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Oulanyah Courts For Faster Integration Of East Africa Community
The Speaker of Parliament, Jacob Oulanyah has called on legislators to work towards faster integration of the East Africa Community. Oulanyah who was launching the Parliamentary Forum on East African Affairs on Thursday, 23 September 2021 said that MPs need to employ all necessary means to support the EAC. “The history of the Community is…
Canada Confiscates Tanzania’s Aeroplane Over Debt
An aeroplane being delivered to Tanzania’s national airline has been impounded in Canada over a Namibian-born farmer’s $33-million compensation claim, Tanzania’s foreign minister said Saturday. The DHC Dash 8-400 aircraft, a turboprop also known as the Bombardier Q400 which seats up to 90 people, is the second to be seized in connection with case. In…
Gov’t Scraps Covid-19 Vaccination Campaign In Schools
The Ministries of Education and Health have scrapped plans of vaccinating learners against COVID-19 in school. Over 16 million learners aged 5 to 17 years were supposed to get vaccinated against COVID-19. Previously, the ministries had planned to roll out mass vaccination campaigns in schools between May and June. However, weeks after the campaign was…
Why Kampala Parents School Leads In Offering World-class Education In Uganda
Kampala Parents’ School – a leading private-mixed day and boarding primary school by far remains a preferred hub for world-class education in Kampala and country all-over. KPS, an international curriculum-based school that also follows a local curriculum situated along the Lugogo by-pass and has an enrollment of over 2500 pupils with 118 well-trained teachers and…
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URA Speaks Out On Massive Resignation At The Authority
The tax body, Uganda Revenue Authority (URA) has said that four senior officials resigned from the tax collection agency after a motion by a May 28 meeting of the Board of Directors who recommended “the reorganization” of the “management of the Authority.” On Saturday, Commissioner Domestic Taxes Dickson Kateshumbwa, Commissioner for Tax investigations Henry Saka,…
MS MARGARET KAGGWA KASULE UNDER FIRE: Here Is Why Bank of Uganda Legal Boss Must Be Held Responsible For The Court Gamble
The landmark victory for billionaire Sudhir Ruparelia against Bank of Uganda in the battle for the ‘Crane Bank’ was expected. The ruling however left many asking who was advising the Bank of Uganda on legal matters. This follows the assessment of several accountability and legal agencies in the country including the Auditor General’s office and…
Explosive! Defunct Crane Bank Ghost Haunts Troubled Dfcu Again As 2021 Provisions Continue To Eat Away Shareholder Value
When Dfcu controversially bought Crane Bank Limited (CBL) in January 2017, it immediately became one of the most profitable banks in Uganda as the former owners of CBL cried for the loss of their bank. Dfcu’s Crane bank acquisition boosted its profitability in 2017 with net profit nearly tripling to Shs127 billion, up from Shs46.…
Tycoon Sudhir’s New Kabira Country Club 350 Apartments Redefines Bukoto Skylines
The extension of Kabira Country owned by city tycoon Sudhir Rupaleria has redefined the skylines around Bukoto-Ntinda areas with the new leisure facility imposing a magnificent image in the area. The leisure facility, once complete, will be East Africa’s biggest leisure hotel with more rooms than any other facility. According to sources, City business magnet…
“The future i see is people will have upcountry homes and only do apartments in cities” – Sudhir Advises Youth To Go Into Real Estate Business
Billionaire and Chairman Ruparelia Group of Companies, Sudhir Ruparelia has advised Ugandans to put their money in the real estate business because it’s one of the few businesses that can endure storms of Uganda’s economy. In an exclusive interview with this website, the real estate mogul told Ugandans not to take the Real Estate business…
Exclusive Opinion On Ham Vs DTB Court Case Judgements
By Daniel Hasabubwenje “This case will make people lose confidence in the judicial system where they will now resort to jungle law to resolve disputes. This will increase socio-economic insecurity due to the absence of the rule of law. The Bankers actions will frustrate Uganda’s efforts to attain Middle-income status which must be supported by…
