Breaking News
New Kcca Ed Dorothy Kisaka Outlines 7-point Programme For Kampala City
The new Kampala Capital City Authority (KCCA) Executive Director Dorothy Kisaka has issued a 7-point programme to improve and unite the city. Kisaka made remarks after taking charge of KCCA on Thursday July, 30, 2020. “We will promote a culture that says ‘we are bigger than the differences that divide us’. The people of Kampala…
Foreign Capital & Taxation As A Matter Of National Interest
There is a general presumption and saying that capital has no home but within realistic parameters the home of capital is its place of origin because it always goes back with its profits or returns on investments. Capital holds much more value in countries like Uganda where fixed deposits have monthly interest returns of up…
WHO: Deadly Covid-19 Delta Variant So Far Detected In 96 Countries
The Delta COVID-19 variant, first identified in India, has already been detected in 96 countries, 11 more than last week, the World Health Organization (WHO) said in its weekly epidemiological update on Wednesday. The Delta variant, also referred to as a “double mutant” because it carries two mutations, is 55 percent more transmissible than the…
Uganda Airlines Granted Landing Rights In China
Uganda Airlines has been granted landing rights in China. According to Shakila Rahim Lamar, the Corporate Affairs Manager at Uganda Airlines, the national carrier has been given an early morning landing slot at Guangzhou Baiyun International Airport, a major airport in Guangzhou, Guangdong province, in Southern China. Speaking to this website on Saturday, Shakila said…
News
COVID-19 Crisis: East Africa’s Richest Tycoon Dr. Sudhir Gives Advice On Entrepreneurial Ethics and How To Save The Economy
By: Dr. Sudhir Ruparelia Kampala: We are entering into recession period globally and the exception is likely to be India and China with ~2% GDP growth in 2020 which is way below ~5 – 8% in the past several years. For the benefit of all, I am sharing my perspective on such scenario on few…
Business Magnate Hamis Kiggundu Opens Market For Newly Furnished ICT Corporate Smart Homes At Ham Palm Villas
City businessman Hamis Kiggundu, the proprietor of Ham Enterprises Uganda Limited and Kiham Enterprises Uganda Limited among other businesses; has opened the market for his newly furnished Ham Palm Villas ICT corporate smart homes. These one of a kind corporate smart homes, both finished and organized customizable corporate smart homes with house plans are located…
Singer Mathias Walukagga Releases New Song Cursing Avarice BoU Officials, Applauds Dr. Sudhir For The Resilience
The Kadongokaku celebrated Singer turned Politician Mathias Mulumba Walukaga has dropped a new hit bang titled “Akanyomonyomo”. In his latest song, bitter Walukaga has warned against impunity and complacency where he stung bosses at the Central Bank Of Uganda, it’s advisors and lawyers for not learning from their past experiences and mistakes. The musician also…
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…
Ruparelia Group Unveils Charming Tagore Living Condos For Sale!
Ruparelia Group of Companies the biggest landlord in Kampala’s central business district has for the first time put up the property for sale. The property magnate under Meera investments has unveiled that Tagore Living apartments, the Group’s first built-to-sell residential condominium project located along Kira Road will be sold under the Co-ownership Act. The building…
Peter Kamya Loses Case Against Sudhir Ruparelia, Equity Bank As Court Dismisses His Application To Stop Transfer Of Simbamanyo Building
The Commercial Court has dismissed an application by city architect Peter Kamya in which he sought a temporary injunction stopping the sale or transfer of his property Simbamanyo house on Lumumba Avenue and Afrique Suites Hotel in Kampala. On October 8, 2020, Equity Bank sold Afrique Suites Hotel on Mutungo Hill to Luwaluwa at $4,350,000…
