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Police, People Power Activists Lock Horns In Kamwokya
There are running battles between Police and People Power activists in Kamwokya city suburbs in Kampala protesting the continued provocation by music promoter, Charles Orema alias Sipapa. Police moved in to disperse the activists when they blocked Old Kira road right from the house belonging to Fred Ssentamu Nyanzi alias Chairman Nyanzi and the offices…
UK Pensioner Philip Monk Petitions Museveni About Mafia Conniving To Bring Him Down
Phillip Monk, a UK pensioner running charity organisations in Uganda, has petitioned President Yoweri Museveni to intervene in a matter in which mafias are colluding with former beneficiaries of his generosity to bring him down by accusing him of trumped up allegations. Monk, who is the director of Mbale Schools Band, is accused of among…
Kwizera Joseph Jojo: Why Uganda Needs More Trees Than Oil
By: Kwizera Joseph Jojo Kampala: From November 30th to December 12th, guests from all over the world were in Dubai, United Arab Emirates, to attend the COP28 UN Climate Summit. As usual, Uganda was represented by a huge delegation of over 600 officials at the summit. Most of these officials were more like tourists on…
Rajiv Ruparelia only Ugandan nominated for prestigious Choiseul100 Africa 2024 award
Rajiv Ruparelia, the Managing Director of the Ruparelia Group, has been nominated for the prestigious Choiseul100 Africa 2024 award. This award highlights the top 100 young African leaders under the age of 40 who are making a significant impact on the continent’s future. The nomination recognizes Rajiv’s exceptional leadership and contributions to the growth and success…
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Tycoon Charles Mbire Acquires More Stake In MTN
Businessman Charles Mbire has bolstered his stake at MTN Uganda after acquiring an additional 2,263,930 shares in the telecom company at a total cost of Shs 459,907,621.00 on the Uganda Securities Exchange. The purchase which took place on August 22 was evidently the signature activity of the day, on Uganda’s Securities Exchange where MTN is…
Two Arrested On Suspicion Of Connection With Over Shs 20Bn Cyber Attack On UgandanTwo Leading Telecom Companies and Banks
The Uganda Police have arrested two suspects in connection with the cyber attack on the country’s two leading telecom companies and banks over the weekend. The two suspects are attached to Pegasus Technologies, a company that provides financial and billing solutions for various companies in Uganda. The suspects were arrested on Wednesday by the Criminal…
Public Debt Soars As Gov’t Seeks to Borrow Shs3.5 Trillion To Finance Budget
The Finance State Minister, Henry Musasizi has asked Members of Parliament to approve up to Shs3.5 trillion to finance the Shs48.1 trillion budget. The first loan request which is up to US$464 million translating to about Shs1.7 trillion, is to be sourced from the Standard Chartered Bank. In documents which now stand referred to Parliament’s…
Big Story: High Court Stays Execution Of Recent Commercial Court Ruling Of Ham-DTB Case
The Kampala High Court has temporarily blocked the execution of the recent ruling against Diamond Trust Bank by the court’s commercial division. The Commercial court Judge, Henry Peter Adonyo had ruled last week that DTB Kenya (DTBK) acted illegally in lending money to Ham Enterprises owned by businessman Hamis Kiggundu, through Diamond Trust Bank Uganda.…
Victorious Billionaire ‘Sudhir Ruparelia’ Gives More Headache To Troubled BoU; Bills Over UGX 200 Billion For All Costs
Tycoon Sudhir Ruparelia who last week again floored Bank of Uganda in Court, has tabled a bill of UGX200billion for all the costs. Last week, Supreme Court ordered BoU to directly pay costs at all Court levels and ordered that the Bank be reverted to Sudhir and the stakeholders, a ruling that effectively settled a…
Bury Excuses-Go Work Now: Big Hearted Premier Recruitment Now Gifts Smartphones In Dubai-Qatar Jobs Promo
Uganda’s leading labour export company – Premier Recruitment Limited, has announced that Ugandan youths who register now for Dubai and Qatar jobs stand a chance to win free smartphones in the promo drive running until end of January 2022. According to an announcement posted via the company’s socials, a variety of jobs in Dubai and…
