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ANALYSIS: Why Bank Of Uganda’s Appeal In Supreme Court hLHad No cLChance Of Success
Today, the Supreme Court delivered yet another ruling in favour of Sudhir in which it emphasised that the appeal filed before it by Bank of Uganda had no chance of success. This is the fourth application that has been won by Sudhir in the Supreme Court from the time Bank of Uganda appealed the decision…
Scrap Off OTT Due To High Evasion Rate-Akol Tells Govt
Doris Akol, the Uganda Revenue Authority (URA) Commissioner General ,Doris Akol has asked government to amend the law that is governing collection of Over-the-top’ tax commonly known as OTT inorder to reduce the high rates of evasion. Madam Akol made this presentation at Parliament where she was meeting legislators on the Parliamentary Committee on Finance…
Victoria University Announces End Of March-July Semester As Students Start Exams
Uganda’s leading private Victoria University has announced the end of the March-July semester with the kicking off of exams scheduled for Monday 12th July 2021. According to the memo, the University announced that only students who will qualify to sit for all examinations should have fully paid 100% of their tuition and functional fees. “Reference…
26 Drunkards Arrested as Police Raids Labamba Bar
Police in Kampala have arrested 26 revellers and workers who were allegedly found last night partying and drinking at Labamba Bar Annex in Rubaga Division, Kampala City. The raid followed reports that the bar had remained open and continued operating despite the Ministry of Health restrictions announced by President Museveni to contain the spread of…
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Speke Resort: Meetings, Incentives, Conventions & Exhibitions Hub
Revenue streams for hotels and entire hospitality industry is no longer dominated by accommodation and what the kitchen has to offer but rather from a new cash cow – the Meetings, Incentives, Conventions and Exhibitions (MICE) tourism segment. The trend has not spared Uganda where, according to industry insiders, hotels are making a lot of…
Govt, Sudhir Plan Shs140Bn Joint Venture
The government of Uganda and businessman Sudhir Ruparelia are finalising a joint venture blueprint to build a modern Convention Centre at Commonwealth Speke Resort Munyonyo to host the Non-Aligned Movement (NAM) summit later next year. The architectural designs and bill of quantities for the engineering works are still being prepared, but the construction is estimated…
MAY MAYHEM PROMO: Sanyu FM Rewards Ardent Listeners With Amazing Prizes
Uganda’s oldest Radio, 88.2 Sanyu FM in partnership with Roke Telkom, plus other different partners teamed up for the annual May Mayhem promotion in which the radio station rewards its ardent listeners and customers win prizes through the month of May. For this year’s May Mayhem partners included Roke Telecom, Eurofoam Mattresses, Golden Tulip, Salvatore…
Escape The Hectic Schedule of The City This Ramadan For A Refined, Relaxing & Stylish Retreat At Speke Resort
Escape the hectic schedule of the city this Ramadan season to a relaxing break at Speke Resort & Conference Centre and experience uninterrupted and restful nights. Well aware of much you need a peaceful environment to reconnect with your Allah, Speke Resort is offering Ramadan Packages on accommodation this Holy Month of fasting. The down…
Big Story: Equity Bank Sells Simbamanyo House To Tycoon Sudhir After Borrower Defaults On Shs11.5Bn Loan
Kampala mogul Dr. Sudhir Ruparelia is the new landlord of the expansive Simbamanyo House, which is situated on Lumumba Avenue opposite CPS building, after his Meera Company bought the building from Equity Bank. Simbamanyo House originally belonged to city businessman Peter Kamya, who staked it as collateral security to Equity Bank in 2017 for a…
Gen Sabiiti Pledges More Support To Kiira Motors Corporation
Maj Gen Sabiiti Muzeyi,the General Manager Luwero Industries has hosted Kiira Motors Corporation Board of Directors at Luwero Industries Headquarters in Nakasongola. Luwero Industries Ltd is a subsidiary of National Enterprise Corporation-a commercial/business arm of Ministry of Defence and Veteran Affairs/UPDF. Kiira Motors Corporation Board was led by its chairman Prof Tokidri. Kiira Motors Corporation…