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Missing Sisters Found Dead,Suspect Witch Doctor Held
Kiboga district was struck by horror as the lifeless bodies of two young sisters were discovered, allegedly victims of a gruesome ritual sacrifice. The suspect, Sulaiman Sentongo, a witch doctor residing in Kirinda Village, Kapeke Sub County, has been apprehended by local authorities. The victims have been identified as Sylvia Nantongo, aged 5, and Esther…
Was Money Swindled Or? Parliament Raise Concern On Delayed Electrification Project
Members of Parliament are concerned about the delayed roll out of the national rural electrification project following approval of a loan from EXIM Bank. Bududa District Woman MP, Hon. Justine Khainza said that the loan amounting to US$212.6 million is meant to have electricity extended to 287 sub-counties across the country. The project was supposed…
Atleast UGX311 Billion Covid-19 Funds Mismanaged – Auditor General
The Auditor General has revealed that there was financial indiscipline in the utilisation of shs311 billion disbursed to Ministries, Departments, Agencies (MDAs) and districts for Covid-19 interventions. Section 25(1) of the Public Finance Management Act provides that government may approve a supplementary budget up to 3 per cent of appropriated budget but must seek retrospective…
Gen.Gutti Sentences UPDF Officer,3 Civilians To Death
The General Court Martial sitting in Makindye Monday sentenced four people to death on robbery and murder charges. The four machete-wielding men are part of the six-man criminal gang arrested in parts of Masaka region. They are; Rtd Corporal Paul Kiwanuka, Steven Kayemba, John Bosco Waligo, Julius Tweheyo aka Rutwiigi, Gerevazio Kankanka and Tumwesigye Mudathiru.…
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Oil Prices Fall Amid Iran Talks, Ukraine Crisis
Oil Prices dropped on Thursday as investors assessed geopolitical risks. The West Texas Intermediate for March delivery lost 1.9 U.S. dollars, or 2 percent, to settle at 91.76 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery decreased 1.84 dollars, or 1.9 percent, to close at 92.97 dollars a barrel…
Regional Recognition: Bidco Wins East African Awards
Fresh from scooping the overall 2021 Best Visionary Agro-Processing and Manufacturing Company award in Uganda,Jinja based Bidco Uganda Limited (BUL), a Fast Moving Consumer Goods company with a modern edible oil processing complex in Jinja City has again received other two regional awards. Thetwo awards are Quality Excellence Award for Best Class Manufacturing in East…
Parliament Secures Office Space For New MPs At Kingdom Kampala Building
The Parliament of Uganda has secured office space for new MPs at the Kampala Kingdom building as a business for the 11th Parliament takes shape. The 11th Parliament has 529 MPs who were all sworn in last week and are ready to transact Parliament business with immediate effect. According to Helen Nanteza Kawesa, the assistant…
Is Sudhir’s Victory Against BoU In Crane Bank Case a Game Changer?
The controversy between Crane Bank and Bank of Uganda came to an end after businessman Sudhir Ruparelia obtaining a final Supreme court order allowing him to revert Crane bank back to its shareholders. In January 2017, Crane bank was acquired by dfcu bank at Shs 200 billion after the central bank ruled that it was…
