Browsing: FEATURED STORY

But Why Has BoU Delayed To Pay Sudhir Billions Wasted In Bogus Case? Full Torch Into Court’s Decree Directing BoU To Stop Zigzagging

In the Supreme Court ruling delivered by Hon. Chief Justice Prof. Lillian Tibatemwa-Ekirikubinza JSC (as a single judge), on 1st July 2022, re-emphasized that once a company is placed under receivership, it doesn’t lose its legal existence-another loss for Bank of Uganda (BoU). This ruling came out of a failure by the two parties in this…

WHO IS JYOTSNA RUPARELIA: The Lady At The Centre Of Ruparelia Group’s Growth And Expansion

Jyotsna Ruparelia a Board director at Ruparelia Group of Companies is also also the co-founder of the Ruparelia Foundation a philanthropy arm of the Ruparelias aimed at transforming society through creating a positive and conducive environment to live in. Jyotsna is also an active board member of several group companies of the Ruparelia Group. She…

How Newly Commissioned Kikagati Cross Border Hydro Power Plant Will Reduce Poverty, Boost Productivity In Rural Communities

The Kikagati Hydropower Plant is a 14 MW run-of-river hydropower project located along the Kagera River in South-Western Uganda on the Tanzania-Uganda border. The dam is 8.5 m high and 300 m long, forming a reservoir on 4 km2 of Tanzanian territory and the electricity produced by the hydroelectric plant is evacuated via a 33…

Power Regulator ERA Launches Consumer Interaction & Permits Installation Centre

In a bid to streamline the installation and supply of power in Uganda, the Electricity Regulatory Authority (ERA) has unveiled the Consumer Protection and Installation Permits Center (CPIPC), which shall be the main interface between the Authority and electricity consumers in all categories of consumption i.e domestic, commercial, medium industrial, large industrial, extra-large industrial and…

Bugisu Sub-region MPs Want Gov’t to Compensate Mbale Floods Victims Instead of Relocating Them

Members of Parliament from Bugisu region have asked Government to give residents affected by flooding in the Elgon region cash compensation to facilitate their relocation. This call follows the rains and floods which have seen over 20people killed in Mbale City and Kapchorwa district. Addressing a press conference on Monday, 01 August 2022, the MPs…