Browsing: Business

Trouble Looms As Ex BoU Deputy Governor Is Dragged To IGG Over Amassed Wealth

Former Deputy Governor Bank of Uganda Dr. Louis Kasekende is in hot soup following the whistleblower petitioning the Inspector General of Government (IGG) with evidence that he has more property than he declared to the IGG. Thecapitaltimes has landed on a document received by the Inspectorate titled confidential notes, corruption against former Deputy Governor Louis…

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Tit For Tat! MTN At Verge Of Losing Over Shs 400Bn For Throwing Daj Communications Out Of Business

Fort Portal Municipality MP Alex Ruhunda Akiiki has expressed his disappointments and irregularities in how he lost his MTN dealership, millions of cash, reputation, properties to commercial banks, plus sinking his firm in some parts of western Uganda to controversial veteran journalist cum CEO of the Independent Magazine Andrew Mujuni Mwenda and his sister who…

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Stanbic Names Anne Juuko As New CEO

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…

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Singer Mathias Walukagga Releases New Song Cursing Avarice BoU Officials, Applauds Dr. Sudhir For The Resilience

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…

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Bullets, Teargas As Police Disperse Protesting BodaBoda Riders

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…

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