Breaking News
Fernandes Shines In Man United’s Comfortable Win Over Hornets
Bruno Fernandes coolly rolled in a penalty for his first goal for Manchester United to set his new team on its way to a 3-0 win over relegation-threatened Watford in the Premier League on Sunday. Man Utd claimed three points at home to move into fifth, a possible Champions League spot, after comfortably defeating Watford…
Green Jobs and Fair Labour Market Programme: Gov’t Donates Working Equipment To 16 Youth Groups
Government has donated working equipment to 16 youth groups from six districts in the country. The equipment was donated under the Green Jobs and Fair Labour Market Programme which aims at at fighting unemployment, decent work deficits, and workplace unsustainable environment practices in the Country. The equipment included; tailoring machines, tents and plastic chairs, Motorcycles, water…
Ruparelia Group Unveils Charming Tagore Living Condos For Sale!
Ruparelia Group of Companies the biggest landlord in Kampala’s central business district has for the first time put up the property for sale. The property magnate under Meera investments has unveiled that Tagore Living apartments, the Group’s first built-to-sell residential condominium project located along Kira Road will be sold under the Co-ownership Act. The building…
Uproar As Power Outage Affects Water Supply In Gulu City
Power outages have affected the supply of water in Gulu city and its outskirts triggering an acute shortage of water. Gulu city has for almost one week been experiencing persistent power outages which is the backbone for water pumping and supply within Gulu city and the outskirts by the National Water and Sewerage Cooperation (NWSC).…
News
Foreign Companies Continue Reaping Big From Ugandan Cannabis As Gov’t Ignores Local Investors
Local investors in the country have continued to express their disappointments over the selective licencing of cannabis business that has been only allowed to be operated by foreign companies. In an investigative study and survey carried out by this website, it is reported and confirmed an Israeli company Together Pharma has already exported over 50 kilograms of…
URA Sensitizes Traders on Changes in Valuation Database
Uganda Revenue Authority embarked on the process of amending its valuation database to ensure uniformity in the customs values of imported goods. To ensure smoothness in this process, the tax body reached out to different stakeholders to get their input. It was against this background that URA met with representatives from the textile industry. The purpose…
Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross
Bank of Uganda has officially quit the case involving city tycoon Hamis Kiggundu alias Ham and Diamond Trust Bank, in which he accuses the financial institution, together with its parent bank, Diamond Trust Bank Kenya, of illegally withdrawing over Shs128Bn from his company accounts. Bank of Uganda had applied to join the case as Amicus…
Shame As Govt Asks External Labour Recruitment Companies to Fund Uganda Embassy in Saudi to Handle Distressed Migrant Workers
Anger is boiling up among the external recruitment agencies in Uganda after the government asked them to help fund the cash trapped Uganda Embassy in Saudi Arabia to help handle the distressed migrant workers. According to Uganda Association of External Recruitment Agencies (UAERA) Chairman Baker Akantambira, the Ugandan Embassy in Saudi Arabia has run out…
Gov’t Issues Strict Guidelines Limiting Boda-boda Operations In Kampala
Following the recent National address on Covid-19 by His Excellency the President of the Republic of Uganda, Boda Bodas are to resume carrying passengers and luggage on July, 27, 2020. However, a set of Standard Operating Procedures (SOPs) for all the Boda Bodas operators nationwide have been issued by Government through Ministry of Works &…
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…