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Big Story: High Court Stays Execution Of Recent Commercial Court Ruling Of Ham-DTB Case

The Kampala High Court has temporarily blocked the execution of the recent ruling against Diamond Trust Bank by the court’s commercial division. The Commercial court Judge, Henry Peter Adonyo had ruled last week that DTB Kenya (DTBK) acted illegally in lending money to Ham Enterprises owned by businessman Hamis Kiggundu, through Diamond Trust Bank Uganda.…

Kawempe North MP-elect Mohammed Ssegirinya Rushed To Nairobi For Better Treatment

Kawempe North Member of Parliament-elect Mohammed Ssegirinya alias Mr Update has been rushed to Kenya’s capital city, Nairobi, for further treatment. Ssegirinya had been initially admitted at the Doctors hospital in Sseguku with ear and abdominal complications following his release from Kitalya prison on a cash bail of shs. 3 million. This website now understands…

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MPs Task Govt To Intervene In Skyrocketing Fuel Prices

Members of Parliament (MPs) have asked government to intervene in the skyrocketing fuel prices, saying businesses are starting to crumble due to the high transport costs. The MPs who addressed journalists on Monday, 29 November 2021 in the Members’ Lounge at Parliament say that whereas fuel prices have been increasing for months, government has remained…

UPDF Recalls Lt.Col.Matsiko From URA

After Commissioner of Domestic Tax at Uganda Revenue Authority (URA), Dickson Kateshumbwa resigning on Friday, May 29. The latest information thecapitaltimes has established is that the Head of security at URA Lt.Col Ezekiel Matsiko is set to leave the tax organ back to UPDF for a refresher course. This comes after President Yoweri Kaguta Museveni…

Deal Gone Bad! Ugandan Man Arrested For Defrauding Over Shs500 Million In Fake Gold Transactions

The Criminal Investigations Directorate-CID headquarters detectives have in detention a one Odaka Jimmy-alias Governor aged 28, for defrauding people over 500 Million through fake Gold transactions. The suspect who is a resident of Mirumu Town Council in Abim District was arrested on Feb 08, 2021, from a hideout in Soroti According to police, the arrest…

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