Breaking News
Uganda Listed Among First Countries To Benefit From Vaginal Ring For HIV Prevention
Uganda has been listed among the first seven countries that will benefit from the roll out of the vaginal ring used in prevention against HIV, the International Partnership for Microbicides (IPM) has revealed. IPM’s external relations director Dr. Leonard Solai told journalists that other countries to benefit are Kenya, Rwanda, Tanzania, Malawi and South Africa.…
Heartless: Entebbe Taxi Driver Confesses To Killing Four Women
Isaac Nuwagaba, a taxi driver operating on Entebbe Road, has shocked crime intelligence and flying squad teams by confessing to the murder of four women, whom he killed for allegedly cheating on him. Nuwagaba was tracked and arrested over the weekend from his hideout at Rwakimuli cell, Bukinda sub-county, in Rukiga district. He admitted to…
Op-ed ANALYSIS: Is Simbamanyo’s Peter Kamya An Innocent Victim or a Dishonest Businessman Trying to Cheat Equity Bank? Did He Also Lie to Museveni to Arm-twist The Banks?
Last week a letter from President Yoweri Kaguta Museveni directing the Bank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile, to investigate the foreclosing of properties, belonging to Architect Peter Kamya of Simbamanyo Estates Ltd surfaced on social media. In the 3rd September 2021 letter (Reference No. PO/19), titled “Claims Of Illegal Sale Of Simbamanyo House…
Ministry Of Health Urges Elderly To Get Booster Covid-19 Jabs
The Ministry of Health has asked the elderly and those living with other health conditions that compromise immunity to seek booster doses of COVID-19 jabs. This development comes after the country registered a hundred percent increase in cases in the last week. According to test results released on Thursday, the country recorded 710 new cases…
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Tireless President: Museveni Meets Another Group Of Business Moguls From Germany, Discuss Lucrative Investments In Uganda
President Yoweri Museveni has commended Germany for its donation of 5.5million doses of Johnson and Johnson one-dose COVID-19 vaccines and called for support through sharing reagents to enable Uganda produce its own vaccines and avoid vaccine dependency in the future. The President was yesterday speaking during a meeting with a high-powered investors delegation from the…
Billionaire Sudhir Ruparelia Reveals When, to Borrow & When Not, to Start a Business
Many business people ask Ugandan billionaire Sudhir Ruparelia how he made his fortune. It is a question he is accustomed to answering. Sudhir, possibly the country’s most charismatic businessman is the chairman of Ruparelia Group, one of the top taxpayers in Uganda. The businessman who rose from a taxi driver to being listed among Africa’s…
I&M Signs Agreement to Acquire 90% of Orient Bank Uganda
I&M Holdings PLC has issued a cautionary announcement advising its shareholders of a proposed transaction between the bank and Uganda’s Orient bank Limited, which may affect the value of its shares. In the proposed transaction, I&M plans to acquire 90% of the ownership of the Ugandan bank. “Shareholders of I&M Holdings Plc are advised that…
Exposed:How Kasekende’s Blue Eyed Boy Anti-Ego Is The Defacto BoU Governor
Former Bank of Uganda deputy governor Dr . Louis Kasekende, whose tenure was mired with gross abuse of office and allegations of corruption, might have been kicked out of the Central Bank but credible sources within reveal that he still has there Moles. One of Kasekende’s top Moles at BoU, according to our sources in…
Kasekende, City Lawyers in Hot Soup As State House Anti-Corruption Unit Resume Fresh Investigations On The BoU-Crane Bank In Receivership Payment Deal
The State House Anti-Corruption Unit led by Lt. Col. Edith Nakalema has resumed fresh investigations on how Bank Of Uganda under the reign of a former Deputy Governor Dr. Louis Kasekende allegedly swindled over Shs478 billion and among others, how old currency supposed to be destroyed was smuggled out by BoU officials who again returned…
Ungrateful As Dfcu Bank Leaves Dr. Sudhir’s Meera Investments Properties In Sorry State
The Dfcu Bank was on Monday February, 3, 2018 thrown out of Meera Investment Limited Properties – starting with Crane Chambers at Kampala Road something which has made many of it’s clients run to withdraw their money due to fear of what would come next. Trucks carrying dfcu bank belongings including chairs, teller tables among…
