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MATHIAS LUTWAMA: Why We Love Muhoozi Just With Passion
Kainerugaba Muhoozi, is a first class soldier, with celebrated Fecundity, at the mention of his name, high ranking officers in USA and Britain , salute with Majesty. Kainerugaba Muhoozi, is a vivacious guardian of Progress, admired by lawyers and economists, Doctors and Engineers, teachers and peasants, the youth and the elderly. Kainerugaba Muhoozi, is a…
Six Igara Tea Top Bosses Suspended Over Alleged Massive Corruption
Atleast six employees of Igara growers Tea factory LTD in Bushenyi District have been suspended by the board over massive corruption and embezzlement of in specified amount of money. According to aboard notice released on August, 3, 2021, notes the suspects as the Finance Manager, Brand Unit manager, Factory manager, Production manager, General Manager, and…
Simbamanyo Estates Loses Another Afrique Suites Hotel Over $10.8 Million Loan
Simbamanyo Estates Limited has lost another property, Afrique Suites Hotel over a $10.8 million loan acquired from Equity Bank. Recently, the Estate lost Simbamanyo House located on plot 2 Lumumba Avenue after it failed to service the loan. The building had been mortgaged by its owners with Equity Bank but after failing to pay, the…
Sex For Marks Scandal: Kabale University Sex Pest Story Leaks; Don Fired As Student Narrates How Horny Lecturer Molested Her In His Office
The Appointments Board of Kabale University in Western Uganda has sacked, Dr. Lukman Nafiu Aboidum, the Head of Department of Economics and Statistics for demanding sex from some female students in exchange for marks. In a letter dated November 9, the university secretary, Johnson Baryantuma Munono informed Aboidum that the university management had found him…
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Fishing Big! Kasuku, Tina Fierce Joins Sanyu FM
On Wednesday, this website reported that one of the oldest FM stations, Sanyu FM will have entirely new faces following dispute between the old staff and management over salary cuts in the wake of the Coronavirus pandemic. The latest we have confirmed is that one of the Popular and experienced radio presenter Isaac Katende, also…
Ex US President Donald Trump Shuts Down His Social Media Site Within a Month
Former U.S. President Donald Trump has shut down his personal social media platform launched less than a month ago in lieu of Twitter. Trump’s senior aide Jason Miller confirmed to U.S. media on Wednesday that the webpage, dubbed “From the Desk of Donald J. Trump,” has been shuttered permanently. “It was just auxiliary to the…
UIA Partners With USAID,MTN To Launch First MSMES Portal
The Uganda Investment Authority (UIA), in partnership with USAID’s Feed the Future Uganda Institutional and Systems Strengthening Activity (ISSA) and telco MTN Uganda. has today (September 15) launched www.mybusiness.go.ug a platform dedicated to boosting micro, small and medium enterprises (MSMEs). The portal is an innovation by UIA to respond to the business and investment needs…
Gulu District Registers Drop In Revenue After Ban on Sale of Forest Products
Gulu district is facing financial challenges due to a significant drop in local revenue following a presidential directive against the sale of forest products, severely impacting its economy. The District Speaker Phoebe Ayoo highlighted the directive’s adverse effects on the economy, coupled with the detachment of the City from the District, which relied heavily on…
BoU Issues Guidelines On Covid-19 Crisis, Warns Banks Against Levying Extra Fees
The Bank of Uganda (BoU) has warned financial institutions against levying extra charges or fees when restructuring loans for borrowers as the country grapples with the coronavirus pandemic. In the guidelines issued by the acting Deputy Governor, Dr Adam Mugume, on Tuesday, April 14, the banks must also desist from demanding that some borrowers clear…
At Cross Roads: Tycoon Sudhir Blocks BoU From Withdrawing Supreme Court Appeal As Case Ranges On
Recently, this website broke a story on how Bank of Uganda (BoU) wrote to the Supreme Court seeking permission to withdraw an appeal they had filed on June 23rd, 2020, against businessman Sudhir Ruparelia contesting Justice David Wangutusi’s 2019 ruling, in which he declared that BoU illegally wound up Crane Bank and sold it to…
