Browsing: Uganda

DPP Drops Tycoon Basajjabalaba Tax Evasion Charges

The Director of Public Prosecutions-DPP has explained why charges against Kampala businessman, Hassan Basajjabalaba, and his brother Muzamiru Basajjabalaba, were dropped two months ago. In 2013, Basajjabalaba and his brother Muzamiru were sued in the Anti-Corruption Court after they had been accused of not paying taxes arising out of the 142 Billion Shillings they had…

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Game Over! Depressed Lyantonde Residents Tasked To Cough Over 2.5 Billion In Legal Fees As City Lawyer Loses Land Case Against Tycoon Ben Kavuya

The 8-year-legal battle involving a city ‘lawyer’ Godfrey Rwalinda who had misled residents that their land had been encroached upon by city businessman Mr Ben Kavuya is coming to an end with more costs slapped against Kabula, Lyantonde residents. This comes after a ruling about two weeks ago, where Court of Appeal Justices Christopher Madrama,…

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Billionaire Sudhir Tops List of Top 10 Richest Investors On The Uganda Securities Exchange

Uganda’s GDP of $37.4 billion is one of the most undervalued, with a marginal representation of local investors as high institutional ownership crowds them out of the market. However, despite the fast growth of the local economy, the market capitalization of the Ugandan bourse is valued at $6.1 billion (UGX21.6 billion), which is 16.3 per…

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UWEC@70: Ruparelia Foundation Wins Conservation Education Award

The Ruparelia Foundation under the Ruparelia Group has won the Conservation Education Award at the Uganda Wildlife Conservation Education Centre (UWEC)’s 70th Anniversary Gala Dinner which was held at Speke Resort Munyonyo on Friday. Ruparelia Group is owned by businessman and philanthropist, Dr Sudhir Ruparelia. The Foundation was recognized for its outstanding contribution towards UWEC.…

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Ruparelia Foundation Congratulates UWEC On 70th Anniversary, Pledges Continued Support

The Ruparelia foundation, under the Ruparelia group, has congratulated the Uganda Wildlife Education Centre (UWEC) popularly known as Entebbe Zoo upon making it 70 years in existence. The Foundation which also sponsors a lion cub called Arie [named after Dr Sudhir Ruparelia’s granddaughter and daughter to Ms Sheena Ruparelia], has also pledged to continue using…

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Next Media Lays Off Over 30 Employees As Company Moves To Global Digital Competition

Next Media Services has laid off over 30 employees that the multimedia company said are not digitally ready for their next transformation journey. Sources at Next Media told this website that the most affected is the editorial department, which has seen notable figures such as Edris Kiggundu, Noah Kyeyune, Elijah Turyagumanawe, John Kibalizi and Fatia…

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NIRA To Kick Off Mass Enrolment & Renewal Exercise Of National IDs Ahead Of 2025 Expiry

The National Identification and Registration Authority (NIRA) with mandate of registering all Ugandan citizens has announced the mass ID enrollment and renewal exercise which is set to start in June 2023 and end in August 2024. According to NIRA, the exercise is directed at renewing all cards issued between 2014 and 2015 in keeping with…

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