DFCU CHAIRMAN, JIMMY MUGERWA CONNIVED WITH BAGYENDA TO HIDE CRANE BANK BAD LOAN BOOK RECORDS

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As a parliamentary committee started quizzing Bank of Uganda (BoU) top officials on the seven closed banks, classified information indicates that former Executive Director in charge of Supervision Ms. Justine Bagyenda, while still at the central bank connived with Dfcu executives led by Bank Chairman, Mr Jimmy Mugerwa to keep Crane Bank’s bad books off the record as a way of sweeping their dirt under the carpet since the deal was done. The bad books are records indicating details and securities of people that take loans from any lending institution.…

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Speke hotel quiz nights finals on this 14th December

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Trivia, quiz and Karaoke is a night that happens every Wednesday at Rock Bar next to Speke Hotel. It is a night hosted by Yours Truly and is a multi-threat of poetry, quiz and Karaoke brought together as the Holy Trinity of the best entertainment Kampala night life has to offer. The poetry showcases premier spoken word poets who have made names across the region of East and Central Africa with their swagged-up and smoothed-out word-play. Then we have a quiz which digs deep into your knowledge in order to…

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Victoria University Ends 2018 On The High

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The year 2018 has been a great year for Victoria University, both on the social and academic side, the Vice Chancellor Dr. Khrisna N. Sharma and  guild president Maria Peggy Nabunya said while speaking at the University end of year party which was over the weekend held at Speke Resort Munyonyo. The University vice chancellor Dr. Krishna N. Sharma acknowledged that while they are yet at the high level they want to be, the year 2018  has been a good year. “We haven’t reached that level that we want as…

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Govt Clears Victoria University On Oil & Gas  Training Project

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Dr.Sharma (M) is joined by other officials to celebrate an award they won recently. By Kitts D.Mabonga As  the country prepares to reap big from the much anticipated Oil and Gas exploration program of which many look at as a new economic income turning point , many still  expressed concerns about the country’s  almost zero sector  human resource capacity potential in  as far as jobs for Ugandans is   concerned. However the government has reassured the country that plans to help train hundreds of locals in this new sector have been finalized…

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Money BoU Will Pay Lawyers During COSASE Hearing Is Astronomical

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Bank of Uganda will pay Shs25 bn to private lawyers who will represent and offer legal services during the inquiry by the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (Cosase), media reports said. Daily Monitor recently said MPs on COSASE are reviewing the new documents which include invoices presented by external lawyers for payment of legal fees. These include  tax invoices/debit note to BoU legal counsel contain, among other things, the 18 per cent Value Added Tax (VAT) charge, professional fees, and other detailed expenses covering photocopying of…

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KISU Hosts 2nd Successful Xmas Festive Carnival

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  By Kitts D.Mabonga Last Saturday all roads led to the Bukoto based Kampala International School Uganda [KISU] were the  2nd Christmas Carnival fete  was held  and without disappointment, hundreds of guests turned up and  participated in various  merry making activities. Dr.Sudhir tries to take a picture of his wife Joystna and daughter Sheena (middle) during the Carnival at KISU The celebrations that kicked off by 10Am  were characterized by children participating in  sorts of games, exhibition for various items like   Kitenge clothes, art and crafts, live stage  music shows,…

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MTN sponsors Jose Chameleon’s “Legends Saba Saba” concert

Jimmy Ssempuuma MTNs Regional Marketing Coordinator Central adressing the press together with Jose Chameleon and Balaam Barugahara

  Jimmy Ssempuuma MTNs Regional Marketing Coordinator Central addressing the press together with Jose Chameleon and Balaam Barugahara  Kampala – MTN Uganda has  announced sponsorship of Jose Chameleon’s “Legends Saba Saba” concert slated for Friday, 7th December 2018 at the Lugogo Cricket Oval. Chameleon, whose music recently crossed the 20-year mark, has been one of the long-term musicians that MTN Uganda has supported over the years. According to Valery Okecho, the Manager Corporate Communications at MTN Uganda said that for the last twenty years, the telecom company has supported the music industry and…

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KASEKENDE ILLEGALLY -BROUGHT BACK MILTON OPIO AFTER INTERDICATION FOR STEALING 13.4bn IN OPM SCAM

Shocking details about the director in charge of security at the bank of Uganda Milton Opio-Orech have emerged. For those who doesn’t remember, Milton Opio-Orech formerly worked at bank of Uganda as Senior Principal Banking Officer as Director banking. Opio was accused of aiding fraud in which government lost over shs13.4bn under Northern Uganda. He connived with Geoffrey Kazinda, to withdraw billions of shillings meant for post-war recovery efforts in northern Uganda and Karamoja sub-regions using forged signatures. Opio did not consult OPM former Permanent Secretary Pius Bigirimana whose signature…

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500 Graduate At UICT,Urged To Fight Joblessness

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Minister Nantaba behind lady with mice moves out of the graduation venue  alongside a host of officials. By Kitts D.Mabonga The youth emerging from higher Institutions of learning have been cautioned to stop the culture and mentality of looking at the government for jobs because they are not available anyway. The words of caution were Friday made by the State minister for ICT Aidah Nantaba while officiating at the 12thGraduation ceremony for the Uganda Institute of Information Technology [UICT] Nakawa were over 499 students scooped certificates and diplomas among them…

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CAA  Injects   shs 25M  Into  Uganda Seniors Golf Tournament

Uganda Seniors' Golfing Society Chairman Jackson Karyagokwe(L) With Dummy Cheque From CAA Officials (1)

  (By Peacock Kaweesa) The Civil Aviation Authority  has  injected  over twenty   million shillings (shs25M) into this year’s  Uganda  Seniors  Golfers Tournament to be held over the weekend at the Kitante golf course. The aviation authority is sponsoring  the  Uganda Seniors’  Golfing Society  in  organizing  the year’s   biggest  golfers’ event ,scheduled  for  1st -2rd  Dec 2018. Over  two hundred  senior and amateur golfers  from the  East African region  are expected  to participate in the  2days  event  and flagship event  kick starting the aviation week. The aviation authorities headed  by Mr.  Vianney  Mpungu …

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