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141 Thugs Terrorizing Motorists Along Bypass Charged
A total of 141 suspects behind the violent crimes along the bypass, other roads within the suburbs of Kampala were charged to court. In Kawempe 74 were charged, 60 remanded and 14 released on court bail; in Nansana, 18 were charged to court, while at old Kampala, 32 were charged to court, 26 remanded and…
Coronavirus: Why Uganda Gov’t Must Subsidize Fourth Estate To Succeed In Fight Against The Pandemic
Media fraternity have proposed ways through which the fourth estate can keep operational as Uganda comes to terms with the global Covid19 pandemic. In relation, a state rests on four pillars for it to armpit several anniversaries; Executive,Judiciary, Legislature and the Fourth Estate-Media. However, due to COVID-19, the media, as all other businesses, will be…
230 Arrested In Ntungamo For Flouting Covid-19 Guidelines
Police in Ntungamo is holding 230 individuals in it’s custody that were arrested late night in a joint operation with UPDF and ISO These individuals were ferried from the neighbouring sub counties of Rwashamaire, Rubaare,Itojo ,Rukoni and some from Sheema municipality by some aspirants who are varying for the mayoral seat on the NRM ticket…
Capt Mike Mukula: Social Media Misuse, Particularly Among Young & Inexperienced Users, Has Become A Significant Concern, Exacerbated By The Increasing Sophistication Of Artificial Intelligence
Of recent, research shows that social media Misuse amongst the Youths in Uganda is gaining momentum, this has moved us to share a one on one with a senior politician, Businessman and government official, Captain Mike Mukula. According to Mukula all algorithms can amplify the spread of misinformation, encourage addictive behavior, and create echo chambers…
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Crane Bank Fraud: Why Bank of Uganda Losses In Sudhir vs Crane Bank Left The Banker Of Bankers Naked Beyond Repair
Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as an everyday activity to supervise and regulate the banking sector when they took over and subsequently sold Crane Bank to DFCU turned out to be a big speck in the late Emmanuel Tumusime-Mutebile led…
Court Trashes Nzeyi’s Case Involving Sale Of NBC To Crane Bank
The Constitutional Court has dismissed an application filed by city businessman Amos Nzeyi in which he challenged the winding up and sale of former Minister Amama Mbabazi’s National Bank of Commerce (NBC) by Bank of Uganda, which later sold it to tycoon Sudhir Ruparelia’s now defunct bank. Nzeyi, who was a shareholder in the bank…
Mogul Sudhir Ruparelia Again Tops List Of 10 Richest Billionaires In Uganda-Report
The market value of all the stakes owned by the 10 richest investors in companies listed on the Uganda stock exchange is 518.5 million. This represents just about 0.30 per cent of the market’s 56.1-billion valuation, as institutional investors and parent companies of listed entities control a huge chunk of the market. Based on figures…
Scrap Off OTT Due To High Evasion Rate-Akol Tells Govt
Doris Akol, the Uganda Revenue Authority (URA) Commissioner General ,Doris Akol has asked government to amend the law that is governing collection of Over-the-top’ tax commonly known as OTT inorder to reduce the high rates of evasion. Madam Akol made this presentation at Parliament where she was meeting legislators on the Parliamentary Committee on Finance…
Uganda-EU Business Summit: EU Position On EACOP To Be Reviewed October 26
The European Commission in Uganda, is set to fully address the matter of the European union parliament resolution on the East African Crude Oil Pipeline Project, at that upcoming Uganda-EU business summit later this month. Due to environmental and human rights issues, the European union parliament resolved, to calling for a halt on the construction…
Africell Confirms End Of Road For Ugandan Market After 7 Years
Stiff competition and high indebtedness have forced Uganda’s third largest telecom service company by subscriber base, Africell, to quit the country. The company say its services will stop on October 7, this year, according to a letter circulated to its employees, who will continue to be in employment until November 30. Africell Uganda says its…
