Breaking News
Just In: Court Of Appeal Acquits Former OPM Accountant Kazinda
The Anti-Corruption Court in Kampala has set free former Principle Accountant in the Office of the Prime Minister (OPM) Geoffrey Kazinda of all offences levelled against him. A panel of five justices led by Stephen Musota has also granted all the declarations Kazinda sought in the petition. Others on the panel are Kenneth Kakuru, Geoffrey…
Big Story: ISO Dismisses Fake News About Blocking Intelligence Sharing With UPDF
The Internal Security Organization (ISO) has dismissed rumours being circulated by an online news site that the agency has blocked the sharing of intelligence Information with the army. This followed after Soft Power news site citing an ISO operative claimed the Director General Internal Security Organization through his Executive Assistant Lt Col Ambaku Kibrai issued…
Ex-Egyptian President Hosni Mubarak Dies At 91
Hosni Mubarak, Egypt’s president for almost 30 years who stepped down after a popular revolution in 2011, has died. He was 91. Mubarak served as Egypt’s fourth president starting in 1981 until his removal in what became known as the Arab Spring revolution. He was jailed for years after the uprising, but was freed in…
Two Indian Gold Dealers Detained for Money Laundering, Forgery
The mineral protection unit of the Uganda police force has in its detention two Indian nationals on charges of forgery, money laundering and none payment of workers, this website has learnt. The dual Rahul Renjit and Roman John, all directors of Faru Trading Limited, gold-dealing companies based in Bugolobi also face charges of operating on a fake license.…
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Deep Trouble: Equity Bank Bosses At It Again As CEO Mwangi Secures Court Order To Escape Arrest
Equity Bank chief executive officer James Mwangi has secured a court order blocking his possible investigation or arrest over a disputed multi-billion shilling property in the high-end Muthaiga estate in Nairobi. Mwangi, who has served Equity Bank for 32 years, faces arrest over allegations that he fraudulently grabbed a multibillion property in Muthaiga, a plush…
‘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…
Business Tips: Think Again & Invest, Numbers Do Not Lie – Tycoon Rajiv Speaks!
Last month, the Ruparelia Group, unveiled Bukoto Living, 9-floor condominium homes project – altogether, 27 homes in a 2-3-4- and 5-bedroom configuration, in Bukoto, Kampala. The affluent suburb of Bukoto and the surrounding Naguru, Ntinda is a mixed residential and commercial areas, with a large number of small businesses, NGOs, supermarkets, hospitals, schools and upscale…
Uganda: List Of Over 15 Recruitment Companies Whose Operations Have Been Suspended
The Ministry of Gender, Labour and Social Development has suspended licenses of 15 labour export firms for allegedly being involving in human trafficking, accumulated refund claims, forgery of renewal documents among other accusations. According to the Ministry, the affected companies have been stopped from operating with immediate effect. In June this year, the Ministry of…
Traders Threaten To Close Shops After Meeting Museveni Over EFRIS
The leaders of traders’ associations have threatened to lock down their businesses again, displeased with the outcome of the Kololo meeting with President Museveni. They argue that President Museveni did not address any of their concerns about taxes at the much-anticipated meeting. However, the Uganda Revenue Authority spokesperson, Ibrahim Bbosa, urged the traders to have…
Trouble Looms! Disgruntled Ex- Crane Bank Employees Drag DFCU to Court Over Fraud, Human Rights Violations! Demand Production & Inspection Of Several Documents
Former employees of Crane Bank Limited (CBL) which was fraudulently taken over by Bank of Uganda (BoU) and later sold on phone have again dragged DFCU on behalf of 700 others to the High Court to compel production and inspection of several documents hitherto with held by DFCU Bank Ltd. This comes after High Court…
