Business News
Finally: Govt Releases 1.2Bn For Oulanyah’s Burial Arrangements
Government of Uganda has finally released the Shs1.2 billion cash meant for the burial arrangements of former Speaker Jacob L’Okori Oulanyah. The development was confirmed by Mr. Chris Obore, the Director of Communication and Public Affairs at Parliament in a Monday evening statement on his twitter account “I can now confirm that the Finance Ministry…
Prime Suspect Who Tortured City Plumber In Gaba Lovely Guest House Arrested
Police detectives in Crime intelligence department have arrested the main suspect who was behind the torture of a plumber one Njuba Brian who was captured in video while being tortured that went viral on social media platforms. The Victim was seen tied with barbed wires and was burnt with a burning Jerry can while in…
M23 Rebels Say Ready For Peace Talks With DRC Gov’t
M23 rebels have declared a unilateral ceasefire to pave way for dialogue with the government of the Democratic Republic of Congo-DRC. This comes after a week of heavy fighting between the rebels and government troops on Rutshuru Territory, North Kivu province about three kilometers to the main border of Uganda-DRC. The rebels captured three military…
Uganda Airlines Completes Plans To Expand Wings To London, India, DRC
Uganda Airlines has completed feasibility studies on a number of routes the National Carrier plans to fly to. Key among other routes are; Mumbai in India, London in United Kingdom, Goma and Lubumbashi (both in the Democratic Republic of Congo). Shakila Rahim Lamar, the Corporate Affairs & Public Relations Manager at Uganda Airlines, says having…
Property Worth Millions Lost As Fire Guts Ministry Of Agriculture Stores
Fire has gutted the agri-chemicals and equipment central store of the Ministry of Agriculture, Animals Industries and Fisheries along Buganda road in Wandegeya in Kampala. The store shares the same compound with the Uganda Trypanosomiasis Control Council and Uganda Veterinary Board offices. Eyewitnesses say the fire spread from a small heap of garbage that was being burnt behind…
Business
Tycoon Sudhir’s New Kabira Country Club 350 Apartments Redefines Bukoto Skylines
The extension of Kabira Country owned by city tycoon Sudhir Rupaleria has redefined the skylines around Bukoto-Ntinda areas with the new leisure facility imposing a magnificent image in the area. The leisure facility, once complete, will be East Africa’s biggest leisure hotel with more rooms than any other facility. According to sources, City business magnet…
Tycoons Count Losses As Lake Victoria Evades Speke Resort, Gaba Beach and Serena Hotel Kigo
Have you ever wished to go basking in the sun or play soccer at your favourite beach only to find it submerged in water? Lake Victoria has burst its shoreline and the impact of the ever rising water levels is bringing more trouble for beach owners and goers than before. Many commercial facilities on the…
UCC Hauled to Court Over Online Media Registration
The Uganda Communications Commission (UCC) has been dragged to court over its recent directive to have all online media registered by 5th October 2020. UCC recently asked all persons engaged in the provision of data online to regularise their operations by obtaining authorization from them (UCC) by 5th October this year. However, in his suit…
UCC Warns Mobile Money, ID Fraudsters
The Uganda Communication Commission (UCC) has warned the public against the increasing cases of fraud. UCC through the Acting head of communication and international relations Rebecca Mukite says that there is an increasing trend of conmen who trick people into giving mobile money details, while others claiming to be processing Sim Card upgrades using National…
Uganda ,Russia sign Nuclear Energy Deal
September 17, 2019, on the side-lines of the 63rd IAEA General conference in Vienna the Governments of the Russian Federation and of the Republic of Uganda signed an intergovernmental agreement on cooperation in the peaceful uses of nuclear energy. On behalf of Russia, the document was signed by Nikolay Spassky, Deputy Director General – Director…
Uganda Airlines to launch its ground handling operations in 1st Quater Of 2022, says Ag CEO Bamuturaki
Uganda Airlines is planning to start its own ground handling services in the 1st quarter of 2022, reports have indicated. According to Jennifer Bamuturaki, the acting chief executive officer, the ground handling plan is now only awaiting a concession agreement from the aviation regulator Uganda Civil Aviation Authority. “The Airline is set to roll out…