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Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural Resources are probing allegations of mismanagement and corruption at Uganda Electricity Transmission Company Ltd (UETCL). While interfacing with the board members of UETCL on Thursday, 17 March 2022, the Committee Chairperson, Hon. Emmanuel Otaala expressed concern about the mismanagement of the company resulting from a…

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials at the Uganda Bureau of Statistics (Ubos) over alleged fraud of more than Shs2b spent in ghost activities. By presstime, Dr Chris Mukiza, the Ubos executive director, had declined to discuss the matter, referring all inquiries to the Ombudsman. However, Sources privy to the investigations…

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back in 2001 (20 years ago in May 2021), Rt. Hon. Rebecca Alitwala Kadaga has created one of the most secretive but powerful political hegemony within the NRM environs in modern Uganda’s Political history. It’s hard to tell how much the legendary Woman Member of Parliament…

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military siege of opposition leader Robert Kyagulanyi’s home and release him and his wife Barbara Itungo Amnesty International said as the post-election blockade entered its 7th day. Robert Kyagulanyi, also known as Bobi Wine was declared runner-up by the Electoral Commission in last week’s presidential election,…

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President Yoweri Museveni’s fight against corruption, then it is the City Hall based Kampala Capital City Authority (KCCA), because investigators indicate that officials there are involved in gross abuse of government funds and tax payers’ money. This is because officials at KCCA not only embezzled funds…

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon. Paul Akamba an Independent legislator representing Busiki County, in Namutumba District wrote to the Speaker of Parliament Rt. Hon. Rebecca Kadaga disowning his own signature as a seconder of a motion that was to be moved on the floor of Parliament on Tuesday 26th May…

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the Capital Times Investigative Unit In part 3 of the Energy Mafias series, we analyse what some would believe is the biggest conspiracy under the NRM Government by bringing to you the modus operandi of the invisible cartel commandeered by former PS Kabagambe Kallisa and has also…

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification Agency (REA) have FINALLY been interdicted with immediate effect on orders from the President, His Excellency General Yoweri K. Museveni through the Energy Minister, Hon. Dr. Mary Goretti Kituttu (PhD). According our reliable sources, the President has been frustrated by the Minister and her Permanent…

USA Cuts Aid To Uganda Govt Officials

The US Embassy in Uganda has announced a blackout on per diem allowances to Ugandan government officials who attend events it has organized or US agencies. In a November 12 letter to the Prime Minister Ruhakana Rugunda, Deborah Malac, the US Ambassador to Uganda, said starting January 2020 the Uganda government should ensure that it…

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Uganda To Be Blacklisted Over Money Laundering

Uganda’s financial industry risks being blacklisted by international systems for failure to put in place measures that can effectively prevent financial crimes like money laundering. This is a requirement by the Financial Action Task Force (FATF), a global inter-governmental organisation on the initiative of the G7countries to develop policies to combat money laundering and terrorism…

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.…

EXCLUSIVE: How Embattled DFCU bank is being haunted by ghosts of defunct Crane Bank as number of Shareholders continues to drop

When DFCU Bank 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 boosted its profitability in 2017 following the acquisition with net profit nearly tripling to Shs127 billion, up from…

Uganda Airlines To Acquire A220s/E2s Jets

Uganda Airlines is planning to acquire its first narrow-body jets, interim chief executive Jenifer Bamuturaki has disclosed. The state-owned airline currently operates four two A330-800s and four CRJ900s, the ch-aviation fleets advanced module shows, on flights that connect its Entebbe/Kampala base with Burundi, Tanzania, South Sudan, Kenya, the DRC, and Somalia regionally as well as South Africa and the United Arab Emirates…

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