Kampala High Court Judge Yasin Nyanzi has granted bail to Nakawa Municipality MP Michael Kabaziguruka who faces treachery charges before the General Court Martial. Justice Nyanzi ordered Kabaziguruka to pay sh5 million in cash on top of signing a court bond of sh10m before he regained his freedom. The judge …
Read More »Bank of Uganda takes over management of Crane Bank
The Bank of Uganda has with effect from today taken over management of Crane Bank Limited. According to a statement, the action has been taken upon the determination by the Bank of Uganda that Crane Bank Limited is significantly under-capitalised. BOU has appointed a statutory manager, Edward Katimbo Mugwanya, to …
Read More »Uganda draws Ghana, Egypt again in AFCON finals
AFCON2017 DRAW Group A – Gabon, Guinea Bissau, Cameroon, Burkina Faso Group B -Algeria, Zimbabwe, Senegal, Tunisia Group C – Ivory Coast, Togo, Morocco, DRC Group D – Ghana, Uganda, Egypt, Mali January 17 – Uganda vs Ghana January 21– Uganda vs Egypt January 25 – Uganda vs Mali Uganda Cranes will come up …
Read More »VIDEO: Is Kadaga a media enemy?
VIDEO: Once a media darling, Speaker of parliament Rebecca Alitwala Kadaga has turned controversial with a number of accusations against the media. Kadaga eventually dragged the media into the Parliamentary committee, an occurrence which is also a first of its kind. The question is, how did the media fallout happen? Share on: WhatsApp
Read More »UWA loses 50, denies extrajudicial killings in park
The Uganda Wildlife Authority (UWA) has refuted reports that it has been involved in extrajudicial killings of members of communities living near national game parks. This follows media reports that seven civilians were shot dead in August by game rangers in Murchison Falls National Park. The reports indicated that the civilians killed were not armed. UWA …
Read More »Court Martial sets November 8 for Kabaziguruka hearing
The General Court Martial at Makindye has set November 8, 2016 to commence hearing of a treachery case against jailed Nakawa Municipality MP Michael Kabaziguruka. This after lead prosecutor Maj. Raphael Mugisha informed the 7-member court chaired by Lt. Gen Andrew Gutti that investigations are complete and he is ready to summon witnesses to …
Read More »Vision Group to pay Shs 50 dividend per share
Despite a notable decline in profits, the Vision Group will pay its shareholders a dividend of Shs 50 per share, which translates into a total of Shs 1.4 billion. The dividend, which will be paid on or before Jan 18, 2017, is a little higher than the Shs 35 the …
Read More »Winners and losers at UMA fair
TRADE FAIR: Unstable prices, tough economic times scare international exhibitors I arrive at the Uganda Manufactures Association grounds in Nakawa, Kampala on Oct.07 at around 9am for the 24th Uganda International Trade Fair. After making my way through the muddy parking lot to the gate, I join a queue of …
Read More »Skin and hair care entrepreneur Rutebemberwa shows how
Peninah Rutebemberwa is a tele communications engineering graduate who took on self employment upon the expiry of her four-year work contract with an engineering firm in 2014. She started Moisture Well, a skin and hair care products business, on discovering a growing demand for natural hair and skin products. The …
Read More »VIDEO: Besigye flies to the US for private meeting
VIDEO: After being stopped early in the day as he attempted to go to court, former presidential candidate Kizza Besigye was later in the day allowed to leave his Kasangati home. He revealed he was heading to Entebbe airport for a trip abroad. Share on: WhatsApp
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