Browsing: Business

ToughTimes: Brookside Lays Off Half Of Ugandan Staff Due To Export Restrictions From Kenya Authority

Brookside Limited, a dairy processing company that packages long-life milk, cream, butter, yoghurt, ghee, and milk powder in Uganda and the East Africa regional export market has retrenched over 50 per cent of its staff following a drop in the exported products.In a letter addressed to the Commissioner of Labour at the Ministry of Gender,…

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VIDEO: Multibillion Speke Resort Convention Centre Takes Shape

Details on the construction of the Speke Resort convention centre at Munyonyo are today revealed for the first time. The project is being undertaken by Uganda’s richest man Sudhir Ruparelia while partnering with the government of Uganda. This magnificent structure will host the Non-Aligned Movement (NAM) summit in January 2024. The Non-Aligned Movement, founded in…

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ANDREW MWENDA: Why Gov’t Decision On Speke Munyonyo Convention Centre Has Been The Best

Recently, I had a debate with some Ugandan friends on the decision of the government to build an international convention center in Munyonyo in partnership with Sudhir Ruparelia. Uganda will host the Non-Aligned Movement (NAM) summit in January 2024. So far, 88 heads of state and government have confirmed attendance. The country already has an…

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Tycoon Sudhir Relocates 20yr Old Trees As Construction of World-class Convention Centre Kickstarts

Business mogul Dr Sudhir Ruparelia has kicked off construction of the world-class Munyonyo Convention Centre that will host over 120 heads of state for next year’s Non-Aligned Movement (NAM) summit. The Non-Aligned Movement, founded in 1955 during the Asian-Africa meeting in Bandung, Indonesia, and pursued decolonization brings together countries that are not aligned with any…

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Govt Moves To Revive Cooperative Bank

Plans are underway to revive the Cooperative Bank, this is according to the State Minister for Cooperatives Fred Gume Ngoobi. Speaking at the launch of national celebrations to mark the International Cooperative Week at Lake Victoria Primary School- Entebbe, Ngoobi said a Cabinet paper to that effect has already been drawn and tabled. The Cooperative…

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Big Story! How Indians Arrested Selling Fake URA Invoices For Years Walk Scot-free After Paying Fine of Paltry UGX 20m

“Once a thief, always a thief,” goes an old African adage which demystifies how complicated it is to abandon a certain character or behaviour by an individual. This explains why Courts of Judicature most times downplay narratives by culprits arraigned before judges as “first time offenders” and therefore should be exonerated. They are either sentenced…

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How a Racket of Indian Conmen Jigar Chandarana, Friends Were Busted Selling Fake URA Invoices

Three Indians who are directors of Wellex Hardware Limited led by Jigar Chandarana were convicted by the Anti-Corruption Court in Kololo for generating and selling fictitious invoices. They were convicted on 5 counts of making false statements to a tax officer contrary to Section 58(1)(a) of the Tax Procedures Code Act, 2014. Each of the…

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Just In! Ham Enterprises Applies for Arrest of Scheduled Judgement on Request for Fair Hearing In Ham Vs DTB Case

Following the Summons by the supreme court on June 8, 2023, for the pre-hearing of the application for judgement on the admission of illegalities not substantially addressed by the court of appeal which unfortunately outside standard court procedure, Hon. Justice Elizabeth Musoke shocked the court by saying the Chief Justice instructed her not to entertain…

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