Three journalists attached to the British Broadcasting Cooperation (BBC) in Uganda and Vivian Nakaliika, the wife of NBS TV news anchor, Solomon Sserwanja (in featured photo) are in police custody. The journalists are Godfrey Badebe, Kasim Muhammad and Rashid Kaweesa, URN reports. Security operatives are still searching for Sserwanja. Robert
Read More
Uganda's President Yoweri Museveni and Commander-in-Chief of the Uganda Armed Forces has said that the National Resistance Army (NRA) which later became Uganda People’ Defence Forces (UPDF), has managed to grow from strength to strength in the last 38 years because it was founded on the right ideology that emphasized
Read More
By Agencies Sharing a husband may lead to greater wealth and health, study says Children can thrive in polygamous families and are often better off than those from monogamous households in poor communities, researchers said on Monday, calling for greater cultural sensitivity among campaigners seeking to ban polygamy. In Tanzania,
Read More
The Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) that is investigating the controversial closure and sale of seven defunct banks has summoned Uganda’s Auditor General, John Muwanga (in featured photo) to explain the circumstances under which he came to acquire shares in the defunct Cooperative Bank without the
Read More
Former Executive Director- Supervision at Bank of Uganda (BoU) Justine Bagyenda directed owners of defunct Crane Bank Ltd to buy some assets and liabilities of National Bank of Commerce (NBC) that was co-owned by former Premier, Amama Mbabazi, tycoon Sudhir Ruparelia has said. Appearing before Committee of Commissions, Statutory Authorities
Read More
Every year, Business Focus lists top Chief Executive Officers (CEOs) and business personalities that would define events of a new year. This is largely because these top managers are responsible for key actions and decisions taken in their respective entities which feed into the general performance of the economy. In
Read More
The agreement for the sale of Crane bank to DFCU was shoddy and fraudulent, Former Crane Bank owner, Sudhir Ruparelia has said. According to Sudhir, the Purchase of Assets and Liabilities (P&A) agreement signed between BoU and DFCU did not have details of all assets and liabilities that were being
Read More
The Deputy Attorney General, Mwesigwa Rukutana has asked the Commission of Inquiry into Land Matters for more time to explain how government acquired the contested land on Mutungo Hill in Kampala. Government occupies 12 acres of land on Mutungo Hill that was procured from Dr Muhammad Kasasa at 2.4 billion
Read More
By Drake Nyamugabwa Japanese company Kansai Plascon, a subsidiary of the Japanese-based Kansai Paint Company has revealed that after seeing that there will be future growth in sales as a result of the emerging oil and gas sector across East Africa and the construction boom, they have stepped up their
Read More
After twenty years of collective service with dfcu, the curtains finally came down on Juma Kisaame’s two decade illustrious career and leadership at an event that was well attended by customers, industry peers, business associates, friends and family. The Speaker of Parliament Rebecca Alitwala Kadaga who graced the dinner, held
Read More
