Lwemiyaga County Legislator Theodore Ssekikubo has been arrested for defying a government quarantine on the movement of cattle in Sembabule district. Ssekikubo was arrested this morning amid a scuffle that involved hundreds of herdsmen and cattle dealers who were resisting a blockage of their movement to the cattle market in Lwemiyaga town council. Ssekikubo’s arrest…
Emerging details on how Dr. Louis Kasekende is yearning for his contract renewal as Deputy Governor at Bank of Uganda are still leaking besides him denying allegations. Dr. Kasekende’s contract ends on January 13, 2020 but it hasn’t been extended as he so wished thus clearing his office of personal belongs as he awaits for…
Kasekende, as you read this, has 10 days in office, but President Yoweri Museveni, who is always prompt when it comes to such important matters of the state, has not showed any interest in the matter. No one can be deceived he is not thinking about the developments at Bank of Uganda, and whether to…
City tycoon, Dr. Sudhir Ruparelia recently opened up on why he chose his son Rajiv Ruparelia as the heir apparent to the Ruparelia Group empire. Rajiv who just turned 30 years old on January 2 is probably the youngest CEO of a business empire that is now in excess of USD 1 billion (UGX3.7 trillion).…
Over 6 employees of Uganda Wildlife Authority (UWA)’s reservation and booking section have been suspended over alleged fraudulent practices. TheCapitaltimes has established that majority of the culprits, ironically, are ladies and according to a credible source inside UWA insiders, the alledged culprits will be investigated (while on suspension) for conniving with private tour operators to…
The year 2019 had its good and bad in as far as the business side of the Ugandan economy was concerned. Many business events and news happened, creating public debate in sectors like banking, oil & gas, aviation, industry, energy, services, ICT, trade, hospitality, tourism and agriculture, to name but a few. We brings readers a…
As we are heading to 2020, all eyes and focus return to the looming shakeup at the central bank in the new year with the contract of Dr. Louis Kasekende the Deputy Governor is left with only two weeks to end. Dr. Kasekende has for long been touted to replace aging Governor Prof. Emmanuel Tumusiime…
Operatives from the Uganda National Bureau of Standards (UNBS) conducted a CHRISTMAS OPERATION, during which they busted Bonjour Supermarket at Total fuel station, opposite Corner House in Ntinda, which was found storing rotten meat in the same deep freezer with ice cream. The raid, which was conducted following complaints from concerned shoppers, ended with both…
The government of Iran has revealed plans to start manufacturing tractors in Uganda. The Iranian Ambassador to Uganda, H.E Seyed Morteza Mortazavi, told the Speaker of Parliament, Rebecca Kadaga, that a team of Iranian manufacturers had visited different stakeholders in Uganda earlier this year, and was moved by the potential the country possesses in the…
President Yoweri Kaguta Museveni on Thursday commissioned 9 factories operating in the Namunkekera Industrial park, in Kapeeka, Nakaseke district. The factories, which produce various assorted products and have created lots of employment opportunities for people in Kapeka, Nakaseke district, Luweero Triangle. President Museveni poses with some of the investors and security minister Elly Tumwine (2ndR)…
