Breaking News
Crane Bank Shareholders On Cloud9 Again Over UK Court Ruling, Vow To Milk Billions From DFCU Bank Over ‘Fraudulent’ Takeover, Disturbing Their Peace!
Crane Bank and its shareholders are on cloud nine following a Wednesday ruling where the Court of Appeal from the High Court of Justice, Business and Property Courts in England, overturned the lower court’s decision, which had exonerated DFCU bank and its shareholders from accusations of fraudulently taking over Crane Bank. In a statement inked…
Impersonator Steals Newborn Baby From Hospital
Uganda Police with sister security agencies in Bundibugyo district have kick-started a hunt for a yet-to-be-identified woman who is suspected to have stolen a newly born baby from the maternity ward at Bundibugyo main hospital, in western Uganda on Thursday morning. The baby’s mother, Ms Daphne Kabugho, 24, a resident of Ngamba One village, Ngamba…
Enjoy Online Classes: Mogul Rajiv Donates Tablets To Young Rappers Fresh Kid & Felister
Rajiv Ruparelia Managing Director of Kampala Parents has today donated 2 Tablet computers to young music artistes Fresh Kid and Felista to help them study their classes online from Kampala Parents through Zoom communications. The give away was held at Kampala Parents School which opened earlier this months to help pupils continue with studies amidst…
Real Facts In Kiham, Buganda Land Board Kigo Land Row
As Buganda Land Board (BLD) resorts to malice and propaganda using the name of ‘Kabaka’ and Buganda Kingdom, this website has exclusively landed on a survey report of the contested Ham Sports Centre Kigo land. Kiham claims is on public tittled land tenure well as BLB’s claim is on a milo tenure. However, Ugandans are…
News
EU Bans Foreign Travels Over Coronavirus
The European Union (EU) has banned its officials from travelling over the outbreak of coronavirus that has hit several countries mostly in Asia and Europe. The EU decision comes when Uganda is hosting the first Uganda EU business forum (March 9 to March 10). Officials from the union say the decision was taken as a…
Gov’t Borrows 83 Bn For Karamoja Mineral Exploration
Parliament has approved a request by government to borrow Euros 20.6 million (equivalent to Shs83.6 billion) for the implementation of the airborne geophysical survey and geological mapping of Karamoja. The loan will be secured from the Corporate Internationalization Fund of Spain. Presenting the committee report to Parliament sitting on 30 January 2020, the Chairperson of…
Uganda’s ERA Hosts African Electricity Regulatory Peer Review and Learning Network (PRLN)
Uganda’s Electricity Regulatory Authority (ERA) is hosting Five (5) Executives for the African Electricity Regulatory Peer Review and Learning Network (PRLN) from 9th to 14th May 2022. The One-Week Workshop is part of the continental efforts facilitated under the African Union for Harmonisation of Regulatory Frameworks. It will discuss issues relating to Regulatory Governance, Regulatory…
Big Story: Executive Director, 3 Top Managers Resign As Tropical Bank Runs Bankrupt
Panic and tension have engulfed the Kampala road based Tropical Bank after almost the entire senior management tendered in their resignation. According to a highly placed source with the bank, those who have handed in their resignations include the Executive Director Denis Muganga Kakeeto, Hussein Sentamu the Head Credit Department and a one Maurice the…
OIL AND GAS: Government Finally Agrees To Disclose Agreements
The sticking issue of the secrecy around the oil Production Sharing Agreement has kept Ugandans unable to get the answer to the question of how much the country will get from the oil and gas sector. The failure by the government to disclose the details, especially of how the oil revenues will be shared, has…
