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How Tycoon Ham Kiggundu Is Venturing Into Real Estate & Large Scale Agriculture As A Value Addition In Uganda’s Agricultural Sector
City businessman Hamis Kiggundu popularly known as Ham, who owns several commercial buildings within Kampala, has diversified into real estate projects and large-scale agriculture combined with agro-processing which are expected to spearhead value addition in Uganda’s agricultural sector. Besides building Nakivubo Memorial Stadium, we have established that Ham is currently on a roll-out of two…
EU Calls For Fresh Ideas To Revive Uganda’s Tourism Sector
The European Union (EU) Ambassadors to Uganda have appealed to government to consider having in place a comprehensive master plan that will ensure the resuscitation of the country’s tourism sector. Tourism together with others sectors in the country have been hit by the Coronavirus (COVID-19) pandemic. The sector came to a standstill in March after…
How Custodian Board Boss Was Caught Redhanded Destroying Evidence Documents
The Executive Secretary of the Departed Asians Property Custodian Board (DAPCB) George William Bizibu was caught destroying crucial documents, allegedly, concerning some of the board’s illegal dealings. According to Sources, he was assisted by Ms Irene Apio Julu, one of the long serving secretaries at DAPCB, who was arrested on Tuesday, and police have embarked…
MPs Task Govt On Equal Distribution Of Technical Institutions
Members of Parliament have tasked the Uganda Business and Technical Examinations Board (UBTEB) to ensure equal distribution of technical institutes around the country. Busia Municipality MP, Hon Godfrey Macho questioned why majority of oil and gas technical institutes are in Western Uganda. “The Board should advise the Ministry of Education to spread oil and gas…
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BoU Confirms: Former Treasury Boss ‘Kasedde’ Was Arrested Over Theft
The Central Bank has confirmed that Dr. Charles Kasedde a former head of treasury at Bank of Uganda Mbale was fired due to theft. The confirmation comes a day after our Story reporting of how Kasedde was arrested and is being probed by the Directorate of Criminal Investigation and Crime Intelligence (CID) Kireka. As noted…
Exposed! BoU’s Plot To Forge Crane Bank Sale Minutes Flops As Evidence Pin How Bank Was Sold On Phone
Bitter and shocking revelations are still striking and ashaming the Image of the Central Bank of Uganda (BoU). Latest from credible inside sources revealed to us that Bou sold Crane Bank (CBL) and others like Global Trust Bank (GTB) without holding a board meeting and therefore, there were no minutes upon which the transactions were…
Don’t Miss A Taste Of Mongolia’s Healthy Foods At Kabira Country Club Every Friday
Ugandans are people who love to adventure especially with things that bring excitement and satisfaction in their lives. And when it comes to food, Ugandans are not hesitant to spend on exotic cuisines. Ugandan restaurants and hotels have exposed Ugandans to food from other parts of the world like Asia. It is therefore not surprising…
Gaddafi National Mosque Out of Properties For Sale – Bailiffs
The Uganda Muslim Supreme Council (UMSC) property atop Old Kampala Hill including Gaddafi National Mosque, previously on the brink of an auction due to debt exceeding sh18 billion owed to businessman Justus Kyabahwa, has been excluded from the list of assets set for sale. Louiza Auctioneers and Court Bailiffs conveyed, in a document addressed to…
‘Start Small & Work Hard. Don’t Borrow For Real Estate Development Until You Have Four Properties’ – Dr Sudhir
Property Mogul Dr Sudhir Ruparelia has shared from his wealth of experience in real estate development, advising potential developers not to rush into borrowing until they are able to finance their loans. Sudhir made remarks earlier this morning while appearing on Uganda Revenue Authority’s e-Bomba Business Summit as one of the key note speakers on…
‘They Should Be Put On Cross For Agonizing a Stable Institution’- Panic As London Court Calls For Prosecution of Corrupt BoU Officials Who Conspired With Struggling DFCU To ‘Steal’ Crane Bank
3 revered judges of the Court of Appeal in London are astonished that a group of dubious, corrupt and deceitful officials from the Bank of Uganda who designed a plan to steal and sell off Crane Bank Limited (CBL) are not in prison. And one of the recommendations highlighted in the Wednesday judgment by the…
