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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

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FeaturedNews

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

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