Author: Vincent Mukama
· “Shs 13 Billion Silo Project for Uganda Prisons mired in controversy” · “Asiimwe’s Innocence As Forensic Experts Fails To Link Him To Forgery” · “Taifa Partners Managing Latest Victim Of Predatory Money-lending” The general public attention has been drawn to three online stories purporting to report Court proceedings at Buganda Road Chief Magistrates Court under Criminal Case Number 0834/2023: Uganda v Asiimwe Emmanuel. However, the online publications on www.monitor.co.ug, www.insightpostug.com , www.eyewitness24.net reflect lies, fabrications, inaccuracies and baseless allegations intended to tarnish the good names of Kamusiime Joseph, Okello Charles, Assa Tumwesigye and the corporate name of Davanti Union Ltd. We wish to respond to each of…
Embattled city businessman and Company Director at Taifa Partners Limited, Emmanuel Asiimwe left Buganda Road Court on Friday afternoon sweating plasma after the principal witness from Uganda Forensics Laboratory giving expert evidence to confirm forgery and uttering false documents. During the fully parked court session that was presided over by the Buganda Road Court Chief Magistrate, His Worship Ronald Kayizzi, the expert led court on the analysis that was done on the suspected signatures of the former Company Secretary Charles Okello that were appended on the Powers of Attorney which Asiimwe used to revoke the Powers of Attorney previously granted…
The Uganda National Roads Authority and the Uganda Road Fund have been dissolved and their functions returned to the Ministry of Works and Transport. This follows the repealing of the Uganda Road Fund Act, 2008 and the Uganda National Roads Authority Act 2006 which created both agencies. The development follows the passing of the Uganda Road Fund (Amendment), Bill, 2024 and Uganda National Roads Authority (Amendment), Bill 2024 by Parliament chaired by Speaker Anita Among on Wednesday, 06 November 2024. The two Bills, once assented to, will operationalise the 2021 government policy on rationalization, which aims at reducing duplication of…
Three government agencies, the Uganda Microfinance Regulatory Authority (UMRA), the Privatisation Unit and the Non-Performing Assets Recovery Trust have been sent back to the Ministry of Finance, Planning and Economic Development. The three rationalization amendment bills were considered and approved by Parliament sitting on Wednesday, 06 November 2024.While reporting on the Tier 4 Microfinance Institutions and Money Lenders (Amendment) Bill, 2024, the Finance Committee Chairperson, Hon. Amos Kankunda, observed that UMRA has not been able to fully execute its mandate. “Whereas the authority managed to licence several money lenders and tier 4 micro finance institutions under their mandate, it has…
Parliament of Uganda has passed the National Coffee (Amendment) Bill, 2024 integrating the Uganda Coffee Development Authority (UCDA) into the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF). This move is part of the government’s Rationalisation of Agencies and Public Expenditure (RAPEX) policy aimed at streamlining public spending and reducing redundant administrative structures. Despite fierce opposition and extensive debates in recent months, the Bill was approved during the plenary sitting on Wednesday, 06 November 2024. The passage of the Bill was marked by delays and objections from some Opposition legislators, with members of the National Unity Platform (NUP) staging a…
The grand plan by State Minister for Investment and Privatization, Evelyn Anite to uproot the UIA Boss Robert Mukiza in order to protect her interests was properly orchestrated at the beginning of this year. It started with the Inspectorate of Government (IGG) surprise and dramatic raid at the Uganda Investment Authority (UIA) offices on January 16, 2024 where laptops were seized. Although the motive is hitherto still obscure, what is clear is that the raid did not yield any tangible results but highlighted the fact that some individuals at the UIA and IGG’s office were in bed with Minister Anite…
There is a looming management crisis at the United Bank for Africa (UBA) Uganda Limited as the sitting Managing Director Chioma A. Mang is being recalled to the headquarters in Lagos, Nigeria. The abrupt recalling of the 58-year-old Nigerian lawyers and senior banker (Chioma) is not a normal transfer but a result of the negative media reports that are associated with the low business development in Uganda. UBA (U) limited a subsidiary of a multinational Pan-African financial services group headquartered in Lagos Island, Lagos and known as Africa’s Global Bank. This has come at a time when she is facing…
A top official at Lagan Group Limited, Andrew Bamanya has been fired over Integrity issues and controversially fueling confusion and mess in the development of the Kampala Industrial and Business Park (KIBP) in Namanve.
Liu Qingshan, 63, and Lu Hanbin, 32, the owners of the Ugandan NEC-WATU Automobile Group United Company, a joint venture with UPDF’s private company NEC were attacked in the wee hours of Wednesday morning. In what appears to be investor wars, two Chinese investors were reportedly attacked in the wee hours of Wednesday morning, September 18, 2024 at their rented apartment in Namanve Industrial park located 10kms East of Kampala, the capital and largest city of Uganda. They have been identified as Liu Qingshan, 63, and Lu Hanbin, 32, the owners of the Ugandan NEC-WATU Automobile Group United Company, a…
Some elements within the police arms of Crime Intelligence (CI) and Field Force Unit (FFU) are on spot for reportedly conniving with individuals within the National Unity Platform (NUP) to fake activism for visa acquisition. NUP activists have for a long time been on the spot for using activism in order to send their members to the diaspora in order to earn money as migrant workers “Nkuba kyeyo”. Impeccable sources indicate that following this undercover motive, some NUP supporters connive with some elements within police and media to pull public stunts by causing chaos and ‘get arrested’ on camera. What…