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…
Fastest growing Premier Recruitment Ltd has over the weekend and today (Tuesday) January 19, 2020 flagged off 29 male Ugandans to work as Facility Cleaners in Qatar as well as 39 young ladies to work as domestic workers in Riyadh –Saudi Arabia under Saudi based prestigious Enaya Recruitment Agency respectively. The 29 boys deployed to…
By Rajiv Ruparelia On January 2nd I turned 31 years of age. Since I started actively running the Ruparelia Group- conglomerates of 28 companies, I usually use my birthday, which is just about the start of the New Year to reflect on business opportunities for the group in tandem with the opportunities in the country and beyond.…
The Uganda Electricity Transmission Company Limited has refuted claims that they will deliberately cut off power in most parts of the country on January 13 and 14 to deny Ugandans the chance of watching Televisions on election day. In a statement issued by Umeme on January 10, the management stated this; NOTICE ABOUT A FALSE…
Uganda’s power distribution company, Umeme Ltd, is hopeful that the electricity connection policy suspended earlier this month could be restored between June 2021 and June 2022, but this will depend on the success of the current efforts to get funding. The free connection policy, launched in 2018 was aimed at connecting 300,000 customers per year,…
Uganda’s leading power distributor has announced that Commercial and medium customers will starting January enjoy a slightly reduced power tariff after Electricity Regulatory Authority (ERA) cut the cost while maintaining prices for other customer categories three times in a row. The base end user tariffs valid for the first three months of 2021 are indicating…
A new restaurant, Noor’s Restaurant, has opened its door to Kampala dwellers at Kingdom Kampala mall, a plush rental property located on Nile Avenue, Nakasero Hill, in Kampala, Uganda. The fast-food restaurant was launch was graced by businessman Dr Sudhir Ruparelia on December, 31, 2020. In his address, the businessman urged Ugandans to stay safe…
The President of Uganda Yoweri Tibuhaburwa Kaguta Museveni has launched a new multibillion Mukono North power transmission substation in Mbalala, near Kampala City The substation is expected to provide reliable power supply to more than 75 factories in the Mukono Industrial Zone, currently employing an estimated 62,000 people. The President said the Shs72.5 billion power…
City businessman Dr. Sudhir Ruparelia, the Chairman of the Ruparelia Group of Companies, has urged all Ugandans to ensure that they stay safe from the deadly Coronavirus (COVID-19) pandemic as they usher in the New Year, 2021. Dr. Sudhir, who is also the Honorary Consul of Nepal to Uganda, revealed this in his New Year’s…
The Ministry of Transport says it has started sensitizing the stakeholders about the new traffic and road safety regulations government has introduced for enforcement starting next Financial Year. Transport Minister Gen Edward Katumba Wamala, in a telephone interview on Wednesday, said they are educating the public about the new rules in the amended Traffic and…
