Business News
Three Arrested For Allegedly Killing A 50-Year-Old
Police with sister security agencies have arrested three people for allegedly killing a 50-year-old Mwanika Yokolamu a resident of Kadama village, Kadama town council in Kibuku district. According to Police, suspects are Ibrahim Mbulalina, the LC I chairperson of Kadama village, and two others whose identities have been withheld. Police picked up the trio on…
Police Officer Commits Suicide At Nsambya Barracks
Police at Kabalagala is investigating a suspected suicide by shooting case of Coporal Drandi George a police officer attached to Very Important Persons Protection Unit (VIPPU). It’s alleged the Deceased shot himself dead today Monday at about 4am inside his place of residence at Nsambya Police Barracks. Kampala Metropolitan Police Deputy Spokesperson Luke Owoyesigyire says…
MPs Query UDC’s Capitalisation Of Private Companies Disparities
Members of the Budget Committee have asked the Committee of Tourism, Trade and Industry to examine the viability of investing Shs269 billion in several private enterprises through the Uganda Development Corporation (UDC). The trade committee chairperson, Hon Mwine Mpaka presented his committee report on the National Budget Framework Paper for the Financial Year 2022/23 -…
M7 Defends Uganda’s Human Rights Record, “We Are Seasoned People,”
President Yoweri Museveni has strongly defended Uganda’s human rights record and said for the last 60 years, their struggle has been about promoting and defending Human Rights. “There is a lot of misinformation, our whole struggle for last 60 years has been about human rights. But you get misinformation from some of the groups who…
Speke Resort Munyonyo & Munyonyo Commonwealth Resort Host AU Ministerial Meeting On Reform UNSC
Speke Resort Munyonyo & Munyonyo Commonwealth Resort Limited are this week hosting the Ministerial meeting of the African Union Committee on the reform of the UN Security Council. The Capital Times have learnt that the AU Committee ministerial meeting is happening this week from Wednesday, 19 January to Friday, 21 January 2022. The hotel through…
Business
Who Is John Musinguzi Rujoki The New @URA_CG?
The President of Uganda, Yoweri Kaguta announced the appointment of John Musinguzi Rujoki as the Uganda Revenue Authority Commissioner General, replacing Doris Akol who has been in Office for five years and five months. “By virtue of powers granted to me by the Constitution, I have appointed John Musinguzi Rujoki as the new Commissioner General…
Why Court Directed DFCU to Pay Sudhir UGX2.4 Billion, Return All His Properties
A declaration that there are no valid leases in respect of the properties. The said leases are therefore declared to be invalid and absolutely determined on account of breach and illegality. A declaration that the occupation and continued utilization of the suit properties by the first defendant constitutes trespass. That was the October 24 ruling…
Why High Court Dust-binned Peter Kamya’s Application Stopping Transfer of Simbamanyo House, Afrique Suites Ownership
Last week, Justice Stephen Mubiru from Commercial Court dismissed the application by city businessman Peter Kamya in which he asked for a temporary injunction in a bid to stop Meera Investments and Luwaluwa Investment from selling or transferring his former properties to other names. Properties in question include Afrique Suites Hotel on Mutungo Hill which…
Why Is It Still Vacant? Kadaga Petitions Finance Minister Over Failure To Appoint New BoU Deputy Governor
The Speaker Of Parliament, Rt. Hon. Rebecca Kadaga has petitioned the Finance Minister Matia Kasaija to explain why the Ministry is keeping silent and taking long to appoint a new deputy Bank Of Uganda (BoU) Governor following the departure of Dr. Louis Kasekende. Furious Kadaga has called upon Mr. Kasaija to appear before Parliament on…
Why NEMA Green-lighted Sudhir To Proceed With His Multi-billion Speke Resort Entebbe Project
On Thursday, the National Environment Management Authority (NEMA) finally agreed with the Ruparelia Group under businessman Sudhir Ruparelia on measures for safeguarding the ecological integrity of Lake Victoria while implementing the Speke Resort project worth over Shs370bn in Kitubulu, Katabi sub-county, Entebbe, Wakiso district. Last year on December 10th, NEMA issued a stop notice to…
Why Ruparelia’s Tagore Apartments Is Kampala’s Top Luxurious Accommodation Spot
Located in Kamwokya along Mawanda Road in Kampala, Ruparelia Group’s Tagore Apartments is by far the top luxurious accommodation hotspot with in the city center. The spacious apartments managed under the Speke Group of Hotels, Tagore is the ideal apartment accommodation for corporate travelers and guests on holiday (tested and proved). Be it a short…