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Crime

Sub County Chief Arrested Over Alleged Embezzlement Of UGX 100M

The police in Kakumiro have arrested the Kijangi sub-county chief for allegedly embezzling more than 100 million Shillings. Emmanuel Kasibante is reported to have withdrawn the money from the sub-county account and diverted it for his personal use. He was arrested on

August 8, 2022

Health

Bury Ignorance & Boost Economy! Here Is Why Uganda Should Swiftly Legalize Cannabis Growing For All

It was estimated by the United Nations, last year that the population of Africa was about 1,316,164,487, equivalent to 16.72% of the total world population. In a continent, riddled with bad leadership and socio-economic problems, coupled with the mass exodus of its

August 7, 2022

Politics

Besigye, Bobi Wine Unite After Losing By-elections

Following a string of losses in recent parliamentary by-elections, the political opposition leaders Kizza Besigye and Robert Kyagulanyi aka Bobi Wine have seen it fit for all change seeking Ugandans to unite. The recent opposition loss in a by-election was in Soroti

August 7, 2022

Business·News

REVIEW: How Tycoon Sudhir Floored BoU, Rescue Crane Bank Branches From Dfcu Bank

City businessman Sudhir Ruparelia, who is the proprietor of Ruparelia Group of Companies, is having the last laugh after court ruled Bank of Uganda erred in closing and selling Crane Bank to dfcu bank, after flouting all the regulations of winding up

August 7, 2022

Business

EXCLUSIVE: How Embattled DFCU bank is being haunted by ghosts of defunct Crane Bank as number of Shareholders continues to drop

When DFCU Bank controversially bought Crane Bank Limited (CBL) in January 2017, it immediately became one of the most profitable banks in Uganda as the former owners of CBL cried for the loss of their bank. Dfcu’s boosted its profitability in 2017

August 6, 2022

Sports

Winnie Nanyondo Storms Sunday’s 1500m Final In Birmingham

Middle distance ace Winnie Nanyondo has qualified for the Sunday’s Commonwealth Games women’s 1500-meter final after winning heat two of the semi-finals. The 2018 Commonwealth bronze medalist produced a great performance to win a highly competitive race that was decided in the

August 5, 2022

Business·Health

Here Is How Cannabis Growing Can Create Over 6200 Jobs In One Year, Transform Uganda Into Middle Income State

Marijuana is a lucrative business – or at least, it could be if allowed to flourish within a favorable legal climate. If legalized at all levels, cannabis has the potential to generate billions in revenue, provide millions of jobs, and save billions

August 3, 2022

Business

Tycoon Sudhir Tips On Rightful Investment For Upcoming Entrepreneurs

Although Meera Investments Limited, the property development arm of the Ruparelia Group was formally registered in 1994, the Chairman and Founder of the giant Ruparelia Group started investing in property in 1986. Today Sudhir has over 400 office, retail, industrial and residential

August 2, 2022

Business

How Richard Omongole Predicted Bank of Uganda To Kill The Ugandan Economy

Uganda’s post coronavirus economic failings are going to come from the IMF/world bank supervised theoretical economist at bank of Uganda. You borrow $ 491.5 million, then $151m will go to budget support and UDB . A whole $340m just for bank of

August 2, 2022

Hot Take·Trending

Fight Against Corruption: Gov’t Knifes All REA Employees In Bid To Boost Service Delivery

The Government of Uganda have fired all the staff of Rural Electrification Agency (REA), The Capital Times have learnt. This follows a notification from the Ministry of Energy that their contracts which end in October will not be renewed. Energy minister Ruth

August 2, 2022

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