Business News
‘You Are Just Land Grabbers’- Residents Chase Away Custodian Board Officials From Land Boundary Opening Mission
A team of five Departed Asians Property Custodian Board -DAPCB officials have been chased away by irritated residents who are objecting to opening boundaries on their land at Kalagala Village in Kiyindi Town Council Buikwe district. Although the officials have claimed to have notified the residents staying on approximately one square mile of land through…
Chelsea Owner Roman Abramovich Suffers Alleged ‘Poisoning’ During Ukraine Peace Talks
Chelsea owner Roman Abramovich has suffered suspected poisonings along with Ukraine peace negotiators earlier this month, according to reports. The 55-year-old, who is selling Chelsea while under government sanctions, showed symptoms including red eyes and peeling skin following peace talks in Kyiv, according to Wall Street Journal. The oligarch and at two least Ukrainian negotiators…
Kwania District Education Officer Interdicted Over Missing UGX 399 Million
Andrew Omunu, the Kwania District Education Officer (DEO) is on interdiction for alleged abuse of office and misappropriation of funds. He is accused of misappropriating Shs 399 million meant for the procurement of deliverables and supplies to Aduku seed secondary school. This is part of the Shs 2.8 Billion disbursed by the government with support…
Acholi Sub Region Religious Leaders Urge The Public To Desist From Fanning Tribal Division
The Archbishop of Gulu His Grace John Baptist Odama one of the religious leaders from the greater North urged leaders to desist from fanning tribal divisions and called for peaceful mourning of the Speaker of Parliament Jacob Oulanyah. In his message to mourners and the entire country Archbishop Odama has urged everyone to forget everything…
Police Recovers Eight Stolen Cars, Five Suspects Arrested In Crackdown
The Flying Squad Unit, together with the territorial police of Kampala Metropolitan, are currently carrying out an operation against the theft of motor vehicles. Luke Owoyesigyire, the Kampala Metropolitan deputy spokesperson says eight vehicles have been recovered and five suspects arrested. Owoyesigyire reveals that of the eight vehicles, four have been claimed by the owners.…
Business
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…
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…