The Contracts Committee at the Ministry of Justice and Constitutional Affairs has cited illegalities and gross fraud in the process employed in awarding the contract for the building of premises intended to house the Justice Law and Order Sector (JLOS). The committee unearthed an inflated and unjustifiable increment of Shs14,830,088,354 by Seyani Brothers and Company…
The Acting Uganda Airlines acting Chief Executive Officer Jenifer Bamuturaki has confirmed that Airbus A330-800neo landed in Seattle on Friday afternoon. This was the first time a Uganda Airlines plane flew to the United States. “It [flight] was by a client, it was hired. We do charters, by the way, that is an angle the…
By: Dr. Ezra Suruma Kampala: One of the most blatant aims of new colonialism (neocolonialism) is to ensure that Africans are denied access and control of capital. The evidence is overwhelming. It started in 1987 when the World Bank financed consultants to do “diagnostic” studies of locally-owned banks: Bank of Uganda, Uganda Development Bank, Cooperative…
With the great news of the Final Investment Decision being concluded this week at Kololo Airstrip, we must have already a fully Ugandan-owned Bank in play. Crane Bank was greatly supportive of small and Middle-sized Ugandan Businesses and Investments. If you ask all Business people in town they will tell you how its closure has…
President Yoweri Kaguta Museveni has directed that starting tomorrow, curfew restrictions for boda bodas are removed. President Museveni made the announcement during 41st Tarehe Sita celebrations in Mbale, where he said starting tomorrow Monday, at 6pm, boda boda riders are free to work transnight. “I want to announce that starting tomorrow at 6pm, boda boda…
Uganda Airlines is planning to acquire its first narrow-body jets, interim chief executive Jenifer Bamuturaki has disclosed. The state-owned airline currently operates four two A330-800s and four CRJ900s, the ch-aviation fleets advanced module shows, on flights that connect its Entebbe/Kampala base with Burundi, Tanzania, South Sudan, Kenya, the DRC, and Somalia regionally as well as South Africa and the United Arab Emirates…
A Uganda Airlines Airbus A330-800neo landed in Seattle on Friday afternoon. This was the first time a Uganda Airlines plane flew to the United States thus making great progress. Seattle is a city on Puget Sound in the Pacific Northwest in Washington. It’s home to a large tech industry, with Microsoft and Amazon headquartered in…
Parliament has recommended for termination of the joint venture agreement between a consortium of three companies and the Uganda National Oil Company (UNOC). This follows adoption of the report of the Committee on Trade, Tourism and Industry during plenary of Thursday, 03 February 2022, which recommended the termination of the joint venture agreement since the…
East African Business Mogul and Ugandan Billionaire Dr. Sudhir Ruparelia has for yet another turn been ranked the wealthiest Ugandan with an estimated net worth value of over $1 billion. According to the research Top 10 Richest Men In Uganda 2021, Tycoon Sudhir maintains his lead, slightly followed by Karim Hijri as the 2nd richest Ugandan…
Uganda Airlines is planning to start its own ground handling services in the 1st quarter of 2022, reports have indicated. According to Jennifer Bamuturaki, the acting chief executive officer, the ground handling plan is now only awaiting a concession agreement from the aviation regulator Uganda Civil Aviation Authority. “The Airline is set to roll out…
