The Speaker of Parliament, Rebecca Kadaga, has visited and pledged continued support to the Kiira Motors Plant, the local makers of electric motor vehicles. Kiira Motors Corporation (KMC) is located in the Jinja Industrial and Business Park in Kagogwa village, Kakira Town Council, in Jinja district. “I want to thank the President for his foresight…
The Executive Secretary of the Departed Asians Property Custodian Board (DAPCB) George William Bizibu was caught destroying crucial documents, allegedly, concerning some of the board’s illegal dealings. According to Sources, he was assisted by Ms Irene Apio Julu, one of the long serving secretaries at DAPCB, who was arrested on Tuesday, and police have embarked…
Hussein Lumumba Amin, the son of Former Ugandan President Gen. Iddi Amin Dada has said, it was his late father’s favourable laws and good governance that enabled Investors and departed Asian-Ugandan such as City Mogul Dr Sudhir Ruparelia and others to return and invest in the Pearl Of Africa-Uganda. Lumumba, made these remarks in a…
The ministry of health has clarified that there is no confirmed case of coronavirus in Kampala as alleged on social media. Earlier, social media had caught fire following a circulating video that Coronavirus had raided one of tenants at Royal Plaza owned by Tycoon Sudhir Rupaleria under Crane Management. However, it was a lie according…
Guys, if you find Directors and Managers of Diamond Trust Bank (DTB) in hiding, don’t ask why, trouble is looming. A disgruntled client, City Businessman and owner of Ham Enterprises Limited Tycoon Hamis Kiggundu has dragged (DTB) to the Uganda Commercial Court after the bank illegally and fraudulently debited over 100 billion UGX from its…
The Ministry of Finance has asked the Ugandan Embassy in Beijing, China to refund money mistakenly sent to its account. Although Cabinet had direct the ministry to send $61,800, the Ministry of Finance transferred $600,000 on the request of the education ministry. Now, the Secretary to the Treasury, Mr. Keith Muhakanizi has ordered the Embassy…
The Criminal Investigations Directorate (CID) has summoned the Managing Director of Dfcu Mathias Katamba and the Kabale branch Manager Morgan Mutesasira over allegations that the duo are in connection to the theft of over She’s 70m from the customer’s deposits. According to documents this website has landed on, Ms Grace Nyakaishiki Kamuhunda petitioned the director…
The European Union (EU) has banned its officials from travelling over the outbreak of coronavirus that has hit several countries mostly in Asia and Europe. The EU decision comes when Uganda is hosting the first Uganda EU business forum (March 9 to March 10). Officials from the union say the decision was taken as a…
Rwandan President Paul Kagame recently dropped seasoned Ugandan journalist Andrew Mwenda from his list of advisors. Andrew Mwenda who was appointed to the 23-man Presidential Advisory Committee (PAC) in 2011 during one of their annual meetings in NewYork, USA, was dropped over ‘diplomatic reasons’ in the changes by President Kagame that saw six new faces…
If on Monday you meet some agents working on behalf of troubled Dfcu Bank Kabale branch looking for small office space to rent and run their errands, wonder not. Because the hunt is on… and they say when you see monkeys running out of a forest, you will only be a wiseacre to enter the…
