Business
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2.8KBig Story: Panic As Simbamanyo Accuses Commercial Court for Conniving With Sudhir and Equity Bank To Take Over his property
COMMERCIAL COURT, KAMPALA: Peter Kamya, the proprietor of Simbamanyo Estates, has petitioned the Inspector General of Government (IGG) accusing Ruparelia Group’s Meera Investments...
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2.0KEXCLUSIVE: How Tycoon Sudhir rose from grass to become a billionaire
EXCLUSIVE REPORT: Dr. Sudhir Ruparelia is an Ugandan business magnate and investor of Indian origin. He is the chairman and majority shareholder...
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1.2KJoshua Cheptegei ink one-year sponsorship deal worth Sh100m with MTN Uganda
CORPORATE AFFAIRS: MTN Uganda, Uganda’s leading Telecommunications company has announced a one-year sponsorship deal with reigning World Record holder Joshua Cheptegei. The...
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1.4KSPECIAL REPORT: Uganda lost sh164b worth of exports to Kenya due to COVID-19
SPECIAL REPORT: Uganda recorded a $45m (sh164b) decline in exports to Kenya between March and August 2020 over the COVID-19 pandemic triggered...
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1.9KPostBank unveils Board Chairman on Mukono Branch Opening
BANKING & FINANCE: PostBank Uganda Limited has opened its newest branch in Mukono District as the bank continues to expand footprint coverage...
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916URA Records over Shs 1.3 trillion Uncollected Tax Revenue
KAMPALA, UGANDA: The Bank of Uganda (BoU) has confirmed a cash crisis in government worsened by revenue shortfalls in the first half...
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1.8KCourt throws out Simbamanyo Case against Equity Bank and Dr Sudhir
KAMPALA, UGANDA: Commercial Court in kampala has thrown out the case in which owners of Simbamanyo Estates Limited had sought to halt...
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1.9KRuparelia Group wins Shs38bn bid to construct UMEA Apartments and Shopping Malls
BUSINESS: VCON Construction Company Limited, a subsidiary of Ruparelia Group has been awarded a Shs38 billion contract to construct several housing projects...
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1.5KHima Cement unveils new ‘Fundi’ Cement for masonry and plastering works
FEATURES: Hima Cement Limited has on Wednesday launched a new product on the market, Fundi Masonry Cement, a unique kind of cement...
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1.2KEx BoU Officials in Trouble as Whistleblower Petitions Museveni Over Sale Of Defunct Banks
KAMPALA, UGANDA: Former Bank of Uganda Officials are in deep trouble as a disgruntled whistleblower has petitioned the President of Uganda Yoweri...
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979“I am hearing this for the first time” Minister Kasaija dismisses plan to tax bank withdrawals
KAMPALA, UGANDA: The Minister for Finance, Planning and Economic Development, Hon. Matia Kasaija, has refuted reports of a plan by government to...
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1.2KGovernment eyes tax on ATM, bank cash withdrawals
The government is considering taxing cash withdrawals from commercial banks as it is with mobile money in a radical move to increase...
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1.5KHAM vs DTB: Bank of Uganda withdraws from case, leaves DTB to carry own cross
The Bank of Uganda has withdrawn from the case in which Diamond Trust Bank (DTB) seeks to overturn a high court ruling...
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1.1KPrudential Named Most Innovative Life Insurer in Uganda
FEATURES: Prudential Uganda has been awarded the most innovative life insurance company for the year 2020 at the inaugural Insurance Innovation awards...
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1.7KHAM VS DTB: Bank of Uganda exits 102bn Fraud case, DTB to carry own cross
“DTB continues to struggle with the appeal to ensure something is done but it is public domain knowledge that courts can never...
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929MTN Jumps As Earnings Rise On Sale Of Some Tower Assets
By Our Reporter MTN Group Ltd. said profit may have almost doubled last year after the sale of stakes in telecom-tower joint...
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5.1KPremier Recruitment secures over 800 jobs for Ugandans to work in Qatar
BUSINESS, UGANDA: Premier Recruitment Limited, Ruparelia Group of companies owned by business mogul Dr. Sudhir Rupareila has secured a mega contract worth...
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1.1KPost Bank Recognized by UbionPay As Best Issuing Bank In Africa
By Our Reporter UnionPay International, the leading card payment company in the world, has presented the award of Best Issuing Bank in...
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1.8KHAM vs DTB CASE: Bank of Uganda, DTB on the spot for trying to shield an Illegality
HAM vs DTB CASE: As regards the lack of neutrality by BOU, Ham Enterprises LTD lawyers also informed court that according to...
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2.0KMuseveni probes investigation into Muhakanizi as DGF is suspended over subversion
KAMPALA, UGANDA: President Yoweri Museveni has directed the Ministry of FInance to suspend with immediate effect the activities of the Democratic Governance...
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1.7KHAM Vs DTB Case: Appellate judges warn against any compromise as DTB struggles with Court Appeal
According to the law, when two parties enter into a contract that is deemed illegal by the court, the parties are neither...
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Court dismisses BOU’s Appeal to Join DTB-Ham Case
KAMPALA, UGANDA: Court of Appeal in Kampala has dismissed Bank of Uganda’s application seeking to join the Diamond Trust Banks (DTB) vs...
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993Absa Bank (U) named best dealer in government securities for December 2020
CORPORATE AFFAIRS: The Central Bank of Uganda has recognised Absa Bank Uganda Ltd as the Best Performing Bank in Uganda Government Securities...
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1.9KPremier Recruitment Cleared to Fly Out More 200 Ugandans for Jobs in Middle East
KAMPALA, UGANDA: The Ministry of Gender, Labor and Social Development has cleared Ruparelia Group’s Premier Recruitment Limited which will see the company...