Tag Archives: sale

Gulu, Uganda | THE INDEPENDENT | Acholi Cultural Institution is struggling to enforce the ban on the massive sale of land, the paramount Chief, Rwot David Onen Acana II has said. In November 2021, Acholi Cultural Institution banned its subjects from selling more than 50 acres of land. The institution also …

Salé, Morocco | AFP | The alleged leader of a jihadist cell accused of killing two Scandinavian hikers in Morocco admitted to the murders in court on Thursday, saying they were carried out in the name of the Islamic State group. Danish student Louisa Vesterager Jespersen, 24, and 28-year-old Norwegian Maren …

Kampala, Uganda | THE INDEPENDENT | The former Central Bank Executive Director in charge of Supervision Justine Bagyenda has been accused of usurping the powers of the Legal Department, in the Crane Bank Limited saga. The accusation came after reports that Bagyenda engaged external lawyers from MMAKs Advocates to offer …

Kampala, Uganda | THE INDEPENDENT | Parliament’s committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has cited possibility of conflict of interest in the sale of Global Trust Bank to DFCU. The committee in Friday continued its investigation into a decision by Bank of Uganda (BoU) to sale the Bank …

Kampala, Uganda | THE INDEPEDENT | DFCU bank has become the 8th bank to receive a certificate from the insurance regulator, Insurance Regulatory Authority (IRA-U) to start selling insurance products at its 67 branches countrywide. This is backed by the Financial Institutions Amendment Act 2016. During the handover ceremony at IRA …

Government has refuted claims that it planned to demolish the National Theater to pave way for private development.  The claims had unnerved artistes and the general public- with many questioning the rationale used to reach at the controversial decision.   Share on: WhatsApp