Lodge owners and tourism operators have appealed to the European Union (EU) delegation in Uganda to consider clear accessibility of the Euro 6 million grant (25.2 billion Shillings) that was recently extended to support the private tourism sector. The EU ambassadors were on Saturday meeting a section of lodge owners and tourism operators at Elephant…
The European Union (EU) Ambassadors to Uganda have appealed to government to consider having in place a comprehensive master plan that will ensure the resuscitation of the country’s tourism sector. Tourism together with others sectors in the country have been hit by the Coronavirus (COVID-19) pandemic. The sector came to a standstill in March after…
Following the recent National address on Covid-19 by His Excellency the President of the Republic of Uganda, Boda Bodas are to resume carrying passengers and luggage on July, 27, 2020. However, a set of Standard Operating Procedures (SOPs) for all the Boda Bodas operators nationwide have been issued by Government through Ministry of Works &…
The Supreme Court has halted an order by the Constitutional Court ordering the trial of businessman Hassan Basajjabalaba over tax evasion. The businessman was jointly implicated with his brother Muzamiru Basajjabalaba on several charges including conspiring to defeat tax laws, forgery of a judicial document and uttering a false document, before the Anti-Corruption Court. On…
Several activists in Uganda under their umbrella body Uganda Poor Youth Movement, have petitioned President Yoweri Museveni to reign on Bank of Uganda (BoU) officials who are causing the country hundreds of millions in losses as they waste money in a case against tycoon Suhdir Ruparelia, which they lost. As a result of their incompetence…
I&M Holdings PLC has issued a cautionary announcement advising its shareholders of a proposed transaction between the bank and Uganda’s Orient bank Limited, which may affect the value of its shares. In the proposed transaction, I&M plans to acquire 90% of the ownership of the Ugandan bank. “Shareholders of I&M Holdings Plc are advised that…
By Lexology India: The Delhi High Court has clarified that the lockdown period where premises cannot be used would not give a tenant the right to void the lease. Consequentially, a lessee cannot claim suspension of payment of lease or rental amount due to COVID-19 lockdown. Introduction One of the pertinent issues landlords and tenants…
The Minister for Kampala Betty Amongi has said that it is only President Yoweri Museveni who can announce the reopening of arcades because he is the one who ordered for their closure. Among said, “The opening is supposed to be announced by the President because he is the one who closed the arcades. We have…
By Andrew M. Mwenda Last week, Bank of Uganda (BOU) issued a press statement in which it promised to appeal a ruling by the Court of Appeal in a case against businessman Sudhir Ruparelia over Crane Bank. Yet the statement did not deal with the reason why the court rejected all the grounds of appeal…
Close to 50 arcades have so far adapted to the standard operating procedures set by the government as a precondition for their reopening. The government had maintained lockdown restrictions on arcades because of difficulty to avoid close contact between people in the wake of the COVID-19 pandemic. According to President Yoweri Museveni, it would be…
