City Tycoon, Dr. Sudhir Ruparelia has been appointed as the first honorary Consul of the Republic of Nepal to Uganda. The appointment was made by Bidhya Devi Bhandari, the Nepalese president before Sudhir presented his credentials to the Foreign Affairs Ministry. According to reliable sources, formal ceremony will take place in the first week of…
The board of directors of Stanbic Bank Uganda has appointed Ms Anne Juuko as new chief executive officer replacing Mr Patrick Mweheire, who has been promoted to the position of regional chief executive, Standard Bank Group. In a statement issued this afternoon, the board of directors said both Mr Mweheire and Ms Juuko will be…
The farmers have put into action scientific research that shows music has the same effects on animals as it does in human beings. They play reggae music to the cows to help them relax hence increase their milk production. Besides the good music farmers also ensure the cows have good sleeping conditions – This comes days after President…
The Kadongokaku celebrated Singer turned Politician Mathias Mulumba Walukaga has dropped a new hit bang titled “Akanyomonyomo”. In his latest song, bitter Walukaga has warned against impunity and complacency where he stung bosses at the Central Bank Of Uganda, it’s advisors and lawyers for not learning from their past experiences and mistakes. The musician also…
Former Deputy Katikiro of Buganda and Bank Of Uganda lawyer Apollo Nelson Makubuya is in hot soup following allegations of stealing land from the former Executive Director of the Kabaka Foundation, Ambassador Matia Lubega. The land in question is situated on Block 268 Plot 475 Kyadondo in the upscale Lubowa neighborhood along Entebbe Road valued…
Police has used teargas and live bullets to disperse hundreds of Boda-boda operators from Bombo road and Lumumba Avenue on Tuesday February 18, 2020 afternoon protesting endless police arrests and eviction from their stages in Kampala. The demonstration followed a recent operation conducted by jointly the KCCA enforcements and police to crackdown on Boda-boda riders…
The Speaker Of Parliament, Rt. Hon. Rebecca Kadaga has petitioned the Finance Minister Matia Kasaija to explain why the Ministry is keeping silent and taking long to appoint a new deputy Bank Of Uganda (BoU) Governor following the departure of Dr. Louis Kasekende. Furious Kadaga has called upon Mr. Kasaija to appear before Parliament on…
It has emerged that Dfcu bank shareholders plan to approach President Yoweri Museveni on their fact-finding travel to Uganda causing panic to DFCU Top Management. According to an insider, the meeting with President Museveni will trigger an investigation into DFCU troubles that are believed to have caused millions of losses to the Bank. DFCU in…
Uganda has started to spray swarms of desert locusts that invaded over the weekend, posing a major threat to livestock and key crops such as coffee, a government officials has confirmed. The plague of locusts has already caused extensive damage to pastures and crops and threatened food security in several countries in the east and…
The joint Business Rescue Practitioners (BRPs) of South African Airways (SAA) has announced further initiatives to support the airline’s transformation into a sustainable and profitable business. The BRPs, Les Matuson and Siviwe Dongwana, have worked closely with key stakeholders including industry specialists, government, creditors and executive management to develop a comprehensive restructuring programme which will…
