Business News
Kira Road: Mother Arrested For Assaulting 10 Year Old Son Over Shs 5000
Following the viral video that shows a woman assaulting a child, the police at Kira Road Police Station arrested Deborah Apolot for allegedly assaulting her 10-year-old son Mark Omiat. The arrest was carried out on Monday at about 9pm. According to deputy Kampala metropolitan spokesperson ASP Luke Owoyesigyire revealed that the suspect alleges that yesterday…
Eight Senior UPDF Mountain Division Officers Set To Retire
Eight officers and militants of UPDF Mountain Division have today been documented and sensitised ahead of their retirement in July this year. The exercise was at the Division Headquarters in Muhooti Fort Portal. Mountain Division is executing Operation Shujaa in DRC and its area of responsibility includes the entire Rwenzori Sub region. The most Senior…
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…
Police Cautions Errant Drivers as 118 People Die in Accidents In One Week
Traffic police statistics show 118 people were killed in road crashes between April 24 and May 4th. This translate into 12 people or more losing their life every day. Of these road deaths, 28 people died on the same day of May 4th after a Link bus plunged into a tea garden in Fort Portal…
Jinja Businessman Killed In Suspected Witchcraft
The mutilated and beheaded body of a prominent businessman in Jinja City has been found in a sugar plantation, with all indications that he was subjected to ritual sacrifice. Now Police in Busoga East are investigating circumstances under which the 53-year-old George Waidha, a resident of Busuyi village, in Wairasa sub county, in Mayuge district,…
Business
Ugandan Banks Blacklist Britania Allied Industries Boss Elmajee Over Lack Of Work Permit
We recently revealed on this website how Ahmed Elmajee, the Managing Director of Britania Allied Industries, and his colleague Ali Yousef Ebraik Ohaida, the Group General Manager, are illegally operating in Uganda because they have not yet secured work permits that allow them operate in the country. Following our first story, we can reliably confirm…
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…