Author: admini
The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion dividend payout to its shareholders. The withdrawal of the dividend payout speaks to the Board’s assessment of risk, post balance sheet date of December 31, 2019 and of the Group’s approach to prudent risk mitigation and management. The COVID-19 global health pandemic has led to a great lockdown which has induced a complex and multi-faceted global crisis of health, economic, and social challenges of an unprecedented magnitude. The pandemic’s effects have…
2020 lockdown Eid Celebrations has also entered the great day singer Rema will never forget. Regardless of the ongoing crisis, Uganda’s most celebrated copuple threw dynamic shoots that has left social media in-laws immersed in mixed reactions. Enjoy the photos here.
For years MTN Uganda and the Muslim community have celebrated their longstanding relationship through sharing a meal at the on-set of the Holy month of Ramadan, followed by the telecom’s handing over of alms to various Muslim communities across the country. This year however, although MTN Uganda could not share a meal with the Muslim community due to the Covid19 social distancing guideline, with permission from the Office of the Prime Minister, the telecom distributed alms to various Muslim communities just like it has always done. This project that underscores the longstanding relationship between MTN Uganda and the Muslim community…
A UPDF soldier Private Kalulu Stephen has been sentenced to five years’ imprisonment by the CMI Unit Disciplinary Committee (UDC) the lower military Court on counts of obtaining money by false pretence. Kalulu Steven got money worth 40M from one Rev Fr Kawanguzi Emmanuel and Rev Father Isanga Joseph Baligeya after deceiving the dual that he works with State House and has connection with the President. He promised to help them bring HE the President to Kamuli mission hospital and encourage him to renovate the same. Kalulu further promised to provide the facility with water tanks from UPDF. The priests…
Members of Parliament have tasked the Ministry of Works and Transport to present a detailed report to the House on the rampant collapse of buildings in the city. This follows a ministerial statement presented to Parliament on Thursday, 21 May 2020 by the Minister of State for Transport on the action taken by the ministry to enforce adherence to building standards and regulations on the numerous accidents occurring at building sites, compensation of affected persons and steps taken to stem the reoccurrence of such accidents. The Minister of State for Transport, Hon. Joy Kabatsi, said the Building and Construction Board,…
High Court in Jinja Wednesday issued an order reinstating the Resident District Commissioner [RDC] Eric Sakwa in his office. “An interim order is hereby issued restraining the respondents (Attorney General and Hajj Kirunda) and their agents from removing Sakwa from office or interfering with his work as RDC in any way until his application his disposed of,” reads an order by Deputy Registrar, Fred Waninda. Sakwa on the same day appeared before Jinja Grade I Magistrate, Agnes Nabafu, but his case could not be heard due to the absence of his co-accused Bizimeya and Simba. Sakwa, 38, was on April…
Flash floods ravaged Kasese district again killing eight people and displacing hundreds. Disaster Preparedness minister Hon. Musa Echweru Thursday joined the Red Cross team, Police and Kasese authorities to conduct assessment on disaster hit area in Kasese. Eight people were confirmed dead; 7 were named while 1 person is yet to be identified. They are; Kabugho Bwangirini, 80, Agnes Matsika, 23, Felistus Kabugho, 17, Rorontina Masika, 45, Yubu Mutsombo, 55, Kayakers Mbusa, 16, Bwambale Kilema, 81, and Lothorach Lokwang, a UPDF soldier attached to Mountain battalion in Bwera. They were swept away by the floods after river Lhubiriha in Bwera…
As the Muslim fraternity prepares to celebrate Eid Al- Fitr over the weekend, the Speaker of Parliament, Rebecca Kadaga has called on Muslims to continue praising and worshiping Allah during the remaining days of the Holy month of Ramadan. She said that fasting in the Quran are the two intercessors for the servants of Allah on the days of resurrection. “Your fasting will give an opportunity for intercessions on your behalf so that your messages reach the Almighty Allah,” she said. Kadaga said this while handing over gift hampers to the Muslim staff of Parliament and journalists under the…
“I have won the victory crown before you,” blogger Ashburg Katto told People Power members on Tuesday. On Monday, Katto visited President Museveni’s farm with a team of other youth. He was introduced to the president by events promoter Balaam Barugahara. Katto said he had gone to present his project proposal called “THE GHETTO INITIATIVE” which is going to see all Kampala ghettos revived. “He [Museveni] taught us farming,” he noted. “After teaching us all the basics of farming and rearing cows, the president gave me five cows (5) and he also gave my other team two cows each.” The…
Members of Parliament are concerned about the delayed roll out of the national rural electrification project following approval of a loan from EXIM Bank. Bududa District Woman MP, Hon. Justine Khainza said that the loan amounting to US$212.6 million is meant to have electricity extended to 287 sub-counties across the country. The project was supposed to be implemented by Tebian Electric Apparatus (TBEA) Company Limited. “Of late, the media has been awash with allegations of financial loss under the Rural Electrocution Agency (REA) and in particular, pertaining to these sub-county projects.,” said Khainza. Hon. James Waluswaka (NRM, Bunyole West) said…