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Archbishop Kaziimba Speaks Out On Ntagali’s Suspension Over Adultery
After suspending retired Archbishop of Church of Uganda, Stanley Ntagali from performing Church duties after getting involved in an extra-marital affair with a married woman. Archbishop of the Church of Uganda, the Most Rev. Stephen Samuel Kaziimba Mugalu has come up to explain how the Anglican Bishops under the Global Anglican Future Conference (GAFCON)came to…
Chelsea Makes Another Shocking Signing & Yet Another One Almost Done
Chelsea are set to the signing of Ben Chilwell in the coming days after completing a £50million deal for the Leicester defender. According to reliable sources, Chilwell has already completed his medical with Chelsea and he’s going to be handled a 5-year contract with the blues. Meanwhile we’ve learnt that Chelsea is also at a…
Just In! Minister Raphael Magyezi “Quits” Igara West MP Race
The Minister of Local Government Raphael Magyezi has unceremoniously withdrawn from the Igara West parliamentary race according to reports. Apollo Lee Kakonge a close friend to Magyezi, noted that the Minister left the race because he wants to concentrate on the ministerial duties. Kakonge added that Magyezi did not run away from the pressure in…
Fear As Third Person Commits Suicide In Kampala In Two Days
A third person has committed suicide in Kampala Metropolitan area in the last three days. The unidentified man was last night found hanging in a garden in Bweyogerere, Kira Municipality, Wakiso District. This incident brings the number of death by suicide to three in just two days in Kampala after a suspect, Venus Busingye, was…
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Just In: Museveni’s Axe At Work, Airport Cargo Boss Replaced By Lt. Gen. Lakara
President Museveni has appointed Lt. Gen Nakibus Lakara, the current AMISOM Deputy Force Commander in Charge of Operations as General Manager of Uganda Air Cargo Corporation (UACC). The development comes after he fired Eng. Frank Kyankya from the office.Our sources in army have intimadated to us that President Museveni has set up a team of…
Museveni’s Cow Sold At UGX491m
A cow traced back to President Museveni’s Kisozi Ranch herd sold for R2.1m (Shs491.5m) in an auction on Saturday on South Africa President Cyril Ramphosa’s ranch. According to the state-run New Vision, the three-year-old Ankole cow is called Fafa. Ramaphosa used artificial insemination by getting the embryos of 43 Ankole cows more than 15 years ago.…
Demand For Credit Slows With Raising Interest Rates
The banking industry has defended its changing mode of operation which sections of the public describe as less friendly, saying they have learnt from the effects of global shocks on the businesses and economies generally. In recent times, Bank of Uganda has compelled commercial banks to increase their lending rates even as the demand for…
Inside Sudhir’s Legal Team Against BoU: Meet The KAA Lawyers That Have Triumphantly Floored Bank Of Uganda – The Most Ruthless Regulator
Every case is as good as its legal strategy and every legal strategy is as good as the team on it. To defend himself against a UGX397 billion (USD106 million) suit from Bank of Uganda, arguably one of Uganda’s most feared, ruthless and cash-rich regulators, Dr. Sudhir Ruparelia, Uganda’s richest businessman had to go for…
Free Connections On Hault, As Umeme Contracts General Electric To Improve Service Delivery
Uganda’s power distribution company, Umeme Ltd, is hopeful that the electricity connection policy suspended earlier this month could be restored between June 2021 and June 2022, but this will depend on the success of the current efforts to get funding. The free connection policy, launched in 2018 was aimed at connecting 300,000 customers per year,…
Tycoon Charles Mbire Acquires More Stake In MTN
Businessman Charles Mbire has bolstered his stake at MTN Uganda after acquiring an additional 2,263,930 shares in the telecom company at a total cost of Shs 459,907,621.00 on the Uganda Securities Exchange. The purchase which took place on August 22 was evidently the signature activity of the day, on Uganda’s Securities Exchange where MTN is…
