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Roke Telecom Partners With Sanyu FM To Reward Listeners In ‘MAY MAYHEM’ Promo
Roke Telkom has joined Sanyu FM’s annual May Mayhem promotion, to reward its customers and the radio’s ardent listeners. Throughout May, Roke Telkom will give Sanyu FM listeners a chance to win prizes within every hour, through a set of competitions. Prizes to be won include; Monthly data top-ups for existing customers, Home connections to…
Staggering BoU Exposed For Raising CBR, Banks Told To Cut Interest Rates
The State Minister for industry, David Bahati is not happy that commercial banks in the country continue to raise their prime lending rates blaming it on the ‘rising’ inflation, which he said, is just one of unjustifiable excuses they are using to deny Ugandans credit. “Commercial banks are having a lot of excuses. The excuses…
‘Go & Rot In Jail’- Judge Convicts Seven After Pleading Guilty to Terrorism, Supporting ADF
The International Crimes Division of the High Court has found seven out of the twelve people who were arrested for terrorism shortly after the murder of former Buyende District Police Commander, Muhammad Kirumira, guilty. Jamil Muwonge, Ibrahim Kavuma, Uthman Mugoya, Luutu Kimuli, Juma Swabalu Sekiti, Daniel Kaaya, and Ismail Ssewanyana have been on remand for…
Nathan Mubiru: Naive Katonga Left Counting Cost Of A Consultative Process That Has Become A Very Expensive Mistake
In its own way, Katonga’s failure under Elias Lukwago ranks as one of the country’s worst-ever political abortions, writes Nathan Kikku Mubiru, and leaves serious questions at every level of the faction. Some predictions don’t stand the test of time. It is a little under a year since Wasswa Birigwa declared it was Elias Lukwago’s destiny to…
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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,…
Exposed: Dfcu Bank Under Fire For Hiding Covid-19 Positive Numbers Among Staff
Struggling Dfcu bank has again come under fire for allegedly hiding corona numbers among its staffs at various branches in Kampala. Sources within Dfcu have disclosed that the bank has registered multiple undisclosed cases in the branches of Kampala Road branch, former crane chambers where three are sick so far, Ntinda capital shoppers branch where…
Finance Minister, AG Defend Controversial Coffee Deal
The Attorney General Kiwanuka Kiroywa and Finance Minister Matia Kasaija have defended the controversial coffee contract between the Government and the Italian investor that has ruffled feathers since last month. While appearing before the parliamentary committee on Trade, Tourism and Industry chaired by Mbarara city south MP Mwine Mpaka on Wednesday, 27 April 2022, the…
Crane Bank Shareholders On Cloud9 Again Over UK Court Ruling, Vow To Milk Billions From DFCU Bank Over ‘Fraudulent’ Takeover, Disturbing Their Peace!
Crane Bank and its shareholders are on cloud nine following a Wednesday ruling where the Court of Appeal from the High Court of Justice, Business and Property Courts in England, overturned the lower court’s decision, which had exonerated DFCU bank and its shareholders from accusations of fraudulently taking over Crane Bank. In a statement inked…
Parliament Okays Complicated Mid-term Access To NSSF Savings
The Parliamentary committees of Finance, Gender and Labour have okayed mid-term access to NSSF Savings. The money is however for only those who have saved for more than 15yrs and are below the age of 45yrs. Those between 45 and 55 should have saved for over 10 years to benefit. This came a day after…