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OP-ED: Is Businessman Eriya Mubiru Above The Law Or He’s Just Having An Invisible Hand
By Ojok Samson Gulu: Of late, self proclaimed businessman Eria Mubiru alias Kabenge Eriya Mubiru has been at the centre of controversy following his numerous involvement in dubious deals that have left a number of ordinary Ugandans blubbering due to the financial losses and emotional pains he has inflicted on them. On Tuesday 22nd June,…
Another Top Dfcu Bank Director Resigns!
DFCU Limited has announced resignation of Michael Turner as a director in the company with immediate effect. “The Board has commenced the process of nominating another person to be considered for appointment to fill the casual vacancy created by the resignation of Mr. Turner,” DFCU said in a statement on Friday. Turner joined DFCU board…
Speaker Anita Among Quashes Exiled Novelist Kakwenza’s Fake News About Withdrawal Of Her Security
The Office of the speaker of parliament of Uganda, Rt. Hon. Anita Annet Among through its press team has made a disclaimer to malicious news indicating that Speaker Among’s security had been withdrawn from her. On Saturday via his socials, Kankwenza alleged that speaker Anita Among’s security detail had been withdrawn and was therefore susceptible…
Crisis: Over 40 Nurses At Mbarara Hospital Test Positive For Covid-19
40 medical workers have been infected with COVID-19, at Mbarara regional referral hospital. Dr. Celestine Barigye the head of the hospital on November, 14, 2020 confirmed that over Forty (40) nurses at his hospital tested positive for the novel Coronavirus. He also confirmed that a 39-year-old man from Bundibugyo also died of COVID-19 at the…
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Kampala Minister Defends Tycoon Sudhir On Kololo SS Playground Upgrade To Modern Stadium
Kampala Affairs State Minister, Kabuye Kyofatogabye has defended property magnate Sudhir Ruparelia’s development on Naguru land that is contested by some sections of Kololo Senior Secondary School management. The Parliamentary Committee on Physical Infrastructure which sat on Wednesday has launched fresh investigations into the Kololo S.S Land as people against Sudhir’s development want him to…
BoU Issues Guidelines On Covid-19 Crisis, Warns Banks Against Levying Extra Fees
The Bank of Uganda (BoU) has warned financial institutions against levying extra charges or fees when restructuring loans for borrowers as the country grapples with the coronavirus pandemic. In the guidelines issued by the acting Deputy Governor, Dr Adam Mugume, on Tuesday, April 14, the banks must also desist from demanding that some borrowers clear…
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…
Gen. Museveni Orders Allocation Of 15 Acres To Investor For Hospital Construction
President Yoweri Museveni has directed Frank Tumwebaze, the Minister for Agriculture to allocate Turkish firm Beyler Group, 15 acres of land in Entebbe for the construction of a hospital. In his June 20th letter to Tumwebaze, Museveni says the Turkish Investment Group has committed to building a modern private hospital in Uganda. “They intended to…
Abu Dhabi Based Firm Aims At Investing In Ugandan Tea Sector
The Ministry of Agriculture, Animal Industry and Fisheries has signed a memorandum of understanding (MOU) with UAE-based Elite Agro LLC (EAG) to explore potential business opportunities in the Uganda tea sector. Elite Agro is one of the leading producers and distributors of daily fresh vegetables and fruits in the Middle East and engages in growing,…
Go & Make Money! Premier Recruitment Unveils Kyabise” Promo Campaign For More Unemployed Ugandan Youths
In a bid to recruit more Ugandan youths for several job opportunities available in the middle-east and gulf countries, Ugandas leading Labour export company Premier Recruitment Limited has launched a special “Kyabise” Promotion campaign. According to the company, eligible Ugandans who apply and secure employment will win a free sponsored job in Saudi Arabia, where…