Breaking News
NRM MPs To Consult On Proposed Bail Ban For Capital Offences
The ruling National Resistance Movement-NRM Parliamentary Caucus has resolved to carry out a two-weeks consultation on President Yoweri Museveni’s proposed ban of bail for capital offence suspects. Museveni on Tuesday addressed the NRM legislators at Kololo Independence grounds and according to the Government Chief Whip Thomas Tayebwa, they had a candid discussion about the matter…
Parliament Passes Bill Regulating Mobile Money
The Parliament of Uganda has passed the National Payment Systems Bill, 2019, that will among others regulate and provide for the safety and efficiency of payment systems and issuance of electronic money. The Bill presented to the House by State Minister for Finance, Hon. David Bahati on Thursday, 14th November 20l9 seeks to create a…
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…
Opinion: Bobi Wine Should Apologise To ADF Victims-Nyesiga
It’s surprising that a man who is trying to gain support and lead this country can call Mukulu a political prisoner knowing the heinous crimes ADF under his leadership has committed against Ugandans and continues to commit against the people of DRC. The National Unity Platform (NUP) president Robert Kyagulanyi, aka Bobi Wine, has come…
News
Mogul Sudhir Ruparelia Again Tops List Of 10 Richest Billionaires In Uganda-Report
The market value of all the stakes owned by the 10 richest investors in companies listed on the Uganda stock exchange is 518.5 million. This represents just about 0.30 per cent of the market’s 56.1-billion valuation, as institutional investors and parent companies of listed entities control a huge chunk of the market. Based on figures…
Business Magnate Hamis Kiggundu Opens Market For Newly Furnished ICT Corporate Smart Homes At Ham Palm Villas
City businessman Hamis Kiggundu, the proprietor of Ham Enterprises Uganda Limited and Kiham Enterprises Uganda Limited among other businesses; has opened the market for his newly furnished Ham Palm Villas ICT corporate smart homes. These one of a kind corporate smart homes, both finished and organized customizable corporate smart homes with house plans are located…
Minister Nankabirwa Blocked From Presenting Report On Performance Of Irksome UMEME
A section of Members of Parliament have blocked Energy Minister Ruth Nankabirwa from presenting a statement on the performance of Uganda’s tireless and biggest power distributer UMEME, insisting that it would be a wasted effort because the House already recommended termination of the contract with the power distribution company. Nankabirwa was on Tuesday afternoon scheduled…
‘Understanding Covid-19 Hardship’-UMEME, ERA Cut Tariffs For Commercial Customers
Uganda’s leading power distributor has announced that Commercial and medium customers will starting January enjoy a slightly reduced power tariff after Electricity Regulatory Authority (ERA) cut the cost while maintaining prices for other customer categories three times in a row. The base end user tariffs valid for the first three months of 2021 are indicating…
Bullets, Teargas As Police Disperse Protesting BodaBoda Riders
Police has used teargas and live bullets to disperse hundreds of Boda-boda operators from Bombo road and Lumumba Avenue on Tuesday February 18, 2020 afternoon protesting endless police arrests and eviction from their stages in Kampala. The demonstration followed a recent operation conducted by jointly the KCCA enforcements and police to crackdown on Boda-boda riders…
Is Ugandan Gov’t Being Unfair To Local Companies Intending To Grow Medical Cannabis?
The growing of marijuana for medicinal use has attained legal status in many countries across the world including Africa where global pharmaceutical companies regard as the new frontier for growing the herb. In Uganda, local and international companies have expressed interest in growing the herb on a commercial scale to meet the demand in Europe,…
