Breaking News
COSASE: Keith Muhakanizi Distances Self From Shs10.6 Billion Land Compensation Funds
Former Secretary to the Treasury (PSST), Keith Muhakanizi has distanced himself from the processes that saw the disbursement of supplementary funds by the Finance Ministry for land compensations. Muhakanizi said that he was on sick leave during the process of the payments adding that his deputy, Patrick Ocailap was in charge at the time. He…
Victoria University To Host Business Mogul Maggie Kigozi To Tip Ugandans On Business & Failure Of Family Businesses
It is believed that family businesses account for 80% of companies globally but despite this milestone, according to researchers, only 30% survive to the second generation, 12% transit into the third generation and only 3% reach the fourth generation. This means that while many families start businesses, they quickly die once the proprietor dies. This…
Health Ministry Unveils Modern Maternity Ward At Butenga HC1V To Serve Eastern Uganda Districts
The Ministry of Health Permanent Secretary, Dr. Diana Atwine, has commissioned a refurbished maternity ward with digital X-rays, emergency equipment, and supplies aimed at easing service delivery at Butenga Health Center IV in Bukomansimbi District. Dr. Atwine commissioned the HCIV on September 12, 2023, which was constructed by the Korea Foundation for International Healthcare (KOFIH).…
Being Single Is Now A Disability – World Health Organization
It’s not official yet, but acording to sources, the World Health Organization is set to change its definition of disabilities to classify people without a sexual partner as “infertile.” So all you singletons out there, you may soon have a disability. The new classifications would allow all single men and women to have the same rights as couples when…
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Nakawa-Naguru Land Probe: Committee Chairperson Kimosho Warns To Arrest Fellow Mps Soliciting Bribes From Beneficiaries, Witnesses
The chairperson of the Adhoc Committee inquiring into all issues regarding the highly contested Nakawa-Naguru estate, Hon. Dan Kimosho has warned that any of his members found soliciting bribes from beneficiaries and witnesses will be arrested. Without naming specific members or any individual, Mr Kimosho indicated that ‘some people’ had been approaching some of the…
Uganda Airlines Resumes Dubai Flights
Uganda’s national carrier— the Uganda airlines will resume its flights to Dubai on Saturday, January 8, after United Arab Emirates lifted a ban on direct passenger services into the Middle East country. Uganda Airline announced Friday that it will resume its flights which will now be four times a week on Monday, Wednesday, Friday and…
Trouble Looms! Tycoon Sudhir Sues Embattled BoU Legal Counsel Margaret Kasule Over Contempt Of Court
In the wake of events surrounding the Supreme Court decision to nullify the liquidation of Crane Bank Limited, Businessman Sudhir Ruparelia has through his legal team led by Kampala Associated Advocates sued the head of Bank of Uganda’s (BOU) Legal department Margaret Kaggwa Kasule for contempt of Court. According to Sudhir, Kasule has on many…
Panic As Dfcu Top Management Ploy To Involve Museveni In Internal Quandary
It has emerged that Dfcu bank shareholders plan to approach President Yoweri Museveni on their fact-finding travel to Uganda causing panic to DFCU Top Management. According to an insider, the meeting with President Museveni will trigger an investigation into DFCU troubles that are believed to have caused millions of losses to the Bank. DFCU in…
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…
Tit For Tat! MTN At Verge Of Losing Over Shs 400Bn For Throwing Daj Communications Out Of Business
Fort Portal Municipality MP Alex Ruhunda Akiiki has expressed his disappointments and irregularities in how he lost his MTN dealership, millions of cash, reputation, properties to commercial banks, plus sinking his firm in some parts of western Uganda to controversial veteran journalist cum CEO of the Independent Magazine Andrew Mujuni Mwenda and his sister who…