Business
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1.4KDFCU Top Director Resigns as Bank Profit Drops by 51.6%
KAMPALA : A top Director has announced resignation from dfcu Ltd, the company that runs dfcu Bank, which has been accused for controversial...
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1.5KRwanda ready to stop imports from Uganda as political standoff stays
KIGALI: As the political stand-off continues between the two countries continues, Rwanda’s Minister of Finance and Economic Planning (MINECOFIN), Dr. Uzziel Ndagijimana...
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1.4KCourt sets hearing date for Sudhir, conflicted Lawyers’ case
KAMPALA: April 3 has been set as the hearing date of the case in which city tycoon Sudhir Ruparelia sued city law...
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1.8KLondon-based tycoon endorses Munyonyo Resorts as ‘Official African Conference Centre’
KAMPALA: A Zimbabwean London-based tycoon and Africa’s eighth billionaire, Strive Masiyiwa has said Resort Munyonyo and the Commonwealth Resort, be declared ‘Official...
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1.3KTension as Kadaga forms committee to investigate Shs150b payment to local businessmen
PARLIAMENT: The Speaker of Parliament Rebecca Kadaga has announced a Select Committee to probe the alleged irregularities in the payment of about...
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1.6KCocaCola top Pepsi on list of world’s 100 mega brands in 2017
KAMPALA: Popular soft drinks, CocaCola and Pepsi are first and second on the list of the world’s 100 mega brands, according to Euromonitor...
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1.2KPetitioner to sue MMKAS Advocates over closure of Crane Bank Limited
KAMPALA: A one Steven Masanso has threatened to sue MMKAS Advocates on allegations that the firm fraudulently received money from Bank of Uganda...
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2.6KSudhir, Sebalu and Lule case: Wangutusi tells Justice Alividza to ‘finish what she started’
KAMPALA: Commercial Court head judge Justice David Wangutusi has ‘sent back’ the case between business mogul Sudhir Ruparelia and law firm, Sebalu...
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1.6KKabaka Mutebi trims cabinet to 14 officials, drops Mpanga and Makubuya
MENGO: Buganda King, Ronald Mwenda Mutebi II has chopped his cabinet from 23 to 14 members in a new reshuffle where two...
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1.1KMPs want Mbabazi, Sudhir, GTB directors compensated over illegal closure of banks
PARLIAMENT: Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has in groundbreaking recommendations, called for compensation of directors in three...