Browsing: Business

‘Desist From Compromising The Judiciary’- Appellante Judges Warn As DTB Struggles With Appeal Against Ham

The appellate judges handling the Ham Vs DTB that include: The Deputy Chief Justice Richard Buteera, Justice Kenneth Kakuru and Justice Christopher Izama Madrama have strongly warned and cautioned parties involved to desist from trying to compromise the judiciary. It should be known that Diamond Trust Bank appealed the October 2020 High Court judgement, since…

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Go & Make Money: Gender Ministry Approves Premier Recruitment To Export Over 200 Workers

The Ministry of Gender, Labour and Social Development has approved Premier Recruitment Limited’s request to export labour hence providing employment opportunities to Ugandans who want to work abroad. According to a letter from Lawrence Egulu, on behalf of the ministry’s permanent secretary, they have evaluated and approved Premier Recruitment Limited to export 200 workers to…

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Shame As Govt Asks External Labour Recruitment Companies to Fund Uganda Embassy in Saudi to Handle Distressed Migrant Workers

Anger is boiling up among the external recruitment agencies in Uganda after the government asked them to help fund the cash trapped Uganda Embassy in Saudi Arabia to help handle the distressed migrant workers. According to Uganda Association of External Recruitment Agencies (UAERA) Chairman Baker Akantambira, the Ugandan Embassy in Saudi Arabia has run out…

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Parliament Suspicious Of Continuous BoU Recapitalization

The chairperson of Finance Committee of Parliament Hon. Henry Musasizi is suspicious that the government could be siphoning funds meant for the recapitalization of the Central Bank. He disclosed his suspicions during a meeting between legislators on the Budget Committee, officials from the Ministry of Finance and the National Planning Authority led by Finance Minister,…

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Tycoon Sudhir Offers New Tenants With First 3 Months Free Of Rent Space On Top City Buildings

City Tycoon and Kampala’s biggest landlord Dr. Sudhir Ruparelia has yet again offered Kampala people with an exclusive offer to allow startup and small scale business thrive amidst the covid-19 economic effect. Through his real estate property conglomerate, Crane Management Services, it is now easier for Ugandans looking to start a business in the city…

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Trouble Looms As DPP Asks Police To Conduct Further Investigations Ahead Of Kasekende, Bagyenda Prosecution

Borrowers and owners of the defunct International Credit Bank (ICB), Greenland Bank and Cooperative Bank whose properties were taken over and sold by Bank of Uganda irregularly and at giveaway prices, will have to wait a little bit longer for justice to be served. According to CEO East Africa Magazine reported that the Office of…

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