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Champions League Draw: Man City Face Real Madrid
Manchester City will face Real Madrid while holders Liverpool have been drawn against Atletico Madrid in the last 16 of the Champions League. Chelsea play Bayern Munich in a repeat of the 2012 final while Tottenham take on another German side, RB Leipzig. In the pick of the other ties, Borussia Dortmund will play Paris…
State House Probes NMS Manager Over Sale of Govt Drugs to Tanzania
The State House is investigating a case in which Isaac Aijuka, the store manager at National Medical Stores (NMS) warehouse in Ibanda district sold government drugs to Tanzania. According to the State House health monitoring unit assistant director, Dr Brian Arinaitwe, NMS was making the last supply from the district store to the health centres,…
The Tragedy Of Bobi Wine
By Andrew Mwenda Kampala: Uganda’s leading opposition figure, Robert Kyagulanyi, hereinafter referred to by his stage name, Bobi Wine, is a disaster of unmitigated proportions. He claims to be opposed to the East African Crude Oil Pipeline (EACOP). I wonder whether he even knows what this project is about and the length to which the…
Uganda: MPs Approve 43 Trillion Budget For 2022/23
MPs have unanimously approved the Budget Framework Paper for the financial year 2022/23 to FY 2026/27, after harmonising positions in the minority and majority reports of the Committee on Budget. Section 9(8) of the Public Finance Management Act requires Parliament to receive and process the Budget Framework Paper (BFP) by the 1st of February. The…
News
OP-ED: President Museveni Made a Perfect Decision To Travel With Mogul Hamis Kiggundu To UAE
On Sunday 15th January 2023, H.E President Yoweri Kaguta Museveni departed Entebbe to the United Arab Emirates (UAE) for a three-day working visit. The President met different groups of investors interested in doing business in Uganda in the field of Oil and Gas, Agro processing, Electricity, real-estate among others. He also attended the Abu Dhabi…
Speke Resort Munyonyo Nominated for Ekkula Tourism Award Under Best Luxury & Business Hotel
Speke Resort Munyonyo has been nominated for the 2022 Ekkula Tourism Award under the category of Best Luxury and Business Hotel. A beautiful and luxurious resort seated on the shores of Lake Victoria, it is part of Ruparelia Group of Companies which is owned by businessman Sudhir Ruparelia. Ekkula is a Ugandan local word implying…
On Spot: Asians Custodian Board Under Probe As Over 15 Billions Go Missing From Account
Panic has engulfed the custodian board after it has emerged that Shs 15 billion was mysteriously withdrawn from the Departed Asians Property Custodian board accounts by the unknown persons. The development came after Members of Parliament on the committee Commissions, Statutory Authorities and State Enterprises (COSASE) discovered the missing monies and quizzed Ministry of Finance…
I Will Definitely Buy Shares – Tycoon Sudhir Ruparelia Endorses Airtel IPO
Billionaire businessman, as well as the largest Ugandan and individual equities investor on the Uganda Stock Exchange, has endorsed the Airtel Uganda IPO, saying that it is a good buy. He made remarks while Speaking to the CEO East Africa Magazine on the sidelines of the Airtel Uganda launch of its IPO prospectus, Dr. Sudhir…
OP-ED: Reopen Crane Bank In Partnership With Gov’t
By Dr Okodan Akwap Kampala: Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding topnotch meetings, such as the upcoming Non-Aligned Movement summit. But government can do something even better – partnering with Sudhir to reopen Crane Bank, which was closed by Bank of Uganda (BoU)…
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…
