Business News
3 Activists Ask Court To Dismiss Case Of Unlawful Assembly
Three Civil Society Activists who were arrested from Hotel Elyana in Ntinda in connection to Anti-corruption protests that were held in Kampala last month; want the City Hall Court to dismiss the charge of Taking Part in Unlawful Assembly that was slapped against them. Pato Denis, Kalenda Abigail and Nalunkuma Ruth in company of their…
Construction Of New Karuma Bridge To Commence In September
The government is set to construct a new bridge at Karuma along the Gulu-Westnile Highway. While appearing before Parliament, Hon. Tony Awany, Member of Parliament for Nwoya County, revealed that the construction of a new bridge at Karuma is expected to start in September 2026, following the closure of Karuma Bridge in April 2024, in…
Minister Ecweru Roots For Law To Regulate Engineering Professionals
A law that will regulate the operations of technologists and technicians, has been mooted for consideration by Parliament. The Bill was tabled by the State Minister for Works and Transport, Hon. Musa Ecweru during the first day of the regional plenary sittings in Gulu City on Wednesday, 28 August 2024. The Bill seeks to repeal…
Ugandan Authorities Hunt Outspoken Gay alActivist Arthur Mudde Over LGBT Links
Police in Kampala Metropolitan are actively hunting for one Mudde Arthur, a renowned gay activist and member of the LGBT community in Uganda over allegations of his connection to the Lesbian, Gay, Bisexual and Transgender activities in the East African country. The 21-year-old Mudde Arthur witchhunt comes in the wake of debate on the harsh…
MP Nyakikongoro Cheats Death On Kabwohe-Kitagata Road Accident
Sheema Woman Member of Parliament, Rosemary Nyakikongoro, was involved in a car accident on Sunday morning, August 18, 2024. The incident occurred on the Kabwohe-Bugongi-Kitagata road, resulting in the vehicle she was traveling in overturning. Nyakikongoro sustained injuries and was immediately rushed to the Ishaka-based Kampala International University Teaching Hospital. She is currently receiving treatment…
Business
BOU-SUDHIR CASE: It Is Supreme Court To Determine Costs As Withdrawal Isn’t Dismissal
It is the Supreme Court that will determine the costs to be paid to city businessman Sudhir Ruparelia by Bank of Uganda (BOU) in the long-running legal battle between the tycoon and his Meera Investments Ltd and the central bank, resulting from the closure of Crane Bank Ltd. Both the High Court and the Court…
BoU, Crane Bank Saga: Supreme Court Confirms Auditor General’s Report Shs 397 Bn Was Swindled By Greedy BoU Officials In Bank Sale
Supreme Court ruling on Bank of Uganda versus Sudhir Ruparelia in Shs 397 billion case confirms Auditor General’s report that BoU officials swindled the cash in CBL sale. The Supreme Court on February 12, 2022 upheld the earlier rulings of the High Court and Court of Appeal that the Bank of Uganda (BoU) must pay…
Bou,Finance Ministry Defy Court Order, Secretly Release 20M COVID-19 Cash Bonanza To MPs
Bank Of Uganda and Finance Ministry have defied High Court orders blocking Parliamentary Commission from releasing the Shs 10bn to MPs until the hearing of the application challenging such. Reliable sources have confirmed to this website that a section of members of parliament have already secretly received Shs 20m covid-19 bonanza on their accounts. “Let…
BoU’s Kasekende Chickens Down, Pays Way For Prof. Balunywa
Kasekende, as you read this, has 10 days in office, but President Yoweri Museveni, who is always prompt when it comes to such important matters of the state, has not showed any interest in the matter. No one can be deceived he is not thinking about the developments at Bank of Uganda, and whether to…
Brand Africa Back To Award Top 100 Performing Brands In Africa
The popular annual Brand Africa 100 Awards are back, bigger and better this year and are scheduled to be held on July 11th, 2023, at Golden Tulip Canaan Hotel, Kampala. The Brand Africa Awards aim at recognizing, appreciating and awarding the best 100 companies across Africa, in a bid to acknowledge their endless efforts at…
Bravo: Sanyu FM Gifts Committed Employee During Covid-19 Lockdown With Brand New Ride
Sanyu FM has rewarded it’s employee who footed to and from home to workplace for three months to serve at the Kampala based station during COVID-19 lockdown. Mr. Steven Kyaka a traffic controller at Sanyu FM didnt give up when President Museveni announced a total lock-down but instead he footed about 40km from Buloba to…