Breaking News
Covid-19: Deputy Speaker Oulanyah Hands Over Controversial Shs20M To Omoro District Task Force
Deputy Speaker of Parliament Jacob Oulanyah has handed over 20 million Shillings to Omoro district task force for coronavirus (COVID-19). The money was part of the controversial 10 billion government supplementary budget allocated to Parliament as facilitation to the lawmakers to conduct public awareness among their constituents about COVID-19. R.t Hon.Oulanyah handed over the money…
MP Thomas Tayebwa Conceeds Defeat, Pulls Out of Deputy Speakership Race
The Ruhinda North County legislator Thomas Tayebwa has finally conceeded defeat and pulled out of the 11th Parliamentary speakership race. In a highly anticipated vote, Tayebwa lost to Among in a vote by the caucus of the NRM on Sunday evening. Tayebwa polled 149 votes to Among’s 168 votes. He this announced that he would…
Deputy Speaker Tayebwa Warns Accounting Officers Against Bribing MPs To Increase Project Funds
The Deputy Speaker of Parliament, Thomas Tayebwa has cautioned Accounting Officers of government Ministries, Departments and Agencies (MDAs) against acts of securing higher budgets than what the Finance Ministry allocates for projects by promising to give out kickbacks to legislators sitting on relevant committees. Tayebwa made remarks on Friday July, 8, 2022 at Hotel Africana…
Parliament Effaces 10bn Displeasure Motion Against Oulanyah
Parliament has expunged from its record a displeasure motion against the Deputy Speaker Jacob Oulanyah. The motion was passed at the height of controversies on the allocation of 10 billion Shillings that was given to the institution for interventions to control the spread of coronavirus disease. Although the motion was initially against the president, who…
News
UPDF Takes Over Covid-19 Testingesting At Entebbe Airport
The Uganda People’s Defence Forces (UPDF) has taken over the mandatory Covid-19 testing exercise at Entebbe International Airport. In a letter to the Chairperson, National Planning Authority, the Prime Minister Robinah Nabbanja said UPDF with support from the Ministry of Health will take over Covid-19 testing for all international inbound passengers from private practitioners starting…
I Don’t Own Victoria Hospital & Stop Dragging My Name Into It’s Affairs – Sudhir Ruparelia Breaks Silence
City businessman Sudhir Ruparelia has distanced himself from any dealing with UMC Victoria hospital saying his Victoria University does not operate the hospital. In May, Internal Affairs minister, Maj Gen (Rtd) Kahinda Otafiire, directed all labour export firms to take their clients to UMC Victoria hospital for body organ testing before going abroad for greener…
Tycoon Sudhir Lauds Museveni For Signing Landlord & Tenants’ Law
Ugandan businessman and property mogul Dr. Sudhir Ruparelia has commended HE.Yoweri Kaguta Museveni for signing Landlord and Tenant Bill into law something seen as a relief for both parties. The Speaker of Parliament Anita Among yesterday revealed that President Museveni had assented to the Landlord and Tenants Bill 2021 after a meeting at State House…
Ham Enterprises Shs120Bn Case Exposes Diamond Trust Bank’s Litany Of Fraud Scandals; Bank Turns Into Village Sacco, Faces Closure Due To Undercapitalisation
The days of Diamond Trust Bank Uganda (DTBU) and Diamond Trust Bank Kenya (DTBK) in the banking sector are numbered! This is because the case that was filed by city tycoon Hamis Kiggundu of Ham Enterprises Limited, in which he accuses the bank of illegally deducting over Shs120Bn from his company accounts has exposed several…
Big Story: Bank Of Uganda’s Liquidation Of Crane Bank Was Illegal – Supreme Court Rules
The Supreme Court has on Monday October 4, 2021 ruled that liquidation of defunct Crane Bank Limited which was taken over by Bank of Uganda is illegal. According to Supreme Court, Crane bank was closed as a financial institution and placed under receivership and hence after closure, it ceased being a financial institution. The Court…
What Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case
The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank into the banking industry. There were concerns about the financial implications of the decision on the national Treasury and on Ugandans generally, while…
