Breaking News
19 Terror Suspects Finally Committed To High Court For Trial
The Buganda Road Magistrates Court has committed 19 people to the High Court to face trial for terrorism. They were committed on Wednesday by Grade One Magistrate Asuman Muhumuza after the prosecution led by Patricia Cingtho informed the court that the investigations into six charges against them are complete. The suspects are mobile money operators…
UPDF Inaugurates A Force To Protect Rwenzori Region
Uganda Peoples’ Defence Forces has inaugurated a mountain Division to reinforce security in the Rwenzori region. According to the statement released by the force reveals that a fully fledged Division will have its headquarters at Muhooti Barracks, Kabarole District. The Chief of Defence Forces General David Muhoozi in his remarks said that there was an…
Heartless: Security Guard Gunned Down After Raping Business Woman
Police in Old Kampala have shot and killed a security guard as he resisted arrest and attempted to disarm police officers after raping a woman. Patrick Onyango, Kampala metropolitan police spokesperson revealed that the suspect one Ali Ambayo a guard became horny and raped a business woman on Wednesday night in Lugala, Rubaga Division, Kampala…
Pictorial: Ruparelia Foundation Hands Over Shs 50m Sanitary Facility To Kamwokya School
Good Samaritan Primary school located in Mulago III, East Nsooba, Kamwokya, Kampala on Friday October 2, 2020 received new and well-furnished sanitary facilities courtesy of Ruparelia Foundation and partners. The facilities were built using proceeds from the Royal Ascot Goat Races 2019 held at Speke Resort Munyonyo in partnership with Tamarai investments ltd and Ghetto…
News
‘Stop Crying For Spilled Milk’-High Court Dustbins Simbamayo Estates Case Against Equity Bank In Loan Dispute
The High Court (Commercial Division department) has dismissed an application by (now ex) administrators of Simbamanyo Estates Limited in which they wanted the auctioning of its prime properties in Kampala which was meant for Equity Bank Ltd to recover outstanding loans worth $10.8 million (Shs40 billion) to be halted. Simbamanyo Estates Limited lost Afrique Suites…
BoU Issues Guidelines On Covid-19 Crisis, Warns Banks Against Levying Extra Fees
The Bank of Uganda (BoU) has warned financial institutions against levying extra charges or fees when restructuring loans for borrowers as the country grapples with the coronavirus pandemic. In the guidelines issued by the acting Deputy Governor, Dr Adam Mugume, on Tuesday, April 14, the banks must also desist from demanding that some borrowers clear…
Just In: UDC To Fund 50% Of US$150 Million Cement, Marble Factory In Karamoja
Uganda Development Corporation (UDC), an Investment arm of the Government of Uganda will fund half of US$150 million for the setting up of a cement and marble factory in Moroto, Karamoja region. Dr. Patrick Birungi confirmed a commitment to fund the project. He said UDC will contribute 50% of the total cost while the rest…
Gen. Katumba Wamala: Old Taxi Park To Reopen This Week
The Minister for Works and Transport Gen. Katumba Wamala has revealed that the Old Taxi will reopen this week. Addressing journalists on Wednesday at the Media Centre, Katumba said that they have agreed with Kampala Capital City Authority-KCCA to hand over the park by Friday or Saturday this week for the Works Ministry to demarcate…
At Cross Roads: Tycoon Sudhir Blocks BoU From Withdrawing Supreme Court Appeal As Case Ranges On
Recently, this website broke a story on how Bank of Uganda (BoU) wrote to the Supreme Court seeking permission to withdraw an appeal they had filed on June 23rd, 2020, against businessman Sudhir Ruparelia contesting Justice David Wangutusi’s 2019 ruling, in which he declared that BoU illegally wound up Crane Bank and sold it to…
Min.Adoa Distributes Motorcycles,Surveillance Kits To Locust-Affected Districts
The Minister of state for Fisheries Hon. Hellen Adoa represented Hon. Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries at the handover of 23 motorcycles and 106 surveillance kits to 23 District Local Governments in Northern and Eastern Uganda. The project targeted areas that were affected and at risk during the Desert Locust…