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Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural Resources are probing allegations of mismanagement and corruption at Uganda Electricity Transmission Company Ltd (UETCL). While interfacing with the board members of UETCL on Thursday, 17 March 2022, the Committee Chairperson, Hon. Emmanuel Otaala expressed concern about the mismanagement of the company resulting from a…

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials at the Uganda Bureau of Statistics (Ubos) over alleged fraud of more than Shs2b spent in ghost activities. By presstime, Dr Chris Mukiza, the Ubos executive director, had declined to discuss the matter, referring all inquiries to the Ombudsman. However, Sources privy to the investigations…

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back in 2001 (20 years ago in May 2021), Rt. Hon. Rebecca Alitwala Kadaga has created one of the most secretive but powerful political hegemony within the NRM environs in modern Uganda’s Political history. It’s hard to tell how much the legendary Woman Member of Parliament…

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military siege of opposition leader Robert Kyagulanyi’s home and release him and his wife Barbara Itungo Amnesty International said as the post-election blockade entered its 7th day. Robert Kyagulanyi, also known as Bobi Wine was declared runner-up by the Electoral Commission in last week’s presidential election,…

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President Yoweri Museveni’s fight against corruption, then it is the City Hall based Kampala Capital City Authority (KCCA), because investigators indicate that officials there are involved in gross abuse of government funds and tax payers’ money. This is because officials at KCCA not only embezzled funds…

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon. Paul Akamba an Independent legislator representing Busiki County, in Namutumba District wrote to the Speaker of Parliament Rt. Hon. Rebecca Kadaga disowning his own signature as a seconder of a motion that was to be moved on the floor of Parliament on Tuesday 26th May…

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the Capital Times Investigative Unit In part 3 of the Energy Mafias series, we analyse what some would believe is the biggest conspiracy under the NRM Government by bringing to you the modus operandi of the invisible cartel commandeered by former PS Kabagambe Kallisa and has also…

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification Agency (REA) have FINALLY been interdicted with immediate effect on orders from the President, His Excellency General Yoweri K. Museveni through the Energy Minister, Hon. Dr. Mary Goretti Kituttu (PhD). According our reliable sources, the President has been frustrated by the Minister and her Permanent…

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Sudhir’s Meera Investments Slaps UGX32 Billion Rent Arrears To Staggering DFCU, Illegally Occupying Crane Chambers Building

Business tycoon Sudhir Ruparelia demands Dfcu Bank, the financial institution that took over management of Crane Bank in January 2017 to pay $8,660,462 (Sh32 billion) for rent arrears. Sudhir through his company Meera Investment Limited says the amount is in breach of the tenancy agreements in respect to plots 38 and 40A Kampala Road. Plot…

Troubles For ‘Struggling’ Socialite Kavuma Escalate As Police Launch Hunt After Shamelessly Taking Off Without Clearing $48,000 Speke Apartments’ Bill

Uganda Police Force with sister security agencies are on a hunt for buoyant socialite Kavuma Honest aka Harsh Pappy for taking off without clearing a multimillion bill accumulated through accommodation, food and lavish spending at swanky Speke Apartments Wampewo. The Capital Times have learnt that Kavuma a promoter of Germany based team Bayern Sports club…

UGEFA: Green Businesses Given Last Chance To Grow & Transform Economy With EU Funded Accelerator

The EU-funded Uganda Green Enterprise Finance Accelerator (UGEFA), which provides sustainable Ugandan enterprises with support to scale and contribute to a green and inclusive economy, has today announced that it is accepting applications for its fourth and final cohort to join its programme. UGEFA is seeking high-potential small and medium-sized enterprises looking for debt finance to…

Commercial Banks In Panic After Court Outlaws Syndicate Lending In Landmark Ham Vs DTB Case

Several bosses in commercial banks in Kampala and other financial institutions are sweating plasma following the October 7th, 2020 ruling by the High Court Commercial Division in a case filed by tycoon Hamis Kiggundu and Diamond Trust Bank, in which caused outlawed syndicate lending. The panic among commercial banks executives arose after High Court justice…

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