Block 8
Tycoon Sudhir Tips On Rightful Investment For Upcoming Entrepreneurs
Although Meera Investments Limited, the property development arm of the Ruparelia Group was formally registered in 1994, the Chairman and Founder of the giant Ruparelia Group started investing in property in 1986. Today Sudhir has over 400 office, retail, industrial and residential properties in Uganda. His properties cater to an estimated footfall of 150,000 people…
KISU Creche Now Accepting Toddlers Of 18 Months & Above
Kampala International School-Uganda (KISU) has announced that it now welcomes toddlers of 18 months and above. The school says one of the advantages of creche is physical development, emotional development, social development, communication and language. “Looking for the perfect start for your children? At #KISU, we have an exclusive creche class where each student is…
How Richard Omongole Predicted Bank of Uganda To Kill The Ugandan Economy
Uganda’s post coronavirus economic failings are going to come from the IMF/world bank supervised theoretical economist at bank of Uganda. You borrow $ 491.5 million, then $151m will go to budget support and UDB . A whole $340m just for bank of Uganda to stabilize the exchange rate! Textbook economics based on purely western perceptions…
Fight Against Corruption: Gov’t Knifes All REA Employees In Bid To Boost Service Delivery
The Government of Uganda have fired all the staff of Rural Electrification Agency (REA), The Capital Times have learnt. This follows a notification from the Ministry of Energy that their contracts which end in October will not be renewed. Energy minister Ruth Nankabirwa says the cabinet has already approved the structure of REA, as a…
Cannabis & Money: An Inside Look At How Other African Countries Are Happily Minting Trillions From The Multi-Dollar Business That Sleepy Uganda Has Failed To Legalize
A growing number of countries in Africa are looking to cannabis as the ticket out of poverty, and foreign investment for this sector has flooded in. Voices in the global industry are increasingly anticipating a cannabis boom on the continent. There are now seven legal producers in Africa. South Africa, one of the continent’s economic…
MS MARGARET KAGGWA KASULE UNDER FIRE: Here Is Why Bank of Uganda Legal Boss Must Be Held Responsible For The Court Gamble
The landmark victory for billionaire Sudhir Ruparelia against Bank of Uganda in the battle for the ‘Crane Bank’ was expected. The ruling however left many asking who was advising the Bank of Uganda on legal matters. This follows the assessment of several accountability and legal agencies in the country including the Auditor General’s office and…
Deep Trouble: Equity Bank Bosses At It Again As CEO Mwangi Secures Court Order To Escape Arrest
Equity Bank chief executive officer James Mwangi has secured a court order blocking his possible investigation or arrest over a disputed multi-billion shilling property in the high-end Muthaiga estate in Nairobi. Mwangi, who has served Equity Bank for 32 years, faces arrest over allegations that he fraudulently grabbed a multibillion property in Muthaiga, a plush…
Full List: Delhi Public School Releases Names Of Top Performers In CBSE Board Exams
Last week we published how Delhi Public School International registered a huge success in the Central Board of Secondary Education (CBSE) class 12 examinations for 2021-2022 academic year but you didn’t get a chance of knowing the best performing students, now here we are. According to the school management, out of the 46 candidates that…
3 Children Perish, 2 Injured In Mityana House Collapse
A semi-permanent house has collapsed in Budimbo village, Mityana district killing 3 children following a heavy downpour. The deceased children have been identified as Derrick Wasswa and his twin Douglas Kato, 13, and their 10-year-old sister Florence Nakamya. Witnesses say that by the time of the incident on Sunday, the deceased children were with their…
‘It Was Very Gruesome’- 20 Students Injured In Rival School Clashes
At least 20 students are nursing injuries following clashes between students of Daystar secondary school and Nyarilo secondary school in North division, Koboko municipality. The clashes which occurred on Saturday night, also left the deputy headteacher of Nyarilo secondary school, Yahaya Atibuni nursing injuries. The students vandalized the perimeter wall fences, classrooms, and dormitory windows…