Breaking News
Dfcu Bank Ordered To Vacate All Sudhir’s Properties Within 3 Months
In a groundbreaking verdict, dfcu Bank has been directed to vacate a set of prime properties owned by Mera Investments within the coming three months. Mera Investments is owned by prominent businessman Sudhir Ruparelia. This momentous ruling was issued by Justice Tadeo Asiimwe, a distinguished Land Division Judge at the High Court, following an extended legal…
M7 Ready To Swallow People Power,FDC In 2021 Elections The Way He Defeated,Retreated UPC,UNLA Remnants – Opondo
Today marks thirty-four years since the resilient and glorious National Resistance Movement/Army (NRM/A) under the leadership of Yoweri Kaguta Museveni captured Kampala. The battle for Kampala, marked the defeat and retreat of UPC and UNLA remnants, which also ended the reign of terror, uncertainty, and political anguish that accompanied national ruin and state collapse in…
Prime Suspect In Murder Of Bundibugyo NRM Boss Kifunga Arrested
Flying squad unit of police has arrested one Bwambale Sunday Swaib herbalist in connection to the murder of the NRM district registrar for Bundibugyo district. The deceased Aguma Robert Kifunga was lured into gold deal by his friend Bwambale Sunday who later strangled him to death and after dumped the body at Bimala cell in…
UEGCL Posts Ugx 27.9bn Net Profit As Assets Grow By 2.9%
The Uganda Electricity Generation Company Limited (UEGCL) posted Shillings 27.9 billion net profit projecting the company’s trajectory growth for the year ending 2022. This was revealed by UEGCL Board chairperson, Eng. Dr Proscovia Margaret Njuki during the 12th Annual General Meeting held on Tuesday, 20th December 2022 at Kampala Serena Hotel. Eng. Njuki said the…
News
Joy As UNRA Reopens Kyazinga Channel Bridge
Uganda National Roads Authority [UNRA] Tuesday temporarily re-opened the Kazinga Channel bridge to traffic after close to a month of closure. “Uganda National Roads Authority (UNRA) wishes to inform the general public that the bridge deck for Kazinga Channel Bridge on Ishaka—Katunguru—Kasese road has been temporarily fixed and opened to traffic,” the roads authority said.…
President Museveni Calls Urgent NRM Caucus Meeting Over Implementation of Parish Development Model
President Yoweri Museveni has in his other capacity as chairman of the ruling National Resistance Movement called a meeting of the party Parliamentary Caucus to discuss the implementation of the Parish Development model for Financial Year 2021/22 The meeting scheduled to take place on Friday August 20, 2021 at Kololo Ceremonial Grounds shall look at…
FULL LIST: URA Honours Ruparelia Group, 50 Other Top Compliant Tax Payers
The Uganda Revenue Authority (URA) has recognized Ruparelia Group – owned by businessman Sudhir Ruparelia as one of Uganda’s top tax payers in the 2021 Tax-payers Awards. The top tax payers were recognized on Friday during the annual Taxpayers Awards Ceremony at URA head offices in Nakawa, Kampala. The ceremony which a culmination of a…
Consumers Choice Awards: UIA DG Awarded ‘Excellence In Investment Promotion’ Accolade
The Director General, Uganda Investment Authority (UIA), Mr.Robert Mukiza has been recognized for his tremendous efforts to promote investments in Uganda. Mr.Mukiza will formally receive “Excellence in Investment Promotion Award” at this year’s Consumers Choice Awards Dinner scheduled today, September 6, 2024 at Golf Course hotel-Kampala. “It is with great pleasure that I extend our…
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…
Inside The Supreme Court Decree That Directs Helpless BoU To Pay Costs To Sudhir, Meera Over Bogus Crane Bank Case
Last Month, the Supreme Court of Uganda issued an official decree directing Bank of Uganda to pay costs to businessman Sudhir Ruparelia and his Meera Investments Ltd following its February 11th 2022 landmark ruling in the Crane Bank case. In the 1st July, 2022 order, the Supreme Court also told Bank of Uganda to return…
