Business News
OPINION: Uganda’s Electoral Commission Should Borrow a Leaf From Victoria University’s Online Elections
Electing leaders to occupy various formal positions is a norm in any democratic setting, and Uganda is no exception. On a sad note, fraud has adulterated this hard-earned democracy, with the national Electoral Commission being at the spotlight. At the forefront of challenging the status quo, is Victoria University Uganda that is proving to be…
Gen Kayanja Inspects Construction Of Ferry River Similiki Linking Uganda To DRC
Maj Gen Kayanja Muhanga, the UPDF overall Commander Operation Shujaa, on 17 January 2022 inspected the on-going ferry construction works at Hayibale landing site on river Semuliki in Rwebisengo county – Ntoroko district. Uganda National Roads Authority (UNRA) is working to install the ferry on river Semuliki that will connect Uganda and Eastern Democratic Republic…
Thirteen Notorious Criminals Terrorizing Ugandans At Clock Tower Arrested
Police in Kampala has arrested suspected criminals who have been terrorizing city dwellers plying around Clock Tower Area. According to KMP Deputy Spokesperson Luke Owoyesigyire, the arrests were made in a Tuesday operation conducted by territorial police at Katwe. At least 13 suspects have been arrested. These are said to have been targeting motorists and…
141 Thugs Terrorizing Motorists Along Bypass Charged
A total of 141 suspects behind the violent crimes along the bypass, other roads within the suburbs of Kampala were charged to court. In Kawempe 74 were charged, 60 remanded and 14 released on court bail; in Nansana, 18 were charged to court, while at old Kampala, 32 were charged to court, 26 remanded and…
UPDF Soldier Who Shot Police Traffic Officer Identified
The joint security agencies have identified the UPDF officer who shot and injured a traffic officer on duty. The incident happened on Sunday and the ‘shooter’ has been identified as Corporal Babangida Bashir Mango. According to Fred Enanga, they are actively searching for CPL Babangida and the Chieftancy of the UPDF has already confirmed to…
Business
Why Ssebalu &Lule Advocates Were Dumped From Meera Investments, DFCU Property Wrangle Case
Embattled DFCU bank has chased away conflicted Lawyers of Ssebalu & Lule advocates from representing them in a case in which Meera Investments seeks to recover its properties which were fraudulently handed over to DFCUby the bank of Uganda. In a notice to High Court land division in Kampala, Ms Kalenge, Bwanika, Ssawa & Co…
Why Sudhir’s Lawyers Want Crane Bank Returned To It’s Original Share Holders
In January 2017, Crane Bank was acquired by DFCU Bank at a cost of Shs200 billion ($52.8 million) on grounds that it was undercapitalized as declared by the regulator Bank of Uganda. Crane Bank whose proprietor is businessman Sudhir Reparelia remained open under statutory management until most of its assets and liabilities would be transferred…
Why The Case Of Ham Enterprises Vs DTB Must Be A Concern To The Wider Business Community In Uganda
By Fred Mwebya All over the world, countries grow and develop as a result of how strong and respected their systems and structures are. There is no doubt that fundamental growth and development depends on the prevailing economic, political and legal structures of a given nation or community. Unfortunately in many African communities little attention…
Why Ugandans Should Praise & Embrace Dr Sudhir Ruparelia As He Moves To Reshape The City With Another Multibillion Swanky Hotel
Uganda is among the few countries with patriotic investors that do not brink when it comes to boosting their countries’ development. Among the few but heavily-loaded tycoons, Uganda is blessed is Dr. Sudhir Ruparelia aka money magnet who is the chairman of Ruparelia Group of Companies. Dr. Sudhir, also Nepal ambassador to Uganda is in…
Why You Should Isolate & Enjoy a Splendid Vacation At Kampala Boulevard Suits During This Covid-19 Era
They say life is too short to live, hence you should live it to the fullest. The best way to enjoy life to the fullest is to always enjoy the best that there is to offer; that is exactly what Kampala Boulevard Suits is offering clients in this Covid-19 era. We’ve learnt that the Management…
Why YY Coaches Have Shut Down Business?
YY coach services following a spate of accidents in just a month have compelled them to first put their hands off as they try to find a solution to the unending causes of accidents on road by their drivers and buses. The company has 50 buses plying different routes in Eastern and Northern parts of…