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‘Be Beware of Rising Fraud in Capital Markets’
The Capital Markets Authority is intensifying the fight against crime in the capital markets industry, with the Collective Investments Scheme products as the main target. This will also be top on the agenda of the events to mark the World Investor Week 2023 that runs through October 8. CMA says as Ugandans seek to invest their…
‘Something Must Be Wrong’: Lands Minister Nabakooba Disowns Her Junior Mayanja’s Letter To Museveni On Nakawa/Naguru Land
As the row over the re-allocation of the Nakawa/Naguru land among prospective investors deepens, Lands Minister Judith Nabakooba has thrown a spanner in the works, disowning a letter that was written by her junior minister, Sam Mayanja, purportedly on her behalf, asking President Yoweri Museveni to give a green light to the allocations that were…
‘Stay Safe From COVID As You Enter New Year’- Tycoon Sudhir Prays For A Covid Free 2021
City businessman Dr. Sudhir Ruparelia, the Chairman of the Ruparelia Group of Companies, has urged all Ugandans to ensure that they stay safe from the deadly Coronavirus (COVID-19) pandemic as they usher in the New Year, 2021. Dr. Sudhir, who is also the Honorary Consul of Nepal to Uganda, revealed this in his New Year’s…
‘They Should Be Put On Cross For Agonizing a Stable Institution’- Panic As London Court Calls For Prosecution of Corrupt BoU Officials Who Conspired With Struggling DFCU To ‘Steal’ Crane Bank
3 revered judges of the Court of Appeal in London are astonished that a group of dubious, corrupt and deceitful officials from the Bank of Uganda who designed a plan to steal and sell off Crane Bank Limited (CBL) are not in prison. And one of the recommendations highlighted in the Wednesday judgment by the…
‘We Dont Take Kindly To Arrogance’, Museveni Blasts EU Parliament
President Yoweri Museveni has again scoffed at the European Union Parliament for passing a resolution to halt the East African Oil Pipeline project- EACOP, slated to kick off by 2025. 334 Legislators from the EU Parliament recently voted to halt project for one year and find alternative roots over the human rights violations and and…
‘You Must Pay COVID-19 Rent Arrears’- Gov’t Chief Whip Nankabirwa Tells Traders As Landlords Lock Shops
Government Chief Whip, Ruth Nankabirwa has advised Ugandans to forget about not paying their rent arrears for the months the country was under lockdown. She instead promised to ask government to come up with an affordable credit facility which can help the tenants to overcome the challenges of the COVID-19 pandemic. This is after Speaker…