Business News
Rage As MPs Oppose Giveaway Of Luzira Prisons Land To Chinese Investor
A formal motion will be introduced in Parliament to determine the relocation of Luzira Prisons to make way for the construction of a five-star hotel. On Wednesday, 24 April 2024, the Minister of State for Internal Affairs, Gen. David Muhoozi presented a statement stating that the dilapidated prison built in the 1920s is facing a…
Rwandan National Arrested In Kabale For Vandalizing Street Solar Panels
The territory police in Kabale have arrested a 30-year-old Rwandan national for vandalizing and plucking off a street solar panel along Jackson Road in Central Division, Kabale municipality, at the National Social Security Fund (NSSF) Kabale branch. Elly Maate, the police spokesperson for the Kigezi region, stated that the culprit was identified as Alphonse Shimaka…
MPs Frustrated Over Delayed Completion Of Namboole Stadium
Members of Parliament have questioned the delayed completion of Mandela National Stadium, Namboole. The concerns were raised by the Chief Opposition Whip, Hon. John Nambeshe, during plenary on Thursday, 11 April 2024 chaired by Speaker Anita Among. Nambeshe, also Manjiya County MP, noted that during a pre-inspection visit, they discovered that the works at the…
Eng.Bbosa Murder Suspects Further Remanded To Luzira Prison
The suspects appeared before the Mwanga II Magistrates Court on April 11, 2024, and were presided over by Senior Principal Grade One Magistrate Adams Byarugaba. Bbosa, also the proprietor of TransaBosa Electricals, was killed on March 24, 2024, at Kikandwa Village, Lunguja, Lubaga Division. Residents pursued the assailants who were riding on a motorcycle and…
KACITA Abandons Kampala Traders’ Protests
The Kampala City Traders Association (KACITA) has called off planned traders’ demonstrations that were allegedly set to happen on Monday, April 8, 2024. According to Thadeus Musoke Naggenda, the Chairperson of KACITA, all traders operating in Kampala are allowed to open up their businesses and attend to their customers. He asked traders not to be…
Business
‘Why Can’t You Let Ugandans Breathe?’-Finance Committee Roars As It Dustbins Shs 200,000 Annual Car License
Parliament’s finance committee has rejected the 200,000 Shillings license on cars and 50,000 Shillings for motorbikes. thecapitaltimes.co.ug has learnt. Last week, the minister of Finance, Matia Kasaija tabled tax measures seeking to make amendments to a number of bills including, Excise Duty Act, External Trade Act, Fish Act, Income Tax Act, Mining Act, Stamp Duty…
‘With NEMA Approval, We Only Secured Our Garden Which Was Earlier Affected By Unprecedented Rise Of Water’- Ruparelia Group Dismisses Allegations Of Refilling Lake Victoria
As part of the larger preparations for the incoming 19th Summit of the Non-Aligned Movement to be held in January 2024 in Kampala, Uganda at Speke Resort Munyonyo, the entire facility is also undergoing some indoor and outdoor refurbishments and upgrades. The Ruparelia group conducted an on-the-spot media tour of the construction grounds and provided…
‘You Cannot Make Money Alone & Call That Success’ – Dr. Sudhir Tips On How He Defines Success
Uganda’s business magnate and investor Dr. Sudhir Ruparelia, possibly the country’s most charismatic businessman is the chairman of Ruparelia Group, one of the top taxpayers in Uganda. The Nepal consul in Uganda and a symbol of financial success on the East African land has been sharing tidbits of his success journey, which is peppered with…
‘You Order, We Deliver’- Speke Resort Munyonyo Unveils a Home Delivery Policy To Save Clients From Unnecessary Movements
Famous for its delicious buffets, Speke Resort Munyonyo, an ideal spot from which to discover the true beauty of Pearl of Africa has unveiled a home delivery policy as one of the mechanisms used by the hotel to keep its clients safe from unnecessary movements that would expose them to COVID-19. Speke management says that…
‘You Order, We Deliver’- Dolphin Suites Unveils a Home Delivery Policy To Save Clients From Unnecessary Movements During This Festive Season
Famous for its delicious buffets, Dolphin Suites Bugolobi, an ideal spot from which to discover the true beauty of the Pearl of Africa has unveiled a home delivery policy as one of the mechanisms used by the hotel to keep its clients safe from unnecessary movements. Dolphin management says that their clients can now have…
‘You’re Now Safe’- Goldstar, Hisense Announce Insurance Cover For Appliances
Goldstar Insurance Limited, has announced their partnership with Hisense Uganda in a move aimed at improving the customer experience between the two entities. With it’s electronics appliances policy, Goldstar will in the new partnership cover accidental damages and theft of Hisense brand products for up to three years. The partnership was announced on Thursday April 29,…