Breaking News
21 People Perish Ushering In New Year
Police force has reported that 21 people lost their lives during on the eve and during the celebration of the year 2021. The deaths were as result of murder by hacking, assaulted, drowning in Lakes while others died due to mob Justice. While addressing journalist at police headquarters Naguru the police spokesman Fred Enanga said…
Money,Property Lost As Fire Guts Mbale Waragi Factory
Uganda Police Force in Mbale district is investigating circumstances where several people were almost left lifeless during a fire outbreak at an alcohol processing plant in Wangagai Cell, Nkoma Division in Mbale Municipality. It is alleged that some employees sustained severe injuries and were rushed to Mbale Regional Referral Hospital following a fire outbreak at…
NBS’ Dalton Kaweesa, MP Nambooze Lock Horns
The Mukono Municipality Legislator Betty Bakireke Nambooze has vowed to teach NBS’ television Dalton Kaweesa a lession, alledged accusing him of drawing her into political controversies. The angry legislator also alleges that Kaweesa uses his position in the newsroom to spin around stories by the opposition to incite members from different forces of change to…
NCB TakeOver: Court Dismisses With Costs Nzeyi’s Case Against Sudhir, BoU
Court has once again dismissed the suit in which one of the former owners of the liquidated National Bank of Commerce (NBC) sued Bank of Uganda, Crane Bank, and former owner Mr Sudhir Ruparelia as well as Kenyan tycoon Rasiklal Chhotal Kantaria. Mr Amos Nzeyi ran to court to challenge the takeover of NBC by…
News
Good Heart: Kira Young Foundation Boss,Lukwago Awards Diehards With Plots Of Land
Kira Young Foundation boss Jimmy Lukwago has awarded his foundation diehards who has been there for him after and before politics when he contested for Kira Municipality MP seat on NUP ticket against FDC’s Hon. Ibrahim Ssemujju Nganda. The land he awarded to the 10 members is in Seeta Mukono near Ridar Hotel. “I have…
EXCLUSIVE: How Embattled DFCU bank is being haunted by ghosts of defunct Crane Bank as number of Shareholders continues to drop
When DFCU Bank controversially bought Crane Bank Limited (CBL) in January 2017, it immediately became one of the most profitable banks in Uganda as the former owners of CBL cried for the loss of their bank. Dfcu’s boosted its profitability in 2017 following the acquisition with net profit nearly tripling to Shs127 billion, up from…
Stanbic Names Anne Juuko As New CEO
The board of directors of Stanbic Bank Uganda has appointed Ms Anne Juuko as new chief executive officer replacing Mr Patrick Mweheire, who has been promoted to the position of regional chief executive, Standard Bank Group. In a statement issued this afternoon, the board of directors said both Mr Mweheire and Ms Juuko will be…
Kadaga Applauds NEC Speedy Construction Of Kiira Motors Plant,Pledges More Govt Funding
The Speaker of Parliament, Rebecca Kadaga, has visited and pledged continued support to the Kiira Motors Plant, the local makers of electric motor vehicles. Kiira Motors Corporation (KMC) is located in the Jinja Industrial and Business Park in Kagogwa village, Kakira Town Council, in Jinja district. “I want to thank the President for his foresight…
Electricity Tariffs Expected To Shoot Up As Macroeconomic Factors Impact Heavily On Power Generation, Supply
Experts in the energy sector have revealed that the skyrocketing fuel prices, inflation and other Macro-Economic Factors in Uganda are most likely to lead to an increase in the cost of electricity. This is mainly because fuel is used in the generation of thermal electricity as opposed to hydroelectricity which is generated from water. The…
Premier Recruitment Limited Offers Free Consultation To Ugandans Seeking Residency In Canada
Premier Recruitment Limited has announced that its offering free consultation for all Ugandans who are interested in applying for permanent residency in Canada. The company said those interested can now contact the management via WhatsApp no. 0200909755 or send an email at operations@premierrecruitment.com and premier recruitment will help you make the application process simple and help…
