Business - Page 68

Businessman Bitature: I am who I am because of Dr. Sudhir

In a rare moment of reflection and gratitude, Patrick Bitature, one of Uganda’s most accomplished entrepreneurs, has publicly acknowledged the profound impact of fellow business mogul Dr Sudhir Ruparelia on his journey in the corporate world. Speaking to youths about the significance of

March 18, 2025

Business

Sexy Fairway Hotel Waitresses Make Men Drip With Blessedness After Staging Seductive Dances On Valentine’s Day

There was a stampede at Fairway Hotel on Valentine’s Day, after a bevy of dazzling waitresses and skilled waiters decided to stage an exotic dance show, as a special treat for their guests. The dance show, which was composed of contemporary musical

February 26, 2021

Business

New Bill To Trim Powers of BoU Governor, Deputy Scrutinized

Michael Maranga Mawanda the Igara East legislator has presented Constitutional Amendments Bill 2020 on the leadership composition at the Bank of Uganda (BoU). Mawanda’s bill comes after reports from the Public Accounts Committee (PAC) and Committee on Commissions, Statutory Authorities and State

February 26, 2021

Business

‘Stop Crying For Spilled Milk’-High Court Dustbins Simbamayo Estates Case Against Equity Bank In Loan Dispute

The High Court (Commercial Division department) has dismissed an application by (now ex) administrators of Simbamanyo Estates Limited in which they wanted the auctioning of its prime properties in Kampala which was meant for Equity Bank Ltd to recover outstanding loans worth

February 19, 2021

Business·Security

Maj Gen Sabiiti Muzeeyi Takes Over As General Manager Luwero Industries

The newly appointed General Manager of Luwero Industries Maj Gen Sabiiti Muzeeyi has taken over Office at the Industries Headquarters Nakasongola. The ceremony was presided over by the Managing Director, National Enterprise Corporation Lt Gen James Mugira. Maj Gen Sabiiti replaced Brig

February 17, 2021

Business

Government Announce Ban On Slaughter, Selling & Eating Pork

Government has banned the slaughter and consumption of pork in Kitgum following the death of more than 500 pigs due to an African swine fever (ASF) outbreak. The deaths have been reported in the villages of Bajere, Bajere East, Bajere South, Okwici

February 17, 2021

Business

Ruparelia Group’s VCON Construction Secures Contract For UGX38 Billion UMEA Project

Ruparelia Group through its construction company VCON has been awarded a contract to construct a project for Uganda Muslim Education Association-UMEA after emerging the best bidders outof 14 other companies that expressed interest. Vcon Construction (U) Ltd in partnership with Ambitious Construction

February 16, 2021

Business·Crime

Disgruntled Whistleblower Petitions Museveni Over Corruption At BoU, Sale Of Defunct Banks

A disgruntled whistleblower has petitioned the President of Uganda Yoweri Kaguta Tibuhaburwa Museveni seeking to investigate and prosecute former executives of Bank of Uganda (BoU), over allegations of involving themselves in corruption and the fraudulent sale of seven defunct banks. The petitioner,

February 16, 2021

Business·Crime

Disgruntled NGO Drags Law Firm ‘Sebalu & Lule Advocates’ To Court Over Shs120 Million Fraud

A local Non-Government Organisation (NGO) has dragged a reputable law firm in Uganda, Sebalu and Lule Advocates to court over fraud and continuous use of names whose founding members ceased to practice under it. The law firm was sued along with the

February 13, 2021

Business

“Tax on Withdrawal of Money From Banks? I am Hearing This For the First Time’-Min. Kasaija Denies Own Letter As Netizens Roar

Uganda’s Finance minister, Mr Matia Kasaija, has refuted allegations of a plan by the government to start taxing cash withdrawals from banks. According to a February 9 letter written by Patrick Ocailip, the deputy secretary to the treasury in the Ministry of

February 11, 2021

Business·Crime

Deal Gone Bad! Ugandan Man Arrested For Defrauding Over Shs500 Million In Fake Gold Transactions

The Criminal Investigations Directorate-CID headquarters detectives have in detention a one Odaka Jimmy-alias Governor aged 28, for defrauding people over 500 Million through fake Gold transactions. The suspect who is a resident of Mirumu Town Council in Abim District was arrested on

February 9, 2021

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