Police in Kampala is investigating a case in which a UK based consultancy firm defrauded Meera Investments a huge sum of money amounting to Shs2.5bn. It is understood that FBW Group, an engineering firm was contracted by Meera Investments to give consultancy in the construction of Speke Apartments Wampeewo and
Read MoreMonth: July 2025
The Uganda shilling strengthened, establishing a new support level of 3650 during the week ending 13th September 2019. Market activity was underpinned by low appetite for Forex from commercial banks and importers. The unit was also supported by inflows from offshore investors participation in the treasury bill auction. Trading was
Read MoreWith over $90 million worth of scholarships, more than 25,000 students and graduates in 156 countries, state-of-the-art campuses opening in Rwanda, Zimbabwe and Uganda and a new partnership with the University of Suffolk in the UK, Unicaf had a lot to celebrate at its annual conference, held on the 30th
Read MoreRuparelia Group Officially Launches Shs36bn Electrical Plaza, Adds Beauty To Kampala’s Changing Skyline
Uganda’s property magnate, Sudhir Ruparelia, who is the founder and Chairperson of Ruparelia Group, continues to change Kampala’s skyline. Although he has had running court battles with Bank of Uganda over the controversial takeover and sale of his bank-Crane Bank Ltd two years ago, Sudhir’s assets have continued to grow,
Read MoreKagingo Urges Ugandans To Use Social Media To Market Uganda As 2019 Miss Tourism Contestants Are Unveiled
Over 30 contestants Miss Tourism for the 2019/20 crown from 12 regions of Uganda have been unveiled. The event took place on Saturday September 13, 2019 at Serena Hotel, Kampala and it was graced by key players in the tourism industry. Three contestants were selected from each of the 12
Read MoreMantra Motorbike EA Ltd introduced the world’s largest two-wheeler company by unit sales; Hero MotoCorp to the Ugandan market. With this, it has redefined Uganda’s transport system with the launch of fast, safe, durable and affordable motorcycles called HERO. The motorcycles are solely distributed by a leading automotive dealer; Mantra
Read MoreProperty mogul, Sudhir Ruparelia has vowed to teach officials at Bank of Uganda a lesson they will live to remember. The revered businessman says that even when he dies, his son Rajiv Ruparelia will continue seeking justice after his bank-Crane Bank Ltd was fraudulently taken over. He added that there’s
Read MoreBy Amon Baita The United Nations’ expert and Foundation for human rights initiative (FHRI)’ Executive Director Dr Livingston Sewanyana will devote his second thematic report to the Human Rights Council to the intersectional topic of public participation and decision-making in global governance spaces and its impact on a democratic and
Read MoreThe United States on Friday revealed that Uganda's former Inspector General of Police Kale Kayihura had banned from entering the super power. In a statement issued by the US Secretary of State Mike Pompea, the ban is part of sanction against Kayihura and his family members over what the US
Read MoreBy Amon Baita The implementation of the Uganda Revenue Authority Digital Tax Stamp Solution (DTSS) is set to go live soon, after the last stage of installing equipment in factories is completed. Speaking during the launch of the taxpayers’ appreciation month for Northern Uganda in Gulu over the weekend, Mr
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