Breaking News
CEO BAMUTURAKI: I am Qualified Enough To Run Uganda Airlines
The Chief Executive Officer (CEO) of Uganda Airlines, Jenifer Bamuturaki has said she is qualified and experienced to run the airline. Bamuturaki was appearing before the Committee on Commissions Statutory Authorities (COSASE) chaired by Nakawa West Member of Parliament, Joel Ssenyonyi on Wednesday, 17 August 2022. She was accompanied by other officials from the airline…
Tough Times For Ugandans As Central Bank Moves To Restrict Money In Circulation
On July 6, Bank of Uganda held an emergency monetary policy committee meeting and decided to increase the central bank rate (CBR) by one percentage point to 8.5%, the highest since the country got hit by COVID-19. The Bank had in June this year raised the rate by a percentage point. Previously, the Bank had…
She’s Not Our Patient! Hospital Denies Admitting EOC Boss, Sylvia Ntambi Who Dodged Court After Forged Sickness
New details regarding Ms Sylvia Muwebwa Ntambi, the embattled chairperson of the Equal Opportunities Commission (EOC), indicate that she is not admitted as per the documents submitted to the court. This website’s investigations show that Ntambi feigned sickness to evade court, where she was expected to appear on Wednesday to respond to corruption charges. Ntambi…
Fuel Crisis: Kenya Deports Rubis CEO Jean Bergeron Over ‘Economic Sabotage’
The government of Kenya Wednesday signed deportation papers for Rubis Energie Kenya Managing Director Jean-Christian Bergeron as it fought back against oil marketers it accused of abetting a petroleum crisis through hoarding and higher exports despite shortages in their domestic retail outlets. High-ranking government sources told the Nation that the MD is accused of economic…
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Italian Embassy Trade Advisor, Indian Association Uganda Business Forum Discuss Economic Bilateral Trade Ties
Mr. Zephline Muhangi the Italian Trade Promotion Advisor based in Uganda has attended an official meeting with the Leaders of the Indian Business Forum in Uganda at one of the business forum members’ hotel in Kampala. The leaders who attended the meeting which took place on March 28, 2022 include; Mr. Rajesh Kumar of Oxygas…
Looking For Pleasure Accommodation Within City? Speke Apartments Kitante Is The Answer
Ruparelia Group’s Speke Apartments Kitante have for the couple of years been ranked as accommodation hotspot that defines the new face of luxury and decadence in the apartments world. With stunning living-rooms, arresting furniture fitted with soft padded upholstery, high quality fixtures, furnishing, appliances, Speke apartments are in various categories as summarized below; 1. One…
BOU-SUDHIR CASE: It Is Supreme Court To Determine Costs As Withdrawal Isn’t Dismissal
It is the Supreme Court that will determine the costs to be paid to city businessman Sudhir Ruparelia by Bank of Uganda (BOU) in the long-running legal battle between the tycoon and his Meera Investments Ltd and the central bank, resulting from the closure of Crane Bank Ltd. Both the High Court and the Court…
BoU Warns Against Cyber Fraud As NSSF Launches Smart Card
The Bank of Uganda has tasked the National Social Security Fund-NSSF to ensure there are no cases of cyber fraud as the fund launches a three-in-one social security smart card. With the card, the fund’s qualified members will be able to directly withdraw their NSSF savings, deposit and withdraw money from their bank accounts, pay…
Kampala Salt Set To Oust Imported Pearl, Habari Out Of Ugandan Market
A local company named Kampala Salt will start making salt when its manufacturing plant being developed in Lugazi Town, Buikwe District is completed, Evelyn Anite, the State Minister of Finance for Investment and Privatization, said in a statement. The minister said the initiative will help “boost local production” as well as “significantly” reduce the import…
Curbing Youth Unemployment: Ruparelia Group’s Premier Recruitment Opens First Regional Branch In Mbarara
In a bid to curb unemployment in the country, Premier Recruitment Ltd, a subsidiary of Ruparelia Group of Companies has opened their first regional branch in Mbarara – Western Uganda. Amon Baita the Company’s Marketing, Public Relations and Activations Manager, told this website that the regional office located along Kakoba round about in Kakoba division…
