Breaking News
Dolphin Suites Unveils New Discounted Health Club Membership Fees
Luxurious Dolphin Suites, a subsidiary of Speke Group of Hotels has unveiled new Health Club Membership Fees with discounted packages to allow the hotel guests achieve their health and fitness goals as we head into the New Year 2022. The new packages announced offer membership in Gold and Platinum packages with exciting benefits as outlined…
“Our Personalized Curriculum and Learning Programs help students to explore and develop academically”- Kampala Parents School
Kampala Parents’ School – a leading private-mixed day and boarding primary school by far remains a preferred hub for world-class education in Kampala, and yet again places itself as education hub that is ready to streamline your child’s future. The Naguru based School says they are ranked the best among other reasons because of its…
South Sudan’s Salva Kiir to Mediate Ethiopian Conflict
South Sudan’s President Salva Kiir has agreed to mediate the ongoing conflict between the Ethiopian government and Tigray rebels, a senior official disclosed. South Sudan’s Minister of Information Michael Makuei Lueth said preparations are underway for Kiir to mediate the conflict between the Ethiopian government led by Prime Minister Abiy Ahmed and Tigray regional government.…
Airtel Uganda Appoints Manoj Murali New Managing Director
Airtel Uganda has appointed Manoj Murali as its new Managing Director to replace V.G Somasekhar, who resigned at the beginning of March 2020. Manoj has been the Chief Executive Officer for Kerala & Tamilnadu Division in at India’s Bharti Airtel Limited. Somasekhar, who was supposed to leave at the end of March but was caught…
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ToughTimes: Brookside Lays Off Half Of Ugandan Staff Due To Export Restrictions From Kenya Authority
Brookside Limited, a dairy processing company that packages long-life milk, cream, butter, yoghurt, ghee, and milk powder in Uganda and the East Africa regional export market has retrenched over 50 per cent of its staff following a drop in the exported products.In a letter addressed to the Commissioner of Labour at the Ministry of Gender,…
Government Directs Fresh Investigations Into Crane Bank Fraud Case
The government of Uganda has set up new investigations into which city businessman Sudhir Rupaleria is alleged to have taken approximately Shs 340 Billion out of defunct Crane Bank for personal ventures. Bank of Uganda intends to appeal to the Supreme Court to make a case whether it has powers to sue Sudhir. If the…
Supreme Court Dismisses BoU Application To Amend Crane Bank Case
The Supreme Court has dismissed an application in which Bank of Uganda sought permission to amend the Memorandum and record of appeal before hearing the Crane Bank appeal case. Bank of Uganda wanted substitute Crane Bank Limited (in receivership) with Crane Bank Limited (in liquidation), saying it is still a licenced financial institution under resolution…
Parliament Tasks Telecoms To Offer Better Data & Voice Bundles
Members of Parliament have urged telecommunication service providers to adopt more friendly data and voice bundles. This, according to the MPs, is intended to ensure that consumers of communication services get quality, reliable and affordable communication services to widen Information Communication Technology (ICT) penetration as a key driver of economic growth. While chairing the House…
Ruparelia Group Announces Rapid Growth Of Empire
Founded by Dr. Sudhir Ruparelia, the Ruparelia Group of Companies is a privately owned Ugandan company. As the largest home-grown business in Uganda, its boundary pushing market leadership began in the 1980s. Grown through years of painstaking adherence to excellence, the Ruparelia Group is responsible for the ownership of companies that feature unique brands which…
Two Months Later, What Next For Sudhir & Staggering BoU
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…
