Premier Recruitment Limited, Uganda’s top external labour agency has yet again announced fresh juicy jobs to work at airports in Dubai in a move to solve the outcry of youth unemployment in Uganda. With hundreds of jobs at hand available, successful candidates will be deployed to work at airports in UAE capital Dubai where they’re…
By Daniel Hasabubwenje “This case will make people lose confidence in the judicial system where they will now resort to jungle law to resolve disputes. This will increase socio-economic insecurity due to the absence of the rule of law. The Bankers actions will frustrate Uganda’s efforts to attain Middle-income status which must be supported by…
On 25 May 2021, Africa Day, Brand Africa Will announce Africa, East Africa and Uganda’s most admired brands. This website have learnt that Brand Africa will also announce the brands admired for having been helpful during the COVID-19 pandemic.Brand Africa in conjunction with Publics Africa Communications and the Uganda Investments Authority, UIA, will unveil the…
Five legislators who are among twelve subcommittee members on the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) didn’t append their signatures to ratify their participation in the investigations of operations of Departed Asian Property Custodian Board (DAPCB). The investigation which lasted for 2 years saw the subcommittee chaired by defeated Makindye East MP…
Parliament has approved a government request to borrow Euros 216.7 million from the African Development Fund (ADF), Euros84.41 million from the African Development Bank (ADB) and Euros25.9 million from the Corporate Internalisation Fund of Spain. The loan monies totaling to approximately shs1.4 trillion will facilitate the refurbishment of the Kampala-Malaba Metre Gauge Railway Project. According…
The Commercial Division of the High Court has dismissed an application filed by Rajni Tailor against Prime Finance Company Limited. According to Mr. Tailor, on 6th August 2016, he entered into a loan agreement with Prime Finance for a personal loan facility in the sum of USD 20,000 repayable in three weeks by 27th August…
Patrick Baguma Bitature, one of Uganda’s key local investors, needs our fervent prayers. A ten million United States dollar ($10m) debt he took from the mezzanine capital providers based in South Africa is threatening to wipe out his entire business empire. The tragedy is that the debt is now a little shy of hitting a…
Members of Parliament have approved a shs44.7 trillion budget for the 2021/2022 financial year, which has seen a decrease of shs714 billion for the first time compared to the approved resource envelope of 2020/2021. According to the report of the Budget Committee, the drop this financial year is largely attributed to the projected decrease of…
Courts Don’t Hold The Discretion To Stand With An Illegality There was a mood of high expectation yesterday when we assembled at the Court of Appeal (COA) to receive its judgment in the Appeal filed jointly by Diamond Trust Bank Uganda and Diamond Trust Bank Kenya against Ham Enterprises and 2 others. DTB Kenya had…
Estate Mogul, Dr Sudhir Ruparelia has been declared the rightful owner of Plot 24, on Kampala road. The sub-committee of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) have exonerated property mogul Sudhir Ruparelia after its probe found that he genuinely owns Plot 24, Kampala road. The Departed Asians Properties Custodian Board…
