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VIDEO: “These people stole my bank, shared the legal fees in Bank of Uganda” – Furious Tycoon Sudhir Hits At Bank Of Uganda Officials After Court Victory

Minutes after legally slaying Bank of Uganda, for the ninth time, but this time for good, Dr. Sudhir Ruparelia, hit at certain officials of the central bank for stealing his bank, unnecessarily dragging him to court and prolonging the case for selfish

July 17, 2022

Business·Travel

Nakiwogo-Buwaya Ferry Services Suspended For a Day

Uganda National Roads Authority-UNRA has announced the planned interruptions in the services of the Nakiwogo-Buwaya ferry today, Sunday. According to UNRA, the ferry will transport road construction equipment from Zzinga Island to the mainland via Nakiwogo, Entebbe. The equipment was deployed to

July 17, 2022

Crime

Crime Intelligence Officer & Family Die In Nasty Road Accident

Cleopus Bwesigye, a crime intelligence officer from the Kampala Metropolitan South headquarters at Katwe has died in a road crash together with his wife and three children on the Masaka-Kampala highway. The traffic police spokesperson, Faridah Nampiima explains that Bwesigye was traveling

July 17, 2022

Business

Crane Bank Fraud: Why Bank of Uganda Losses In Sudhir vs Crane Bank Left The Banker Of Bankers Naked Beyond Repair

Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as an everyday activity to supervise and regulate the banking sector when they took over and subsequently sold Crane Bank to DFCU

July 16, 2022

East Africa·Uganda

“I had never put on a sweater in Africa and here I was; I didn’t have one!. – Sudhir Recounts Memories of Amin’s Expulsion of Asians from Uganda Ahead of 50th Anniversary

On 4 August 1972, the then President of Uganda Idi Amin Dada ordered the expulsion of his country’s Asian minority, giving them 90 days to leave the country. At the time of the expulsion, there were about 80,000 individuals of Indian descent

July 16, 2022

Business

“The future i see is people will have upcountry homes and only do apartments in cities” – Sudhir Advises Youth To Go Into Real Estate Business

Billionaire and Chairman Ruparelia Group of Companies, Sudhir Ruparelia has advised Ugandans to put their money in the real estate business because it’s one of the few businesses that can endure storms of Uganda’s economy. In an exclusive interview with this website,

July 15, 2022

Politics

“You’re Incompetent”- Over 20 EALA Aspirants Sue NRM For Ring Fencing Positions

Twenty-three-23 aspirants have petitioned the High Court to restrain the ruling National Resistance Movement-NRM party from implementing its decision to ring-fence six positions of members of parliament for the East African Legislative Assembly-EALA. The applicants are part of more than 100 people

July 15, 2022

Business

OP-ED: Why Is Government Favouring Foreign Investors Over Local Investors?

By Ojok Smith Gulu: Will government survive fire for favouring foreign investors all the time against local businessmen? Moreover, when this is supposed to be a government by the people and for the people? Currently the government of Uganda is under heavy

July 15, 2022

Crime

Continued Detention Of Rwenzururu Guards Not Fair – MP Katusabe Voices Frustration

Bukonzo West Member of Parliament, Hon. Atkins Katusabe has voiced his frustrations over the continued incarceration of Rwenzururu guards, who were arrested in 2016 after clashes with security forces. Katusabe said he continues to get reports about the failing health of the

July 14, 2022

Security

Museveni Appoints New Court Martial Boss, Gen. Gutti Sent Home To Rear Goats

President Yoweri Kaguta Museveni who is also the Commander in Chief of the armed forces has appointed a new chairperson of the Makindye based military court (General Court Martial). The new name that will feature the proceedings of the court martial will

July 13, 2022

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