A number of high-profile Chief Executive Officers (CEOs) and managers from top companies in Uganda called it quits in 2018. Some were forced out and some exited having guided their companies to relatively safe harbor. Business Focus doesn’t claim to have listed everyone who traded in their seat at the
Read MoreMonth: December 2024
The chieftaincy of Military Intelligence (CMI) is investigating how the case into the murder of a senior police officer was mismanaged by the Police. After months of trying to revive the investigations into the March 17th 2018 murder of senior Police officer Andrew Felix Kaweesi, CMI has now shifted it's
Read MorePolice has come under fire from the Leader of Opposition-LoP, Betty Aol Ochan for blocking the concert of Kyadondo East Member of Parliament, Robert Kyagulanyi alias Bobi Wine on Boxing Day in disregard of a parliamentary resolution. Police blocked the annual concert that was meant to take place One Love
Read MoreThe State Department has urged US citizens to "exercise increased caution" whilst in Tanzania due to concerns over crime, terrorism and official actions targeting people on the basis of their gender or sexual identity, the Daily Nation reports. Violent crime is "common" in Tanzania, the State Department said on Wednesday,
Read MoreIt appears Ugandan based tycoons are still a force to reckon with. From impeccable sources, we have established that tycoon and Rich gang founder Ed Cheune has added a monster GLE Mercedes AMG, 2018 model to his fleet. This car costs about UGX 400M. We have further learnt that he
Read MoreThe presidential election in the Democratic Republic of Congo - due to take place on Sunday - is being postponed until March in three areas, the BBC reports. The electoral commission blamed insecurity and an Ebola outbreak. The decision appears to cancel the votes of more than a million people
Read More2018 Review: Banking Sector Recovers As Total Assets Hit Shs29 Trillion
Going by official figures from the Bank of Uganda (BoU), the banking sector has overcome the turbulent times that culminated from the 2011 crisis to register an impressive performance in 2018. It should be noted that the 2011 election expenditure saw inflation as well as interest rates cross the 30%
Read MoreInvestigative magistrates in France have dropped charges against nine Rwandan officials investigated over the death of the country’s president in 1994, an event that led to a genocide that killed more than 800,000 people, a judicial source said. France launched the investigation, that also targeted Rwanda’s former defence minister James
Read MoreThe Uganda Police have blocked a Boxing Day concert organised by Kyadondo East lawmaker, Robert Kyagulanyi aka Bobi Wine at his One Love Beach in Busabala. According to the police, the organizers of the show did not meet minimum requirements to hold the show, something Bobi claims is false. He
Read MoreKyadondo East MP, Robert Kyagulanyi aka Bobi Wine has attacked President Yoweri Museveni for blocking his musical show, describing him as ‘brutal’. Below is Bobi Wine’s statement he shared on his official Facebook page. Dear friends, The situation at One Love Beach is tense. It has been turned into a
Read More