Business News
You Stole My Bank & Frustrated My Businesses – Furious Tycoon Sudhir Ruparelia Hits At Some Corrupt Bank Of Uganda Officials After Court Victory
Minutes after legally slaying Bank of Uganda, for the forth time, but this time for good, Dr. Sudhir Ruparelia, has hit at certain officials of the central bank for stealing his bank, unnecessarily dragging him to court and prolonging the case for selfish gains. “These people stole my bank. They shared the legal fees in…
Court Orders Arrest Of Controversial Lawyer Mabirizi To Serve 18-Month Jail Term
The High Court has ordered the immediate arrest of controversial lawyer Male Mabirizi to serve 18 months in jail for contempt of court. Civil Division High Court, Judge Musa Ssekaana issued the orders after finding Mabirizi guilty of contempt of court for the second time. The ruling stemmed from an application by State Attorney, Patricia Mutesi…
Court Okays DPP To Withdraw Charges Questioning Bobi Wine’s Admission To Makerere University
Court at Law Development Centre (LDC) in Kampala has allowed the Director of Public Prosecutions (DPP) Lady Judge Jane Frances Abodo to withdraw charges against National Unity Platform President Robert Kyagulanyi Ssentamu aka Bob Wine. Bobi Wine was dragged to Court by Mr Male Mabirizi in September, 2021 accusing him of having been admitted at…
Adultery Is Nolonger Criminal Offence In Uganda-Enanga
Uganda police force has come out to clarify due to public outcry that adultery is nolonger a criminal case that should be handled by any police officers. Fred Enanga,police spokesperson on Monday at a weekly briefing held at Naguru police head quarters revealed that Ugandans should never be harassed by any police while caught in…
Court Martial Sentences UPDF Soldier To 40 Years In Prison Over Murder
The Uganda People’s Defence Forces (UPDF) Court Martial sitting at Mountain Division Headquarters in Fort Portal has sentenced Lance Corporal Piangu Hussein Mwanika to 40 years in prison for murder. The prosecution led by Lt. Moses Ekwamu told the military court that on July 24, 2021, at around 09.00 pm, while on guard duty at…
Business
Ungrateful As Dfcu Bank Leaves Dr. Sudhir’s Meera Investments Properties In Sorry State
The Dfcu Bank was on Monday February, 3, 2018 thrown out of Meera Investment Limited Properties – starting with Crane Chambers at Kampala Road something which has made many of it’s clients run to withdraw their money due to fear of what would come next. Trucks carrying dfcu bank belongings including chairs, teller tables among…
Unjust Law Can’t Be Law: Diamond Trust Bank Stuck With An Illegality, Court Rules
Courts Don’t Hold The Discretion To Stand With An Illegality There was a mood of high expectation yesterday when we assembled at the Court of Appeal (COA) to receive its judgment in the Appeal filed jointly by Diamond Trust Bank Uganda and Diamond Trust Bank Kenya against Ham Enterprises and 2 others. DTB Kenya had…
Unlock Us: Kenya Is Still Imposing Ban On All Brookside Ltd Milk & Products
Recently Kenyan Government announced that had lifted trade barriers on milk products from Uganda.This announcement came with a huge boost to exporters of powdered milk to Kenya. In a letter to Kenya milk importers by the Kenya Ministry of Agriculture and Livestock Development signed by Harry Kimtai, the principal secretary at the ministry, suspended a…
UNOC To Retain Funds From Petroleum Products Sale
The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, 2021. The amendment guarantees UNOC access the proceeds from the sale of its interest in the crude oil in order to meet all its financial…
UPDF Recalls Lt.Col.Matsiko From URA
After Commissioner of Domestic Tax at Uganda Revenue Authority (URA), Dickson Kateshumbwa resigning on Friday, May 29. The latest information thecapitaltimes has established is that the Head of security at URA Lt.Col Ezekiel Matsiko is set to leave the tax organ back to UPDF for a refresher course. This comes after President Yoweri Kaguta Museveni…
UPDF Takes Over Covid-19 Testingesting At Entebbe Airport
The Uganda People’s Defence Forces (UPDF) has taken over the mandatory Covid-19 testing exercise at Entebbe International Airport. In a letter to the Chairperson, National Planning Authority, the Prime Minister Robinah Nabbanja said UPDF with support from the Ministry of Health will take over Covid-19 testing for all international inbound passengers from private practitioners starting…