Business News
M7 Names Abbas Byakagaba As New Police Boss
President Yoweri Kaguta Musevenei has appointed Abbas Byakagaba as the new Inspector General of police filling the position which was recently left by former IGP Martin Okoth Ochola whose contract ended in March 2024. The Deputy Press Secretary to the President, Farouk Kirunda, confirmed the news of Byakagaba appointment with immediate effective. James Ochaya has…
Court Remands Self Proclaimed Jesus To Prison
A self-proclaimed “Jesus” in Luwero district has been remanded to Buntuntumula prison for refusing to be counted during the ongoing National Population and Housing Census 2024. Identified as Navas Vella, the self-proclaimed Jesus who was arrested on Monday, May 13th, appeared before a magistrate court in Wobulenzi town council in Luwero district on Wednesday, May…
MPs Order For Closure Of City abattoir in Hoima City citing unhygienic conditions
Lawmakers have called the immediate closure of the abattoir in Hoima City citing unhygienic conditions which they say poses health hazards to consumers of beef and goat meat. The slaughter house in Kiryateete East, Hoima City was condemned in 2006 but legislators on the Health Committee were perturbed to learn that the city authorities have…
Natete: Police Hunt Panga Welding Bashir Greening Millers Staff Over Attempted Murder
Natete police are currently investigating an alarming incident of attempted murder where a man wielding a panga (machete) launched a vicious attack at a maize miller’s office in Kutano Village, Natete. The victim, identified as Sam Turyamuhaki, a 55-year-old resident of Kabaho Zone, was conducting a routine financial transaction at Bashir Greening Miller’s company on…
Chief Magistrate’ Warning Pulls Out Businessman Emmanuel Asiimwe From Hideout
Following the tough warning by the Chief Magistrate – Buganda Road on May 3, 2024 to cancel bail of city businessman and company director at Taifa Partners Limited, Emmanuel Asiimwe for dodging court, the latter appeared in good shape. Asiimwe, who is accused of forging and uttering false documents had previously skipped a number of…
Business
Stan Chart Puts Senana Hypermarket On Auction Over Debts
Frida Nabirongo is a woman in distress after Standard Chartered Bank has moved to take over her empire over a mortgage for a building that houses her Senana Hypermarket on Buganda Road. “Take notice that Standard Chartered Bank Uganda Limited through its appointed agent shall after 5 working days from the date of this notice,…
‘A day To Remember’- Don’t Miss La Cabana’s Yummy Roast On Easter Sunday
Easter Day is just around the corner and La Cabana Restaurant has got you covered with a food fest themed ‘La Cabana Easter Roast on Sunday 4th April.’ This website has learnt that La Cabana Restaurant, Kampala’s premium and ritzy churrasco grill restaurant, will this Easter Sunday serve a rich menu giving you a touch…
‘An Audit That Never Is?’- After Losing 8 Court Cases, BoU Moves To Do Fresh ‘Audit’ On Defunct Crane Bank
Bank of Uganda (BoU) is seeking to hire an independent audit firm that will carry out a comprehensive audit on the current state of affairs of the now-defunct Crane Bank, six years after the same commercial bank was closed. According to an advert published in one of the local newspapers, BoU said it is now…
‘Camera Shy’ Sheena Ruparelia: One of Uganda’s 100 Women Fixing The Country
Sheena Ruparelia is a daughter of Money Magnet HE Sudhir Ruparelia one of the richest gentlemen in Africa. Sheena was born on December 23rd, 1988 and she is married to Mr. Jay Sakaria. Sheena has been a Director and one of the trustees at Ruparelia Group since January 2017. The Group is one of Uganda’s…
‘Clear Your Loan Or Face Jail’- High Court Trashes Rajni Tailor’s Case Against Prime Finance Company
The Commercial Division of the High Court has dismissed an application filed by Rajni Tailor against Prime Finance Company Limited. According to Mr. Tailor, on 6th August 2016, he entered into a loan agreement with Prime Finance for a personal loan facility in the sum of USD 20,000 repayable in three weeks by 27th August…
‘Desist From Compromising The Judiciary’- Appellante Judges Warn As DTB Struggles With Appeal Against Ham
The appellate judges handling the Ham Vs DTB that include: The Deputy Chief Justice Richard Buteera, Justice Kenneth Kakuru and Justice Christopher Izama Madrama have strongly warned and cautioned parties involved to desist from trying to compromise the judiciary. It should be known that Diamond Trust Bank appealed the October 2020 High Court judgement, since…