Breaking News
Ex-Sudan President Omar al-Bashir Sentenced To Two Years In Jail For Corruption
Omar Al Bashir, the former president of Sudan, has been sentenced to two years in detention after being found guilty of corruption, receiving illegal gifts and possessing foreign currency. Bashir has been in prison in Khartoum since being forced from power in April when security forces withdrew their support for his repressive regime after months…
Arsenal’s Complete Lack Of Discipline Continues To Complicate Arteta’s Rebuild
Mikel Arteta is still searching for a route out of Arsenal’s malaise but keeping 11 men on the pitch might be a good place to start. As Gabriel jogged off, after being shown a second yellow card in the 62nd minute, midfielder Dani Ceballos turned to the assistant referee and shouted in anger: “Every game the…
Grief As Family Of Five Drown In Lake Bunyonyi
Police is Investigating circumstances where Five more people have drowned in Lake Bunyonyi, barely a week after three people drowned in the same lake. Mr. Elly Matte the Kigezi region police spokesman identified the deceased as Grolia Tuhimbise, her children, Shanitah Ruhangariyo 1 and half years and Sandra Kyokusiima, 10 months, all residents of Karambo…
Another Rubaga Bodaboda Killer Arrested
Police’s Flying Squad has arrested the second suspect in the brutal murder of Derrick Mulindwa a bodaboda cyclist who was murdered by two men who had hired him to take them to Kakyeka Mengo in Lubaga Division in Kampala on June 30. The man only known as Young Mulo (not the singer) was arrested from…
News
Gov’t Finally Transfers Its Shares In Munyonyo Commonwealth Resort To UDC
According to a couple of letters seen by this website, the Ministry of Finance, Planning and Economic Development (MoFPED) finally came to a conclusion of transferring government’s 25% shares held in the Commonwealth Resort, Munyonyo to Uganda Development Corporation (UDC). For our first time readers, the Government, through MoFPED, holds 25 percent of the shares…
Gov’t Urged To Scrutinize External Recruitment Agencies Amid Rising Cases Of Rights Violation
Ambassador Abbey Walusimbi, the Senior Presidential Advisor on Diaspora Affairs, has said government is fully concerned over the increasing cases of human rights violations against Ugandan migrant workers. Amb. Walusimbi made the call while speaking to over 100 recruitment companies that attended a three-day retreat organized by the Uganda Association of External Recruitment Agencies (UAERA)…
Big Storm: How DFCU Bank Was Dragged Down By Crane Purchase As Other Banks Report Stellar Profits
While Uganda’s banking sector recorded strong financial results for 2021, the Development Finance Company of Uganda (DFCU) Bank continues to reel from its acquisition of Crane Bank in 2017 and the fallout from the Covid-19 pandemic. The third-largest domestic bank in Uganda in terms of assets recorded a 46% drop in profit to USh9.3bn ($2.6m)…
Speke Resort, Common Wealth Resort Hotel Munyonyo Offer Clients With Unbeatable Rates This Eid-El-Adha
The management of Speke Resort in Munyonyo and Commonwealth Resort Hotel Munyonyo have yet again announced slashed and exciting juicy and great offers to its customers on this Eid-El-Adha According to the promo dubbed ‘Eid-El-Adha Package’ Speke Resort Munyonyo and Commonwealth Resort Hotel Munyonyo are offering attractive rates for single rooms, Double Suites, entire apartments…
New Twist: Uganda Bankers Association Joins DTB To Appeal Court’s Ruling In Favour Of Ham Enterprises
Uganda Bankers’ Association (UBA), an umbrella organization for financial institutions licensed and supervised by Bank of Uganda is to join Diamond Trust Bank (DTB) in appealing against court’s ruling in the loans case against Ham Enterprises Ltd, owned by businessman Hamis Kiggundu. Commercial Court head Justice Henry Peter Adonyo on Wednesday ruled that the credit…
Govt To Raise Taxes On Cars,Internet,Minerals In 2021-22 Budget
Finance Minister, Hon. Matia Kasaija, has tabled proposals for the new tax laws, which will see motor vehicle owners part with an annual license fee paid by 31st of January. The Traffic and Road Safety Act (Amendment) Bill, 2021 seeks to impose, under clause 14.A, a license to permit ownership of “a motor vehicle, trailer…