The legal battle between dfcu Bank and the defunct Crane Bank over mortgages worth billions of shillings shows no signs of abating, this website can reveal. As case filing enters the latter stages, clients who took out mortgages with Crane Bank before it went under the central bank’s hammer find themselves condemned to a life…
By Babirye M. Babalanda Last week, President Yoweri Museveni, embarked on the second leg of his countrywide Wealth Creation tour by heading to West Nile subregion. The first leg was last month in Acholi. The President has, in every term in office, embarked on such tours. The last such tour was in 2019 when I…
Dfcu Bank has registered a decline of Shs11.9 billion in operating income, the audited financial results for the year that ended on December 31, 2022. The results indicate that the bank registered a loss of Shs4.8 billion in net interest income whereas the operating expenses grew from Shs179.6 billion to Shs299.4 billion in the last…
The Senior Presidential Advisor & Personal Assistant Office of the NRM National Chairman Kyambogo & National Coordinator, Bazzukulu Movement Hajjat Hadijah Uzeiye Namyalo has purchased 1500 kits worth Thirty Million Uganda Shillings (UGX 30,000,000) for the Kabaka Birthday Run scheduled for this Sunday, 16th April 2023. Accompanied by a group of Bazzukulu donning Jajja Tova…
By Hannington Mbabazi Kampala: The minister for the presidency Milly Babalanda has inaugurated a new board of Uganda Printing and Publishing Corporation (UPPC) with a strong warning to the members not to ashame the president and the ministry. “Please don’t ashame us because the president knows you and has trust in you. Go and work,”…
Nairobi: I&M Foundation has signed a KES 6.25M grant to enable over two dozen students living in informal settlements in Nairobi to learn software development. This grant is in partnership with Moringa School to support the Access Program that seeks to build a pipeline of young technology talent between 18 to 35 years of age;…
President Yoweri Kaguta Tibuhaburwa Museveni yesterday concluded his tour in the West Nile sub-region. He intensified the Parish Development Model “All people above 18 years and want to join wealth creation should join the parish SACCO. For us, we shall bring Ugx 100m each year to your SACCO and we need 100 families to benefit.…
This website can exclusively report the great offers for this Easter season brought to you by the luxurious Speke Resort Hotel. The ever-innovative team at Ruparelia group has now introduced the Easter Sunday Bubbly Brunch where the adult clients will be served all tribes of delicious meals at UGX150,000 and the young ones will be…
The Inspectorate of Government on March 21, 2023 received a petition from a whistleblower, Steven Ssemakula on the anomalies in the recruitment of a senior director at the National Drugs Authority. It has now emerged that for over a period of one year, there has not been definitive results released from the herbal testing unit…
The Minister of Local Government Raphael Magyezi has been tasked to present before parliament, a statement about concerns on the implementation of the Parish Development Model (PDM). The Parish Development Model (PDM) was launched during the financial year 2020/2021 as a delivery mechanism for transitioning 39 per cent of households from a subsistence economy to…
