Bitature-led Umeme board held successful AGM in Kampala

Bitature-led Umeme board held successful AGM in Kampala

Umeme Ltd, announced today that the Company’s Annual General Meeting (AGM) held on Thursday, May 9 2019, voted to support all of the resolutions that the Board of Directors and Nomination Committee proposed to the shareholders. The AGM re-elected Mr. Piet AdriaanFaling and Mr. Anthony Marsh as directors of the Board and re-elected Mr. Patrick […]

dfcu law firm Sebalu Lule blocked from Crane Bank

dfcu law firm Sebalu Lule blocked from Crane Bank

Businessman Sudhir Ruparelia has successfully blocked law firm Sebalu, Lule and Company Advocates from representing DFCU Bank in the court case he filed against the bank for refusing to pay rent fees now amounting to Shs2.9 billion for premises formally owned by Crane Bank. In the ruling read to court Monday morning,  Justice Paul Gadenya […]

Pepsi announces 1st batch of promo winners

Pepsi announces 1st batch of promo winners

Have you ever imagined enjoying a lavish holiday in Dubai? For lucky winners Magdaline Kasuku, Okello Tonny Alex, Atusingwize Jonan and Nakigudde Mariam Bonita this dream just turned into reality because of Crown Beverages’ promo dubbed “Tukonectinge with Pepsi,”. The two doubles and one more were the first batch of winners to be announced in […]

School shoes giant Bata marks 53 years in Uganda

School shoes giant Bata marks 53 years in Uganda

Not many companies get to make it past their first birthdays, so you could understand the excitement when Bata Shoe Company went all out last Saturday as they celebrated 125 years in existence worldwide and 53 years in Uganda. The Square Place-along Third Street industrial Area was the venue for the invite only, glitz and […]

UPDF commandos will not simply leave Makerere University – Karemire

UPDF commandos will not simply leave Makerere University –  Karemire

Uganda People’s Defense Forces – UPDF will only leave Makerere University on the request from management, the Defense Ministry Spokesperson, Brigadier Richard Karemire has said. He was speaking on the petition by Makerere University students to parliament demanding the withdrawal of the military from the University. The student’s petition stemmed from the deployment of Military […]

Govt now to lend US$ 379 million to suspect Lubowa hospital investor

Govt now to lend US$ 379 million to suspect Lubowa hospital investor

MPs have questioned the move by Government to guarantee a loan of US$ 379 million for an investor for the construction of an International Specialised Hospital in Lubowa in Wakiso district. It came after Government through the Ministry of Finance and Economic development sought authorisation of parliament to issue Promissory Notes of up to US$379M […]

MPs side with landlords in new property bill

MPs side with landlords in new property bill

Dr. Chris Baryomunsi, the State Minister for Housing has defended the Landlord and Tenant Bill, 2018, saying it seeks to introduce a comprehensive law to regulate the relationship between landlords and tenants. He was presenting justifications of the Lands, Housing and Urban Development for the Bill before the Committee on Physical Infrastructure, which is scrutinizing […]

Innovation Series shift focus to Uganda’s tourism potential

Innovation Series shift focus to Uganda’s tourism potential

KAMPALA, 22nd January 2019 – Kampala based brainchild Burson Cohn & Wolfe (BCW), formerly brainchild Burson-Marsteller, has unveiled the third edition of Innovation Series, and announced two new partners for the event; Roke Telkom and Golf Course Hotel, in its bid to promote innovation in business. Mr. Walter Wafula, Business Unit Head- PR, Brainchild BCW, […]

Robberies, burglaries to increase during christmas – Police

Robberies, burglaries to increase during christmas – Police

There is an increase in the number of robberies, burglaries and petty theft, with police warning that the situation is likely to worsen during the festive season. An average of three cases of robberies, four house break-ins and 34 petty thefts involving pick pocketing, snatching of handbags and phones, have been reported in the last […]

Govt appetite for borrowing out of control – Amos Lugoloobi

Govt appetite for borrowing out of control – Amos Lugoloobi

The chairperson of the Budget Committee of Parliament Amos Lugoloobi has advised government to rein in its appetite for borrowing. Lugoloobi observes that government uses domestic borrowing to plug budget deficits and this has led to the private sector being squeezed out of the credit market. At the start of the month Parliament demanded for […]

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