Days are numbered for football fans in Uganda to jubilate as the construction of multibillion and multi-purpose Nakivubo War Memorial Stadium, commonly referred to as Nakivubo Stadium, is swiftly progressing with the focus of being the leading stadium on the African continent. The mega arena is being developed by Uganda’s youngest tycoon and city Businessman…
Local investors in the country have continued to express their disappointments over the selective licencing of cannabis business that has been only allowed to be operated by foreign companies. In an investigative study and survey carried out by this website, it is reported and confirmed an Israeli company Together Pharma has already exported over 50 kilograms of…
Attorney General Kiryowa Kiwanuka yesterday revealed that the recommendations contained in the Parliament’s Commissions, Statutory Authorities and State Enterprises (Cosase) report, regarding management of the properties of the departed Asians, cannot be implemented under the current law. “It was very clear, the recommendations by Cosase that they were asking us to do; were not tenable…
Residents in Bugolobi have been advised to relocate to other places of abode instead of blocking development of businesses in the area by complaining about noise pollution from bars. It should be noted that Bugolobi, a very busy Kampala suburb, is lined with several bars, restaurants and other business ventures. We have established that the…
MetropolitanRepublic Uganda (MRU), part of the MetropolitanRepublic Group, a full service communications company has named Derek Mwesigye new as its new creative director. Derek joined MRU in 2016 and has since enjoyed a meteoric rise to the top. Today, he leads the team behind celebrated campaigns like Stanbic’s One Step Closer and Bell’s Mpola Enjoyments.…
Uganda Revenue Authority (URA) Commissioner and Corporate Affairs Mr. Ian Rumanyika has resigned his position. Rumanyika has on Tuesday, April 5, 2022, left Uganda Revenue Authority where he served as Manager Public and Corporate Affairs. He has been in this position since January 2011 was set to leave the tax body today, 5th April 2022.…
Speke Resort Munyonyo yesterday hosted representatives from the Governments of Uganda and Kenya in a bilateral experts meeting on cooperation in defence and security. Speke Resort Munyonyo and Munyonyo Commonwealth Resort have for long been favourite venues for conferences in Uganda. Every year the magnificent facilities at the hotel welcome thousands of visitors attending major…
The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. There were concerns about the financial implications of the decision on the national Treasury and on Ugandans generally, while…
The management of Ruparelia Group of Companies under the chairmanship of Dr Sudhir Ruparelia is currently undertaking a cluster of 6 projects at a cost of hundreds of billions of Uganda shillings. Ruparelia group is owned by Sudhir, Uganda’s richest businessman with his son Rajiv Ruparelia as the managing director. The 6 projects include; extension…
There is a new form of fraud in Kampala which is being perpetrated by revellers at bars that accept payments for services using Airtel money. Our investigators reveal that these fraudulent revellers enjoy services at bars, then pay for the same using Airtel money but later reverse the transactions after leaving the bar, thereby causing…
