The top management team at the Civil Aviation Authority (CAA) is on the spot for hastily sanctioning a Shs10 billion project to expand the passenger terminal at Entebbe Airport, even when the Board had frozen the construction projects. According to the chairperson of Parliament’s Committee on Commissions, Statutory Authorities, and State Enterprises (Cosase), Mr Joel…
Mbarara City Council has started the process renaming and naming of 400 old and new roads and buildings within the city. Mbarara City has 330.19 kilometres of roads. Current roads have a diversity of names include Marknsighn, High-street, Mbaguta road, Independence road, Victor Bwana, Ntare Road, Bananuka, Buremba, Garage street, Bishop wills Street, Galt road,…
French industrial group Bollore on Friday reached a settlement over a decade-old corruption case in Togo, prosecutors said, but a separate plea deal with three top company executives was thrown out by a judge. The company agreed to pay 12 million euros ($14.5 million) as part of the deal with financial crime prosecutors which was…
The Court of Appeal has ordered Businessman Ben Kavuya to return two properties that he fraudulently acquired. The properties include plots of land in Bweyogerere and Kataza Kiswa belonging to the former Kampala Capital City accountant George David Wakanyira. In 2007, Wakanyira of Wakanyira & Co Ad sued Kavuya, his company Global Capital Save 2004…
By: Livingstone Mukasa Ever since it became apparent that MTN Uganda was going to list on the Uganda Stock Exchange, i have been bombarded with calls to advise if it’s a good buy. Today I got my hand on the MTN Share Offering Prospectus and i immediately went to work on it. You see, I…
Stanbic Bank Uganda is joining the rest of the world to celebrate the International Customer Service week through its new campaign dubbed ‘L.O.V.E.’ The International Customer Service Week is an avenue through which brands outdo themselves to give their customers a special treat in appreciation of their loyalty. The week’s celebrations started on Oct.04 and…
Uganda is on track to become the first African country to produce surgical gloves and other medical equipment. East African Medical Vitals (EAMV), which was only incepted in 2006, is the company that is at the helm of the milestone. Mr Ben Kavuya, the board chairperson of EAMV, on Monday revealed that the Namanve-based company…
The Zimbabwean government on Tuesday announced the reopening of all licensed bars to fully vaccinated clients, as it continues to relax lockdown measures and open up the economy. “Cabinet notes, with concern, that the continued closure of licensed bars and nightclubs has caused not only a loss of income and unemployment but also resulted in…
The Supreme Court has on Monday October 4, 2021 ruled that liquidation of defunct Crane Bank Limited which was taken over by Bank of Uganda is illegal. According to Supreme Court, Crane bank was closed as a financial institution and placed under receivership and hence after closure, it ceased being a financial institution. The Court…
Farmers in the Mubuku irrigation scheme in Kasese district are counting losses after a strange pest attacked their tomato gardens. According to Farmers, the pest mines new fruits leaving holes. The larva feeds voraciously on the tomato fruits, plants, producing large galleys in leaves. They add that the new pest is resistant to all the…
