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Housing Finance Bank Seeks Shs61bn Capitalization From Gov’t

The Finance Committee of Parliament has tasked Housing Finance Bank to offer thorough justification for a Shs61bn capitalization request from government. The government, with 49.18 percent shares, owns the bank jointly with National Social Security Fund -NSSF (50 percent) and the National Housing and Construction Company (0.82 percent). State Minister for Finance

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Red Pepper Directors, Editors ‘Face Treason Charges’

The Pepper Publications Limited Directors and Editors could be charged with treason and offensive communication, sources claim. The Five Red Pepper directors are; Arinaitwe Otim Rugyendo, Mujuni James, Johnson Byara Musinguzi, Patrick Mugumya, Richard Tusiime and the three  editors include; Ben Byarabaha, Richard Kintu and Tumusiime Francis According to sources, they could be made to make charge and caution statements

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Anita Fabiola Pregnant, Tycoon Ed Cheune Responsible

Ugandan cross-border media personality Anita Fabiola is pregnant, sources claim. According to close friends, Fabiola is pregnant for Rich gang founding member Ed Cheune. Recently, a photo of Fabiola's baby-bump emerged online even though no confirmation was obtained. From impeccable sources however, Fabiola swallowed a live seed from Ed Cheune, whom she has

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