The management of Tirupati Development Uganda (TDU) has dragged KCB Uganda and KCB Kenya, accusing both banks of among other misdeeds, money laundering and fraudulently debiting the company accounts under the auspices of clearing a loan of USD70,000 which they secured from the bank. Documents filed in court through their lawyers of Aegis Advocates and…
The Minister for Agriculture, Animal Industry and Fisheries, Hon Frank Tumwebaze, has proposed the introduction of Hass avocado in Busoga to complement sugarcane growing. Hass avocado, a commercially popular and nutritious fruit is part of the 19 crops that the ministry is promoting under the Agricultural Value Chain Development Strategy. The other crops include…
The Executive Director of the Finance Intelligence Authority, Sydney Asubo revealed that Uganda risks being blacklisted by the Financial Action Taskforce (FATF) if the government does not tackle money laundering by May 2022. Asubo who was appearing before the Committee on Finance said that the FATF maintains a watch list of countries that have significant…
The Minister of state for Fisheries Hon. Hellen Adoa represented Hon. Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries at the handover of 23 motorcycles and 106 surveillance kits to 23 District Local Governments in Northern and Eastern Uganda. The project targeted areas that were affected and at risk during the Desert Locust…
President Yoweri Museveni has called for a second cabinet meeting to find a lasting solution to fuel companies that have deliberately refused to lower their the hiked prices. On Monday, during the first meeting, the Minister for Energy and Mineral Development Ruth Nankabirwa informed the cabinet that fuel prices were hiked because of the covid-19…
The E-Trade Association, an umbrella association for companies that use the internet to create jobs in Uganda, have called for the removal of the 7pm curfew on motorcycles to enable mobility and full economic recovery. In a press conference held on Monday at the Fairway Hotel in Kampala, the association representatives stressed that motorcycles, also…
Hima Factory in Kasese District has suspended operations after a Saturday fire outbreak that left three factory workers dead and properties worth millions destroyed. Six other factory employees were injured with three in critical condition. Jean-Micheal Pons, the country Chief Executive Officer Hima Cement said in a statement that operations at the factory have since…
Kampala: East Africa’s celebrated billionaire, money magnet, business mogul, honorary consul of the Republic of Nepal to Uganda HE. Dr. Sudhir Ruparelia has today clocked 66yrs old. Born on the 17 January 1956, at Kabatoro, Kasese, Uganda, Sudhir is a formidable wealthy businessman, entrepreneur and investor in Uganda currently surviving with a net income worth over…
Guys, are you looking for a condusive quality place with supermarkets, clinics, pharmacies, retail outlets, apartments to mention but a few, Look no further. Problem is solved! City businessman Dr Sudhir Ruparelia’s Electrical Plaza offers citizens a one-stop centre for all their needs, because it boasts of several facilities which include supermarkets, clinics, pharmacies, retail…
Uganda’s leading labour export company – Premier Recruitment Limited, has announced that Ugandan youths who register now for Dubai and Qatar jobs stand a chance to win free smartphones in the promo drive running until end of January 2022. According to an announcement posted via the company’s socials, a variety of jobs in Dubai and…
