Why Uganda is the Best Investment Location in Africa


Uganda enjoys a unique location at the heart of Sub-Saharan Africa within the East African region and lies astride the equator. The country is bordered by Sudan in the north, Kenya in the east, the United Republic of Tanzania in the south, Rwanda in the southwest and the Democratic Republic of Congo in the west. This land linked position, gives the country a strategic commanding base to be a regional hub for trade and investment. Uganda enjoys pivotal trade partnerships that create a viable market for business. A potential investor…

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Kasekende’s Hidden Wealth shocks Nation.


Louis Kasekende, the deputy governor Bank of Uganda, is a filthy rich man whose estate has been valued at over Sh20.6Bn. His multibillion empire is composed of prime plots of land, plus properties and assets located within various Kampala suburbs. However, a recent investigative audit into Kasekende’s multibillions empire reveals that he either under-declared or refused to declare most of his properties with the Inspector General of Government, as per the demands of the Leadership Code. The audit conducted by professional city valuer Bold Capital indicates that Kasekende secretly owns…

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Rosebud,Premier Roses Flower Production Capacity Shoots Up


  Ravi with  staff in the flower packaging hall at Rosebud Both  Rosebud Flower and her sister company  Premier Roses have been commended by the government for being in the forefront of enabling the country earn huge amounts of foreign currency in terms of taxes courtesy of their ever increasing production output. The remark was last week made by the state minister for trade and cooperatives Michael Werikhe at his ministry offices at Farmers’ house in Kampala during an exclusive interview with the Xpresstimes when sought his comment about the…

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Ruparelia Group Wishes Well Kampala Parents’ School PLE Candidates


Principal Daphine Kato in deep prayer for her candidates as Ref.Fr. Luzindana looks on By Kitts D. Mabonga The Ruparelia Group bosses have urged God to prevail over all candidates who have begun writing their end of year PLE exams this morning across the country  they are confident they would all pass with flying colors. The remarks of both Dr.Sudhir Ruparelia and Rajiv Ruparelia were read out last Friday at the school main auditorium hall during this  years’ dedication prayers for their 235 candidates ceremony who are sitting for their…

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Speke Resort Munyonyo to Host British Royal Family


One of Uganda’s leading 5-star Hotel Speke Reort Munyonyo  is hosting Principle Philip the Duke of Edinburgh , the hotel offers Hotel rooms in Kampala packed with ultimate comfort and elegant luxury for everyone to take home some beautiful memories of the stay Prince Philip will be attending the international Gold event 2020 ward ceremony which Uganda has just won. He will be coming to Kampala with other members of the British Royal Family with over 200 international delegates. William Blick the chairperson Duke of Edinburgh awards Uganda thanked the international…

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Museveni, warns youth against extravagant life while sending off his Uncle


President Museveni ,First Lady Janet and Speaker Kadaga (L) attending the burial of his uncle Mzee Eriya Riisi in Nyakibungo, Kashari in Mbarara district President Yoweri Museveni has challenged Ugandans and the youth in particular to appreciate the goodness in keeping their culture and heritage in the face of modernity in order to sustain the stability of their cultural traits. “Africans have a challenge of keeping culture and combining it with modernity without picking what is relevant. People are too quick to behave like those in the western world. Although…

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Tororo District Deposited Shs267m On Kasekende’s Account


The Deputy Governor Bank of Uganda, Louis Kasekende received a whooping US $71,110 (appox (Shs267 million) from Tororo district. This unexplained action as left some leader perplexed and without answers. The said money was deposited on a joint account number 8700110288700 Standard Chartered bank Speke Road in the names Louis and Edith Kasekende on May 18, 2018.According to the documents seen by Eagle Online, the leaders want to establish purpose the said money. “We are shocked that the said money wasn’t even discussed in council and no one bothered to…

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Kasekende Moved Shs897m Via Mobile Money In 9 Months


Bank of Uganda Deputy Governor Dr. Louis Kasekende transacted over Shs897.060 million through the mobile money platform for the period June 30, 2017 to March 30, 2018, aleaked document from a local telecom services provider has revealed. Kasekendtransacts over Shs3.3 million on the daily basis. During the period, he received over Shs443.808 million from his family and his farm manager Bagonza Kasekende. In the same period, Kasekende sent out over Shs305.734 million (2017) and about Shs136.965 million (2018). The document indicates most of Kasekende’s payments went towards clearing utility bills…

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Ruparelia Group joins labor export Industry


  People who have been hustling to search for jobs abroad need not to look anywhere as their worries are to be handled very soon after a new labor recruitment firm a subsidiary of the Ruparelia group of companies has entered into the labor export industry. According to Mr. Rajiv Ruparelia the CEO Ruparelia group of companies, Premier Recruitment will help Ugandans get jobs good jobs in the Gulf States of Saudi Arabia and Jordan. Mr. Rajiv noted that the newly opened up labor export company will begin its operations…

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BoU Law Firm, Auditor Are Kasekende Wife’s Top Clients


A top lawyer of Bank of Uganda (BoU) is also a top client of Inspire Talent, a company owned by Edith Kasekende (in featured photo), the wife to BoU Deputy Governor, Dr. Louis Kasekende.According to Inspire Talent website, AF Mpanga Advocates owned by David Mpanga is one of their top clients. The law firm is also a top client of BoU. It should be noted that last week, bank account details of Edith leaked to the public showing billions transacted within a short period of time.However, Standard Chartered Bank, where…

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