Latest video

Business News

Staff Affected By Rationalisation Will Cause Chaos To Economy- Speaker Among Warns Public Service

Speaker of Parliament Anita Among has made a case for the placement of staff affected by the ongoing rationalisation of government agencies. In a meeting with officials from the Public Service Commission (PSC) led by the chairperson, Agnes Kabogoza-Musoke, Speaker Among said leaving the affected officials jobless and without compensation will affect them and their…

Activist Kakwenza Dumps Case Against Govt In EA Court

Kakwenza Rukirabashaija, a local political activist seeking regime change in Uganda has withdrawn his legal case against the government in the East African Court.(Explorer) He fled into self-claimed exile to Germany some years back after he was arrested for circulating derogatory statements against the first family. This decision comes days after the Kisangani rebel group…

Business

Big Story: ERA Introduces New Billing System, Reduces Power Tariffs To Make Electricity Affordable

The Electricity Regulatory  Authority (ERA) has made amendments to the electricity tariff structure with an aim of promoting access to, and use of electricity. The development was announced Thursday by the Chairperson of ERA Ms. Sarah Kanabi Wasagali, who noted that ERA’s aspiration for the next five years is to be a recognizable institution in…

Big Story: Ham Vs DTB Case Takes New Twists As FIA Grills Diamond Trust Bank Officials Over Tax Evasion, Money Laundering

The case  in city tycoon Hamis Kiggundu of Ham Enterprises accuses Diamond Trust Bank of illegally debiting over USD34M from his company’s accounts has taken  another twist after the Financial Intelligence Authority (FIA) grilled officials of the bank on Monday, about their roles in the matter. According to a letter seen by this website dated…

Big Story: High Court Stays Execution Of Recent Commercial Court Ruling Of Ham-DTB Case

The Kampala High Court has temporarily blocked the execution of the recent ruling against Diamond Trust Bank by the court’s commercial division. The Commercial court Judge, Henry Peter Adonyo had ruled last week that DTB Kenya (DTBK) acted illegally in lending money to Ham Enterprises owned by businessman Hamis Kiggundu, through Diamond Trust Bank Uganda.…

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President Yoweri Museveni’s fight against corruption, then it is the City Hall based Kampala Capital City Authority (KCCA), because investigators indicate that officials there are involved in gross abuse of government funds and tax payers’ money. This is because officials at KCCA not only embezzled funds…

1 16 17 18 19 20 163
SPREAD THE STORY