Breaking News
MTN Uganda Commits To Continue Fight Against COVID-19 Pandemic
Having already contributed about Shs2B to the fight against COVID-19 in Uganda, telecom giant MTN Uganda has committed to further support the drive in a bid to enable Ugandans live a healthy life. MTN’s Hamwada hands over the food stuff to Uganda prisons officials. On the Extreme right is Dinah Martha Akirapa who spoke on behalf of…
Broke BoU To Borrow USD500M For Recapitalization
The President of Uganda Gen. Yoweri Kaguta Museveni has endorsed a request by the Ministry of Finance to borrow up to USD500M to recapitalize Bank of Uganda (BoU) and Uganda Development Bank (UDB), following the effects of Coronavirus (COVID-19) on Uganda’s economy. The money, according to credible sources, will come from the International Monetary Fund…
Washington Warns India Against Major Arms Deals with Russia
The United States is warning India against purchasing significant Russian weapons like advanced anti-aircraft systems or fighter jets as they may impede its defence cooperation with the West, US Assistant Secretary of State Clarke Cooper told reporters. “The key point that has been shared with Indian counterparts… is: ‘Don’t put at risk future opportunities that…
Gen.Tumwine Blasts Lt.Gen.Angina’’ Don’t Misuse Security Forces For Your Own Personal Interests’’
The Minister for security Gen.Elly Tumwine has publicly attacked former Deputy UPDF Chief of Defense Forces Lt.Gen. Charles Angina for misusing his UPDF escorts and police to harass unarmed civilians. Tough talking Gen.Tumwine rushed to scene in Muyenga ,a leafy Kampala suburb after getting a call from a city tycoon Godfrey Kirumira that Gen.Angina fronting…
News
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…
Great: Unique Sounds Ug Mesmerizes Western Uganda With Modern Art Equipment
A new music system has been born in Western Uganda with the State of the art equipment. Unique Sounds Ug based in Ntungamo town is the in thing in Western Uganda with the best music service in the area. They provide public address system and play at wedding ceremonies, birthday parties, introduction ceremonies, live performances…
Furious Museveni Kicks Greedy URBRA Off NSSF Savers Money
President Yoweri Museveni has ordered the controversial Uganda Retirement Benefits Regulatory Authority (URBRA) to get off workers’ savings in the National Social Security Fund (NSSF). Museveni made the directive during a meeting with stake holders of the NSSF fund at State House Entebbe on Tuesday. The meeting was attended by among others, the Prime Minister…
Masrcorp Institutional Solar Aided Stoves Helping Schools Cut Down Costs & Avail Solution For Climatic Change Problems
As the world battles with global warming and other hazards that result from climatic change, a team of Ugandan innovators under their umbrella body Masrcorp, have developed solar aided stoves that are not only aimed at fighting deforestation but are also pocket-friendly. The Masrcorp solar aided stoves, according to the team that builds them, aim…
Mogul Sudhir Ruparelia Again Tops List Of 10 Richest Billionaires In Uganda-Report
The market value of all the stakes owned by the 10 richest investors in companies listed on the Uganda stock exchange is 518.5 million. This represents just about 0.30 per cent of the market’s 56.1-billion valuation, as institutional investors and parent companies of listed entities control a huge chunk of the market. Based on figures…
Justice Mubiru On Spot For Shielding Centenary Bank In Shs50M Fraud Case
The head of the High Court Commercial Division Justice Stephen Mubiru literally threw under the bus a bank client one Aida Atiku when he absolved Centenary Bank of any liability of fraud occasioned to Ms. Atiku’s account. On July 18th 2022 making a ruling in a case in which Aida Atiku had sued Centenary Bank…
