Shs20 Trillion: NSSF driving savers’ assets to record levels

Shs20 Trillion: NSSF driving savers’ assets to record levels

NSSF intends to grow its assets to Shs 20 trillion from the current Shs 8 trillion in their five year strategic plans which should enable them invest outside traditional areas of Oil and Gas. NSSF’s Managing Director, Richard Byarugaba, anticipates that besides ventures in the Oil Pipeline and Refinery Projects whose capital requirements run into […]

Bonn Climate Talks: Uganda reaffirms itself as responsible player

Bonn Climate Talks: Uganda reaffirms itself as responsible player

State Minister for Environment, Mary Kitutu, has on Tuesday articulated to Ugandans about the outcomes of the just concluded 23rd UN Climate Change Conference of the Parties (COP23) that took place in Bonn, Germany. Kitutu who also is the woman MP for Manafwa warned people to stay away from activities that degrade the environment even […]

Museveni suffering from Hubris syndrome -Mushega

Museveni suffering from Hubris syndrome -Mushega

National Resistance Movement (NRM) historical Amanya Mushega has opposed the proposed scrapping of age limits from the constitution, saying power intoxicates far more than alcohol. The former top NRM ideologue turned critic after he walked out of the party in 2005 made the remarks when appeared before the Legal and Parliamentary Affairs Committee on Thursday to submit […]

Central Bank – Sudhir case: BOU lawyers walk away with Shs3.6 billion

Central Bank – Sudhir case: BOU lawyers walk away with Shs3.6 billion

The ongoing legal battle between Uganda’s Central Bank and former Crane Bank owner Dr. Sudhir Ruparelia has taken a new twist with BOU reportedly dropping its pricey external lawyers, Timothy Masembe Kanyerezi of MMAKs Advocates and David Mpanga from AF Mpanga-Bowmans. The two law firms had already been paid as much as Shs 3,600,000,000 by […]

How it all went wrong for IGP Kayihura

How it all went wrong for IGP Kayihura

The Inspector General of Police Gen Kale Kayihura has appointed SSP Emilian Kayima as the spokesman of the force after a recent arrest of senior police officers by the Chieftaincy of Military Intelligence in connection with offences that have left the force’s image tattered. Kayihura’s inside officers being arrested and caged would be like the […]

Kayima replaces Asan Kasingye as Police spokesperson

Kayima replaces Asan Kasingye as Police spokesperson

Asan Kasingye has been removed from his post as Police Spokesman and replaced by Kayima Emiliano who has been Kampala Metropolitan Police spokesman, TheUgandan can exclusively report. Mr Kasingye, who joined police in the late 1980s, has been working in community policing department for most of his time but has not impressed in less than […]

Electoral Commission bruised by Court blocking of LC elections

Electoral Commission bruised by Court blocking of LC elections

Justice Byabakama Mugenyi Simon, the Chairperson, Electoral Commission  has released statement hours after court blocked  Women Council elections due today (Tuesday) and the follow up Local Council I vote slated for next week after more than 15 years of waiting. “The Commission appeals to political parties and organisations, candidates, agents and supporters, and all other […]

Shs90m fraud reported at JAVA House

Shs90m fraud reported at JAVA House

Kampala Metropolitan police are investigating a report of fraud at Kenya’s coffee shop chain Java House in Bugolobi, Kampala. According to police, the suspected crime was reported at around 2.30 p.m. on Monday when distressed Ugandan youth numbering about 100 lost Shillings 900,000 each to the conman for employment. Eyewitnesses said several people turned up […]

Billionaire Abid Alam ‘killed my husband’ claims Mubende woman as businessman faces murder charges

Billionaire Abid Alam ‘killed my husband’ claims Mubende woman as businessman faces murder charges

Billionaire Abid Alam, owner of Kaliro sugar works, steel rolling mills and Mityana farm enterprises is expected to be charged over murder and other charges, Ebert Byenkya the lead counsel of the Commision of inquiry into Land matters has said. According to the evidence presented to the commission in September this year, Mr Alam reportedly […]