Block 8
LOLC Finance Uganda Stretches Its Frontiers To Rwanda
After getting a good grip of the Agri-tech business in Uganda, LOLC Finance Uganda has embarked on an ambitious expansion plan stretching across borders. Early this week, the company established a subsidiary; LOLC Finance Rwanda with new offices in Musanze district located 69Km from the Rwandan Capital Kigali. “We chose this district because it is…
MPs Throw Out Finance Officials Over Budget Cuts
Lawmakers on the Committee on Finance yesterday threw out officials from the Ministry of Finance after they failed to avail detailed requisite documents on the latest update on budget cuts and the government’s latest plan on tax waivers alongside other supporting details. The team from the Ministry of Finance led by the State Minister for…
POLICE VIDEO: Elusive Socialite Sipapa Finally Arrested Over 1.6Bn Robbery
Police has confirmed the arrest of socialite Charles Olim famously called Sipapa for aggravated robbery. For the last five days, crime intelligence and criminal investigations directorate have been hunting for Sipapa after items stolen from Arok’s home in Kawuku, Bunga, in Makindye Division in Kampala were recovered from his residence at Kityo Close, Buwate village,…
‘You Don’t Have Powers Over His Fortune’- Former VP Ssekandi’s ‘Mistress’ In Tears As Court Orders Her Eviction
The Magistrate’s court in Masaka has ruled that Laetitia Nakimbugwe, a mistress involved in a property dispute with former vice president Edward Kiwanuka Ssekandi does not have rights over his fortune. Nakimbugwe was dragged to court by Victoria Nawangi, an appointed administrator of Ssekandi’s properties. Nawangi challenged Nakimbugwe’s occupancy of a commercial building on plot…
Health Ministry Boss Found With No PLE, UCE & UACE, Arrested
The senior Health General Inspector of Kiboga district Mr. Gume Fredrick has pleaded guilty for forgery of not only names, but also academic documents. Court has found out that he does not posses any of PLE, UCE or UACE in his real names. He told court that his real names are David Moses Isabirye. The…
Former Presidential Candidate John Katumba Arrested
The latest landing on our desk indicates that Police in Kampala have arrested Former presidential candidate Katumba John for holding an illegal assembly in downtown Kampala City. According to Kampala Metropolitan Police Spokesperson Patrick Onyango, Katumba was found at Ben Kiwanuka William street junction holding a megaphone speaker calling on people to fight for an…
Speke Resort Munyonyo Unveils Special Offers For Couples
The Ruparelia Group of hotels, under which Speke Resort Munyonyo, Speke Apartments and other hotels are owned, has announced special offers for couples in a bid to spread love all over the country. We have learnt that Speke Resort Munyonyo and Speke Apartments are offering discounted rates for couples that want to get engaged, hold…
Exposed: How a Foreign Company Is Reaping Big From Ugandan Cannabis With Over 50kgs Of Exports As Gov’t Ignores Local Investors
Local investors in the country have continued to express their disappointments over the selective licencing of cannabis business that has been only allowed to be operated by foreign companies. In an investigative study and survey carried out by this website, it is reported and confirmed an Israeli company Together Pharma has already exported over 50 kilograms of…
Uganda’s Economy Would Be Far If Gov’t Permitted Sudhir To Go Ahead With Cannabis Business, Experts Say
Uganda’s richest man, Dr. Sudhir Ruparelia once wrote to President Yoweri Museveni over delayed approval of marijuana growing for medical purposes by government. In his letter, the businessman expressed to the president how cannabis (marijuana) can play a great role in the transformation of Uganda’s economy. Sudhir noted that with clear regulation and careful scrutiny,…
Lubowa Land: Owners Vow To Chase Grabber NSSF From Contentious Land
A team of four Ugandans who include Lubowa Muhammad Kityo, Bogere Moses, Namanya Betty, Daphine Nakanwagi the lawful owners of land measuring over 186 acres located in Lubowa on block 269, plots 3234, 3235,3236,3237,3238,3239, and 3240 respectively have pledged to protect their ownership against whoever wants to grab their land. The four owners have been…