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Day: July 13, 2022

Jul132022 by Abel kawereNo Comments
BANG! KIRA ENGINEER JOKINGLY BETS 1K, WINS 125M.

BANG! KIRA ENGINEER JOKINGLY BETS 1K, WINS 125M.

FEATURED, Latest News, NEWS, Politics, SPORTS
It was unbelievable winning happiness for one Fortebetor, a structural engineer from Kira, after hammering a breath-taking 125million. The most amazing bit is that this big win was courtesy of just UGX 1,000 stake, on ticket number 3219069733189999. "I never thought I could win. Actually, this money was just God-given. That day I placed it, I had lost terribly and lost hope. But I still remembered I had some balance of 1,000 on my mobile money account. So, I transferred it to my Fortebet account and jokingly placed this ticket. I nearly collapsed when I checked and only one match was remaining to win 125 million," happily explained the winner when he was picking his money from Fortebet Kololo head office. He noted that he is going to use this money to do more of his site structural work...
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Jul132022 by Abel kawereNo Comments
Government plans to borrow Shs. 202.13 billion to Bailout Roko.

Government plans to borrow Shs. 202.13 billion to Bailout Roko.

FEATURED, Latest News, NEWS, Politics
Government has revealed that the Shs202.13bn required to bailout Roko Construction Company will be borrowed from Trade Development Bank. State Minister for Finance-General Duties made the revelation while appearing before Parliament’s Finance Committee to defend the motion by Government seeking Parliament’s approval to buy shares in Roko. “We proposed that government injects USD42Million an equivalent of Shs152Bn in the company through acquisition of 150,000 preference shares at the nominal value of Shs1m per share; the share premium of 57.13Bn. The share premium is being paid for over 5years. The share premium consists of financing cost and exchange rate costs associated with payment of preference shares over five years from Trade Development Bank,” Musasizi said. The Minister informed Pa...
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Jul132022 by Abel kawereNo Comments
RCCs to continue with boda boda registration amid lawsuit.

RCCs to continue with boda boda registration amid lawsuit.

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Kampala Resident City Commissioners have vowed to continue with the ongoing boda-boda registration despite a petition by the Lord Mayor Erias Lukwago challenging the directive by the Minister for KCCA, prohibiting all unregistered boda bodas from operating in the Kampala Metropolitan Area. Anderson Burora, the Resident City Commissioner for Rubaga Division says that the campaign to regulate the boda boda business in the city is to continue as scheduled despite attempts by the Lord Mayor to halt the process. The exercise will continue as the RCCs meet the Lord Mayor Lukwago to harmonize on the areas of contention. The RCCs say that they have written to the Lord Mayor to draw him into discussions and make him understand the importance of the exercise in formalizing the informal transport sec...
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Jul132022 by Abel kawereNo Comments
NUP unveils new NUP offices.

NUP unveils new NUP offices.

FEATURED, GOSSIP, Latest News, NEWS, Politics
The leading opposition National Unity Platform has proved to Ugandans that they are a serious political party as they set to start construction of their new head offices in Kampala. The National Unity Platform party is set to shift from its old Kamwokya based head offices after completing the procurement of prime land in Kawempe division. Party President Robert Kyagulanyi while speaking at the groundbreaking event on Tuesday, said they decided to move away from their home in Kamwokya, which was too small for some party activities. “We are doing this to show that even though this idea started with me, it is not mine alone. This is now your home. It is the headquarters of the incoming government,” he said. Kyagulanyi also said the new office is intended to set them aside from the National Re...
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