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BoU To Cough Billions In Costs After Withdrawing Appeal Against Sudhir

In an unexpected turn of events, Bank of Uganda (BoU) on 15th September announced it was withdrawing Civil Appeal No. 7of 2020 which they (via Crane Bank Limited (in receivership) has logged in the Supreme Court against businessman Dr Sudhir Ruparelia and Meera

September 19, 2021

Lifestyle

Luxurious Bukoto Heights Slashes Accomodation Rates In It’s September Promo

Luxurious Bukoto Heights, Kampala’s fully furnished spot for accommodation has revised its room rates in a bid to reward loyal clients with a timeless luxury staycation at the swanky apartments. In the promo announced through its socials, Bukoto Heights says its single-room

September 18, 2021

Entertainment

Luxurious Speke Resort Munyonyo Hosts Canary Mugume, Sasha Furgeson Wedding Ceremony

Uganda’s most sumptuous, luxurious and flashy Munyonyo Commonwealth Resort has hosted a lavish wedding ceremony of NBS TV News anchor Canary Mugume and longtime fiance Fiona Naggirinya aka Sasha Ferguson. After years of dating, the Mugumes have been joined as husband and

September 18, 2021

Politics

Court Dismisses Second Election Petition Against MP Nantaba

The High Court in Mukono has dismissed the second election petition against the Kayunga Woman MP Idah Nantaba. The petition was filed by Jacqueline Kobusingye Birungi. Birungi who contested as an independent candidate accused Nantaba of forging the A-level results she presented

September 17, 2021

East Africa·Security

Uganda Safely Deports 15 Rwandese As It Continues To Repatriate Bodies Of Ugandans Killed By Rwandan Security Operatives

The Ugandan government has deported 15 Rwandan nationals who have been under security arrest, according to a highly placed security official. The Rwandan nationals were deported through the Uganda, Rwanda border of Mirama Hills in Ntungamo district on Wednesday. According to the

September 17, 2021

Business

‘No One Is Above The Law’- City Lawyer Ssemakadde Commends Tycoon Sudhir For Flooring, Exposing Rot At BoU

Award winning human rights lawyer Isaac Ssemakadde of -Center for -Legal Brains Trust has congratulated City tycoon, philanthropist Dr. Sudhir Ruparelia upon a landslide win. After years of endless battle in various courts of law in Uganda, the Bank of Uganda this week

September 17, 2021

Business

MP Abdul Katuntu Welcomes Constitutional Court’s Stripping Of Legal Immunity From Bank of Uganda Officials

Bugweri County Member of Parliament Abdu Katuntu has welcomed the ruling by Constitutional Court stripping of legal immunity from Bank of Uganda saying it was long overdue. Mr. Katuntu is a seasoned legislator who chaired the Committee on Commissions, Statutory Authorities and

September 17, 2021

Business

Big Story: Bank Of Uganda Withdraws Appeal Against Sudhir In Crane Bank Saga, Accepts To Pay Costs!

The Bank of Uganda (BoU) has decided to withdraw a Supreme Court appeal that was contesting the Court of Appeal’s dismissal of the case it filed on behalf of Crane Bank Ltd (in Receivership) vs. Sudhir Ruparelia and Meera Investments Ltd. In

September 16, 2021

Business

BoU In Great Panic As Court Quashes Law Sections Binding It From Being Sued Directly

In a landmark ruling by the Constitutional Court, Bank of Uganda and it’s employees have lost immunity against legal proceedings and it can now be sued. Previously, BoU was protected by Sections 118 and 124 of the Financial Institutions Act which stated

September 16, 2021

Education

NCHE Permits Victoria University To Continue With E-learning, Conduct Online Exams

The National Council for Higher Education (NCHE) has granted permission to Victoria University to continue implementing the Emergency Open Distance and e-Learning system and to also conduct online examinations. “I am pleased to inform you that after due consideration, the National Council

September 16, 2021

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