Business News
Resign! MPs Tell UHRC Chairperson As She Fails To Justify Her Leadership
Related posts: Resign Please! UHRC Boss Wangadya Sweats Plasma Before Parliament As She Fails To Justify Her Leadership, Explain Rampant Torture Of Ugandans By Security Forces Powered by YARPP.
Lawyers Petition Court Seeking Unconditional Release Of Alternative Digitalk Journalists
A group of lawyers have filed an application before the Nakawa Chief Magistrates Court demanding for the unconditional release of nine presenters of an online television, the Alternative Digitalk who were arrested four days ago. The nine are: Norman Tumuhimbise, Arnold Mukose, Faridah Bikobere, Jeremiah Mukiibi, Kato Tumusiime, Lillian Luwedde, Teangel Nabukeera, Rogers Turyahabwe and…
Court Dustbins Male Mabirizi’s Appeals, Sent Back To Kitalya Prison
Jailed lawyer Male Mabirizi has today lost two applications to the government and ordered by the High Court Civil Division Judge Boniface Wamala to pay costs on both cases. One application sought an interim stay of execution of the order issued by Civil Division Judge Musa Ssekaana on February 15th, 2022 ordering for his arrest…
High Court Upholds Dismissal Of Corrupt Civil Aviation Official
The High Court in Kampala has upheld the decision to dismiss Muzamil Siiku the Senior Administration and Estates Officer at Uganda Civil Aviation Authority for causing loss of more than sh20 million while purchasing COVID-19 Personal Protective Equipment. According to the Judgment issued by the Civil Division Judge Musa Ssekaana, the decision by UCAA’s Executive…
Property Worth Millions Lost As Fire Guts IUIU Mbale Campus Hostel
Fire on Saturday gutted a hostel at the Islamic University in Uganda- IUIU main campus in Mbale City. The fire gutted Sumayya Female’s Hostel injuring one student and destroying property. Rehema Kantono, the University’s Public Relations Officer says that investigations are underway to establish the cause. By the time the fire broke out, there was…
Business
Ugandan Billionaire Sudhir Ruparelia Ranked Among East Africa’s Asian Kings Of Cash
Across East Africa, and Africa as a whole, Asian entrepreneurs stand out for their success and longevity. According to one Aly-Khan Satchu, a Kenyan-Asian financial analyst and CEO of investment advisory firm Rich Management, Asian-owned companies have been embedded in the African ecosystem for more than a century. “For example, my family came to East…
Ugandan Gov’t Already Minting Billions From Marijuana After ‘Secretly’ Permitting Some Companies To Carry Business
According to our sources, Uganda last week exported about 400 kilograms of medical marijuana to Germany which is actually reported to be the fourth delivery since the government `secretly’ permitted a few companies to carry the business in the among hundreds that yearn for this lucrative opportunity. Medical marijuana uses the marijuana plant or chemicals…
Ugandan Gov’t Finally Okays Licenced External Labour Companies To Resume Work
The government of Uganda through the Ministry of Gender, Labour and Social Development has relaxed restrictions on externalization of labor to enable companies involved in the sourcing of external employment for migrant workers abroad are to resume business. “This is to inform all licensed companies involved in the sourcing of external employment for Ugandan migrant…
Ugandan Government Donates Land To Afreximbank To Set Up It’s Regional Headquarters
The Government of Uganda has donated two acres of land to African Export-Import Bank (Afreximbank), a move that will enable it open up its regional branch in Kampala, Uganda. The donated piece of land which formerly belonged to National Social Security Fund (NSSF) and located along Yusuf Lule Road in Kampala was handed over to…
Ugandan Government To Lose Shs340 Billion Per Year In Tax Stamps
Due to the continued refusal by the manufacturers to pay for the tax stamps, Government of Uganda (GoU) is looking at Shs 340 Billion Shillings to be paid to SICPA a company it out sourced to supply the Digital Tax Stamps. This means that 1 billion per day of tax payer’s money will be allocated…
Ugandan MPs Pay TributeTo EastAfrica’s Richest Woman Amina Hersi
Parliament has paid tribute to Amina Hersi Morghe, a Kenyan business woman who has invested heavily in Uganda. The parliamentary mention follows her recent receipt of an award, ‘Entrepreneur of the Year Africa 2019’ by European CEO Magazine. Parliament praised Hersi referring to her as a true East African, not only for winning the award…