament. In 2019, Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE recommended that senior BoU officials be individually held responsible for the…
From Grade III & V straight to Bachelors: Victoria University Unveils Upgrade Package For Teachers
Victoria University Kampala, East Africa’s pioneering provider of experiential & authentic learning and the leading technologically-enabled university in Uganda has yet again unveiled a special package targeting teachers who want to upgrade their education levels. This new offer targets teachers from Grade III to V to enroll for the Bachelor Programs the university offers without…
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…
MPs Call For Better Pay To Inmates Who Offer Labour
Members of Parliament on the Committee on Human Rights are concerned about the way inmates are paid after they have offered manual labour outside the prisons. The legislators raised the concerns while meeting officials from the Uganda Prison Service. The meeting on Tuesday, 26 July 2022, chaired by Fox Odoi Oywelowo was meant to discuss…
NRM’s Ariko Declared Winner Of Soroti East By-Election
The NRM candidate Edmund Ariko has been declared the winner of the hotly contested Soroti City East parliamentary race in polls conducted today. According to the returning officer Soroti District Christine Eyu, Ariko Herbert Edmund Okworo garnered 9407 votes, followed by FDC’s Attan Moses Okia with 8771 while the UPC candidate Pascal Amuriat trailed with…
Farmers In Western Uganda Counting Losses As Dry Spell Hits Hard
Farmers in the Ankole region are counting losses following the long dry spell that has taken a toll on their crop gardens. A number of farmers say that they have lost it all this season because of the inconsistent and intermittent rains that have affected their crops. Akampurira Silvano a maize and beans farmer in…
Museveni Appoints Sandor Walusimbi New Spokesperson As Nabusayi Quits State House
President Museveni has appointed Sandor Walusimbi as his new senior press secretary. He replaces Lindah Nabusayi who has been retired. Walusimbi has been the head of communication at State House Anti-corruption Unit was appointed on Sunday, July 31. Nabusayi replaced Don Wanyama after he was appointed the managing director/chief executive officer, Vision Group, Uganda. Lindah…
‘He Will Cough Millions For Wasting Our Time’- Dr. Besigye, Lawyers Demand Over UGX 340 Legal Costs
Lawyers of Dr Kizza Besigye, his sister and Observer Media Limited have demanded more than Shs240m from the former Crime Intelligence Director, Col Ndahura Atwooki, after they won a defamation case. In 2012, Col Atwooki sued Ms Olive Kobusingye, Dr Besigye’s sister, in the High Court for defaming him in her 213-page book: The Correct…