Breaking News
Simbamanyo Estates Withdraws Case Stopping The Sale, Takeover Of Its Multi-Billion Property In Loan Dispute
City architect Peter Kamya, who is the proprietor of Simbamanyo Estates, has chickened out on his fight to rescue the building called Simbamanyo House, which houses the Ministry of Gender, Labour and Social Development. The building was a few days ago bought by tycoon Sudhir Ruparelia’s Meera Investments Limited, at USD5m, about Shs18.5Bn, after it…
Court Issues Warrant Of Arrest Against Ex-MP Nusura Tiperu Over 83M Debt
The former Arua Municipality Parliamentary Aspirant Nusura Tiperu is in trouble following a warrant of arrest issued against her by the High Court in Arua for failure to pay election petition costs worth 83 Million Shillings. The warrant of arrest which is signed by the Assistant Deputy Registrar of Arua High Court indicates that the…
Shortage Of Delivery Beds At Entebbe Hospital Irks MPs
Members of Parliament sitting in the Public Accounts Committee (PAC) were left in shock after it emerged that Entebbe Regional Referral Hospital does not have a single delivery bed. Officials from the hospital, led by Dr John Bosco Nsubuga, the Acting Director, and Richard Tumwesigye, the Senior Hospital Administrator, appeared before the committee on Tuesday,…
Gov’t Revokes Troubled Bryan White Foundation License!
The National Bureau for Non-Governmental Organizations [NGO Bureau] has cancelled the operating license of Bryan White Foundation, an organization belonging to Kampala socialite Bryan Kirumira. This was revealed by Patrick Onen Ezaga, the senior communication officer of the NGO Bureau at the Uganda Media Centre in Kampala today. One said, the decision was taken after…
News
MPs Endorse Tax On Passengers Flying Out of Uganda
Parliament has adopted a raft of recommendations to revive the economy currently battered by the Covid-19 pandemic, key among is implementation of a Tourism Development Levy. “The Committee proposes a levy of $10 to be charged on each ticket for every person who departs from Uganda by air transport,” said MP Mwine Mpaka, in recommendations…
South Africa Airways To Cancel Flights To Entebbe
The joint Business Rescue Practitioners (BRPs) of South African Airways (SAA) has announced further initiatives to support the airline’s transformation into a sustainable and profitable business. The BRPs, Les Matuson and Siviwe Dongwana, have worked closely with key stakeholders including industry specialists, government, creditors and executive management to develop a comprehensive restructuring programme which will…
Mogul Hamis Kiggundu Shocks Arcade Tenants With Rent Pardon
As most traders continue crying to their landlords and land ladies to forgive them rent for the months spent in lockdown, tenants at City Tycoon Hamis Kiggundu’s buildings have a reason to smile after the proprietor called off rent for the month of July. In a notice accessed by our reporter addressed to his tenants…
Noor’s Restaurant Opens Doors To Clients At Kingdom Kampala
A new restaurant, Noor’s Restaurant, has opened its door to Kampala dwellers at Kingdom Kampala mall, a plush rental property located on Nile Avenue, Nakasero Hill, in Kampala, Uganda. The fast-food restaurant was launch was graced by businessman Dr Sudhir Ruparelia on December, 31, 2020. In his address, the businessman urged Ugandans to stay safe…
Strong: Equity Group Holdings PLC Doubles Profitability Validating Its Resilience And Business Continuity Strategy During Covid- 19 Pandemic
Equity Group Holdings Plc has announced a 98% growth in half year profits to Kshs.17.9 billion up from Kshs.9.1 billion the previous year. Speaking while releasing the results, Equity Group Managing Director and CEO Dr James Mwangi said, “The defensive and offensive strategy adopted by the Group at the onset of the Covid-19 pandemic to…
Gov’t: Registration of Garages, Mechanics To Begin In March 2021
The Ministry of Transport says it has started sensitizing the stakeholders about the new traffic and road safety regulations government has introduced for enforcement starting next Financial Year. Transport Minister Gen Edward Katumba Wamala, in a telephone interview on Wednesday, said they are educating the public about the new rules in the amended Traffic and…
