Breaking News
Malema Congratulates Ruto, Asks Raila To Concede Defeat
Leader of South Africa’s Economic Freedom Fighters party Julius Malema has yet again asked Azimio presidential candidate Raila Odinga to concede defeat. He has told the ODM leader not to go down in history as one who was desperate for power. Raila has unsuccessfully contested for the presidency five times. “Mr. Odinga must humble himself and…
Vomit It! High Court Orders MPs To Return The Controversial Shs 20m
High court judge Micheal Elubu has ordered Members of Parliament to return the contentious Shs10 billion they allocated themselves to reportedly help in the fight against the Covid-19 pandemic in their respective constituencies. The order follows a consensus reached in court this afternoon by the parliamentary commission, Attorney General and Ntungamo Municipality MP Gerald Karuhanga…
PM Nabbanja Tasks MAAIF Officials To Plan For Farmers
Prime minister Rt Hon Robinah Nabbanja has requested ministry of agriculture,animal industry and fisheries official to plan for Ugandan farmers to go for commercialised farming. Below is PM statement: I am pleased to join you at the closing of this important retreat where you have been addressing the key subject of…
UCC Hauled to Court Over Online Media Registration
The Uganda Communications Commission (UCC) has been dragged to court over its recent directive to have all online media registered by 5th October 2020. UCC recently asked all persons engaged in the provision of data online to regularise their operations by obtaining authorization from them (UCC) by 5th October this year. However, in his suit…
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Bank Of Uganda, Diamond Trust Bank In Great Trouble For Shielding An Illegality
Officials of Bank of Uganda and Diamond Trust Bank have landed in trouble after investigators in the Ham Vs Diamond Trust Bank discovered that they allegedly conspired to shield an illegality. It should be noted that on January 27th 2021, the first reading of the Ham Vs DTB case Appeal in which DTB is challenging…
OP-ED: Uganda Should Celebrate Sudhir’s Victory Against BoU & Reopen Crane Bank In Partnership With Govt
By Dr Okodan Akwap Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as the upcoming Non-Aligned Movement summit. But government can do something even better – partnering with Sudhir to reopen Crane Bank, which was closed by the Bank of Uganda (BoU)…
Gen. Museveni Orders Allocation Of 15 Acres To Investor For Hospital Construction
President Yoweri Museveni has directed Frank Tumwebaze, the Minister for Agriculture to allocate Turkish firm Beyler Group, 15 acres of land in Entebbe for the construction of a hospital. In his June 20th letter to Tumwebaze, Museveni says the Turkish Investment Group has committed to building a modern private hospital in Uganda. “They intended to…
EXCLUSIVE: How Tycoon Sudhir Ruparelia’s Meera Investments Is Giving Other Construction Agencies Sleepless Nights
If you thought there is any sphere of influence in this town into which Dr. Sudhir Ruparelia (arguably richest man in Uganda) doesn’t intent to dominate, just read this. Already a dominant force with a compelling presence in provision of education, leisure & hospitality, real estate, medical, labor externalization, agriculture and media services, the Ruparelia Group has newly incorporated…
Seruga Titus: BoU Injects Shs 475Bn In Crane Bank For Three Months But Fails To Account For It
By Seruga Titus One would assume that at the time of closure Crane Bank had cash in all its branches, Crane Bank had cash in safes, and money at the Central Bank, what happened to this money? Did it all go to BoU officials as goodwill, under normal circumstances an audit should have been done…
Breaking! Tanzania Blocks Entry Of Kenyan Truck Drivers
Tension is rising at the Taveta-Holili border after Tanzania blocked Kenyan drivers from crossing into the neighboring country amid Covid-19 measures row. A Report by Citizen TV in Kenya on Sunday morning, showed that Tanzania blocked entry of Kenyan Cargo trucks at Taveta – Holili border causing heavy traffic as truck drivers remained stranded without…
