Business News
Singer Sheebah Karungi Drags Man Who Sexually Assaulted Her To CID
The Directorate of Criminal Investigations has instituted inquiries into the alleged incident of indecent assault against singer Sheebah Karungi, after she formally made her complaint at CID headquarters on Tuesday, May 17, 2022. Police spokesman Fred Enanga said during the interaction with the CID officers, Sheebah revealed the details and the individual who was involved…
Five Notorious Thugs Arrested In Nansana
A team of security officers who were on night patrol along Kibuloka -Naluma road in Nabweru south II in Nansana police division have arrested five people suspected to be behind house breakers. According to deputy Kampala metropolitan spokesperson ASP Luke Owoyesigyire revealed that the incident happened at about 4am on 17th 05 2022. “the patrol…
65-Year-Old Private Security Guard Commits Suicide
Police in Bulambuli district is investigating circumstances under which a 65 year old private security guard hanged himself and died instantly. William Matsanga, a resident of Buwanyanga village, Buwanyanga sub county in Bulambuli district was today morning found hanging dead on a rope around his neck in a store near the factory he has been…
Four Suspects Remanded For Financing Terror
The Buganda Road Magistrates Court has remanded four suspects to Luzira prison on charges of belonging and rendering support to a terrorist organization, the Allied Democratic Forces. The suspects include; Rashidah Namiiro, a resident of Kirokole zone in Kawempe, Kampala district, Saidi Kakooza alias Bizimana, a resident of Nakitokolo village in Nsangi town council, Wakiso…
Unaccessible: Police Puts Dr Besigye Under House Arrest,Blocks Opposition Leaders’ Visits
Former party President for forum for Democratic Change ‘FDC’ Dr. Kizza Besigye, has expressed his disappointment to the police for blocking his visitors and Ugandans from accessing his home in Kasangati, Wakiso district. Dr Besigye has been put under house arrest after he was intercepted by security operatives following his attempt to mobilise Ugandans to…
Business
Uganda Starts Manufacturing Surgical Gloves
Uganda is on track to become the first African country to produce surgical gloves and other medical equipment. East African Medical Vitals (EAMV), which was only incepted in 2006, is the company that is at the helm of the milestone. Mr Ben Kavuya, the board chairperson of EAMV, on Monday revealed that the Namanve-based company…
Uganda To Be Blacklisted Over Money Laundering
Uganda’s financial industry risks being blacklisted by international systems for failure to put in place measures that can effectively prevent financial crimes like money laundering. This is a requirement by the Financial Action Task Force (FATF), a global inter-governmental organisation on the initiative of the G7countries to develop policies to combat money laundering and terrorism…
Uganda To Sign Business Deals With DRC After Joining EAC Bloc
A Government of Uganda delegation will travel to the Democratic Republic of Congo at the end of the month to negotiate business deals aimed at boosting Uganda’s economy. This was revealed by the State Minister for Trade, Hon. David Bahati, on Tuesday, 19 April 2022 while responding to issues raised in the report from the…
Uganda Won’t Achieve Middle Income Status Until 2040 – World Bank Warns
Uganda gaining middle Income Status as a country is something President Yoweri Kaguta Museveni has been obsessed with for the past years. In his numerous addresses, Mr. Museveni promised Uganda will soon jump from the cluster of third world countries to the middle income status. However according to world Bank experts, this wait will go…
Uganda-EU Business Summit: EU Position On EACOP To Be Reviewed October 26
The European Commission in Uganda, is set to fully address the matter of the European union parliament resolution on the East African Crude Oil Pipeline Project, at that upcoming Uganda-EU business summit later this month. Due to environmental and human rights issues, the European union parliament resolved, to calling for a halt on the construction…
Uganda, Cuba Sign New Barter Trade Cooperation Deal
Uganda and Cuba have once again signed another Memorandum of Understanding, this time on Trade cooperation. This is the 3rd cooperation agreement being signed by the two nations after two others which were signed in September last year. The agreements signed in September include; The Collaboration Agreement in the fields of Science, Technology, and Innovations which…