Business News
Police Guns Down Assailant After Hacking Four Children
Residents of Bongole Zone in Ndejje, Wakiso District are reeling from a horrifying incident of attempted murder that left four children critically injured. According to ASP Luke Owoyesigyire, Deputy Public Relations Officer for Kampala Metropolitan Police, an unidentified assailant armed with a panga barged into the residence of Ayebare Anita, 25 on April 29, 2024,…
TikToker Pressure 24/7 Released On Bail
Ibrahim Musana, a 27-year-old Ugandan commonly known as Pressure 24/7, has been granted a two million cash bail by the Buganda Road Court. His Worship (HW) Ronald Kayizzi, the Buganda Road Court Chief Magistrate who granted bail to Pressure 24/7 on April 29, 2024, said that he was granted bail because he had been detained…
Speaker Among Hails Late Kagezi As Beacon Of Justice
Speaker of Parliament Anita Among has praised former state prosecutor, Joan Kagezi as a beacon of justice, a guardian of rule of law and a fearless warrior who diligently handled very serious cases before her assassination in 2015. At the time of her death, Kagezi was the lead prosecutor of the suspects of the 2010…
Rage As MPs Oppose Giveaway Of Luzira Prisons Land To Chinese Investor
A formal motion will be introduced in Parliament to determine the relocation of Luzira Prisons to make way for the construction of a five-star hotel. On Wednesday, 24 April 2024, the Minister of State for Internal Affairs, Gen. David Muhoozi presented a statement stating that the dilapidated prison built in the 1920s is facing a…
Rwandan National Arrested In Kabale For Vandalizing Street Solar Panels
The territory police in Kabale have arrested a 30-year-old Rwandan national for vandalizing and plucking off a street solar panel along Jackson Road in Central Division, Kabale municipality, at the National Social Security Fund (NSSF) Kabale branch. Elly Maate, the police spokesperson for the Kigezi region, stated that the culprit was identified as Alphonse Shimaka…
Business
Stan Chart Puts Senana Hypermarket On Auction Over Debts
Frida Nabirongo is a woman in distress after Standard Chartered Bank has moved to take over her empire over a mortgage for a building that houses her Senana Hypermarket on Buganda Road. “Take notice that Standard Chartered Bank Uganda Limited through its appointed agent shall after 5 working days from the date of this notice,…
‘A day To Remember’- Don’t Miss La Cabana’s Yummy Roast On Easter Sunday
Easter Day is just around the corner and La Cabana Restaurant has got you covered with a food fest themed ‘La Cabana Easter Roast on Sunday 4th April.’ This website has learnt that La Cabana Restaurant, Kampala’s premium and ritzy churrasco grill restaurant, will this Easter Sunday serve a rich menu giving you a touch…
‘An Audit That Never Is?’- After Losing 8 Court Cases, BoU Moves To Do Fresh ‘Audit’ On Defunct Crane Bank
Bank of Uganda (BoU) is seeking to hire an independent audit firm that will carry out a comprehensive audit on the current state of affairs of the now-defunct Crane Bank, six years after the same commercial bank was closed. According to an advert published in one of the local newspapers, BoU said it is now…
‘Camera Shy’ Sheena Ruparelia: One of Uganda’s 100 Women Fixing The Country
Sheena Ruparelia is a daughter of Money Magnet HE Sudhir Ruparelia one of the richest gentlemen in Africa. Sheena was born on December 23rd, 1988 and she is married to Mr. Jay Sakaria. Sheena has been a Director and one of the trustees at Ruparelia Group since January 2017. The Group is one of Uganda’s…
‘Clear Your Loan Or Face Jail’- High Court Trashes Rajni Tailor’s Case Against Prime Finance Company
The Commercial Division of the High Court has dismissed an application filed by Rajni Tailor against Prime Finance Company Limited. According to Mr. Tailor, on 6th August 2016, he entered into a loan agreement with Prime Finance for a personal loan facility in the sum of USD 20,000 repayable in three weeks by 27th August…
‘Desist From Compromising The Judiciary’- Appellante Judges Warn As DTB Struggles With Appeal Against Ham
The appellate judges handling the Ham Vs DTB that include: The Deputy Chief Justice Richard Buteera, Justice Kenneth Kakuru and Justice Christopher Izama Madrama have strongly warned and cautioned parties involved to desist from trying to compromise the judiciary. It should be known that Diamond Trust Bank appealed the October 2020 High Court judgement, since…