Block 9
I&M Signs Agreement to Acquire 90% of Orient Bank Uganda
I&M Holdings PLC has issued a cautionary announcement advising its shareholders of a proposed transaction between the bank and Uganda’s Orient bank Limited, which may affect the value of its shares. In the proposed transaction, I&M plans to acquire 90% of the ownership of the Ugandan bank. “Shareholders of I&M Holdings Plc are advised that…
Two Security Guards Arrested For Robbing 100M From City Gold Dealer
Police have arrested two security guards, who robbed Shs100m from a businessman they were guarding in Kamwokya, Central Division, Capital city suburb, after 10 days of pursuit. The two guards attached to Tight Security Company Limited were arrested in a hotel in Kaabong District where they were hiding. Police recovered Shs50m of the Shs100m in…
Two Officers Fired From Police Over Death Of Masaka Bobaboda Rider
The Uganda Police disciplinary court setting in Masaka city has dismissed two police officers accused of extortion that led to the death of a boda-boda rider by setting himself ablaze. The court chaired by ASP David Manzi listened to witnesses who accused Sgt Julius Ewalu,a traffic officer and Sgt Ibrahim Ssesanga who was acting officer…
President Museveni Welcomes Back Rebel MPs
Theodore Ssekikubo (Lwemiyaga), Barnabas Tinkasimire (Buyaga West), Sam Lyomoki (Workers) and Monica Amoding (Kumi) have led a group of 16 Members of Parliament that have sought forgiveness after defying and voting against their NRM party positions. The group, named “Rebel MPs” for opposing key party positions, like the Constitutional Amendment Bill 2017, which among others amended Article…
Rajiv Ruparelia: Thank God My Dogs Saved Me From Police-Racial Attacks
City Business man Rajiv Ruparelia has spoken out about this morning incident in which he says was a racial attack against him by police officers. Mr. Rajiv who is currently nursing severe wounds said, the attacks on him by counter terrorism police officers happened near his home in Kololo, a Kampala surbab during a morning…
Court Orders: Tenant Cannot Suspend Rent For Temporary Non-Use Due To Covid-19 Lockdown
By Lexology India: The Delhi High Court has clarified that the lockdown period where premises cannot be used would not give a tenant the right to void the lease. Consequentially, a lessee cannot claim suspension of payment of lease or rental amount due to COVID-19 lockdown. Introduction One of the pertinent issues landlords and tenants…
Covid-19: 32 Arrested For Defying Curfew To Watch Arsenal Match
On Wednesday night, police arrested 32 suspects for violating Presidential directives and Ministry of Health guidelines of social distancing as well as curfew. The 32 suspects were arrested while watching premier league match that is Arsenal vs Liverpool at Katanga in Wandegeya, Kampala. They have been charged with disobedience of lawful orders and doing acts…
Uganda’s Covid-19 Cases Rise To 1,043 With 1,004 Recoveries
Uganda’s Covid-19 confirmed cases have reached 1,043, after the Ministry of Health announced 3 new COVID-19 cases from samples tested yesterday 14th, July 2020. Of the three (3) confirmed cases; two (2) are truck drivers while one (1) is an alert from Kampala. Uganda so far has 198 total active cases on admission that includes…
Just In: All MPs, Staff For Mandatory Quarantine As Kiryandongo District Woman Lawmaker Tests Positive For Coronavirus
All MPs and staff of Parliament will undergo mandatory testing for COVID-19, Speaker Rebecca Kadaga has said. The Speaker says the exercise will be conducted by the Ministry of Health starting on Thursday, 16 July 2020. Kadaga’s announcement comes after Parliament was thrown into panic with news revealing that one of its own has been…
Arcades Remain Closed & Opening Is Only Supposed To Be Done By The President – Min. Amongi
The Minister for Kampala Betty Amongi has said that it is only President Yoweri Museveni who can announce the reopening of arcades because he is the one who ordered for their closure. Among said, “The opening is supposed to be announced by the President because he is the one who closed the arcades. We have…