Uganda's Central Bank has agreed to refund the money moneybags, Sudhir Ruparelia deposited in forex bureaus. Sudhir had accused the Central Bank of holding onto the money in question in a bid to coerce him into negotiating a case where he is accused of purportedly causing the collapse of Crane
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Tech-savvy Ugandans prefer the volatility in concurrency trading, the most popular virtual currency, to their prospects in the continent's job market. On Wednesday, KLF Coin held a VIP Dinner at Hotel Africana in Kampala. The VIP Dinner was organised to educate Ugandans about Block-chain Technology and the opportunities that come with
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Another dfcu bank boss has resigned leading to more speculation about the bank's stability. Dr. Winifred Tarinyeba Kiryabwire, who has been a director on the board of Dfcu bank has left her post. Reports indicate that Winifred resigned due to commitments she is due to undertake in another entity. She
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Uganda's President Museveni on Friday morning visited the mausoleum where Mzee Jomo Kenyatta sleeps and paid respects. Museveni visited the mausoleum where founding president Jomo Kenyatta rests and paid my respects He later visited President Daniel Toroitich arap Moi and Ugandan Speaker of Parliament, Rebecca Kadaga, who are in hospital.
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By Mirror Investigators into a Boeing 737 MAX crash in Ethiopia that killed 157 people have reached a preliminary conclusion that an anti-stall system was activated before the plane hit the ground, according to reports. The Wall Street Journal reported on Friday that preliminary findings from the "black box" recorders
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Sugar shipped from Uganda grew 30 times in February compared with the same period last year in what the sector regulator attributed to a sharp decline of the cheap variety of the commodity locally, Business Daily reports. The volumes imported from Uganda hit 12,000 tonnes in two months to February
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Members of Parliament (MPs) in a special sitting on Friday approved the Shs280.1bn meant for the purchase of the two bombardier aircrafts to be used by Uganda Airlines. MPs had earlier refused to approve the supplementary budget due to the controversy surrounding the ownership of the national airline. Although MPs
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A lawsuit against the airplane maker Boeing has been filed in a United States federal court by the family of a man who died in the Ethiopian Airlines crash earlier this month, BBC reports. All 157 crew and passengers were killed in the accident. The relatives of Jackson Musoni, a
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Uhuru is trending on Twitter in Kenya as some people ask whether President Uhuru Kenyatta taking his Ugandan counterpart Yoweri Museveni on a train ride was a stunt to get more money from China. The two leaders on Thursday travelled some 480km (298 miles) on the Chinese-funded Standard Gauge Railway
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By Drake Nyamugabwa The Uganda Tourism Board (UTB), a government body charged with promoting Uganda as a preferred tourism destination, check for standards in the sector and classify facilities among other functions has started registering and licensing tourism facilities in Uganda including accommodation facilities in order to ensure quality standards.
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