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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

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Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi

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The IGG Report that led to firing of KCCA's Kisaka, Luyimbazi, Okello

The IGG Report that led to firing of KCCA's Kisaka, Luyimbazi, Okello

A summary report of the Inspector General of Government (IGG) Beti Kamya shows that Ms Dorothy Kisaka, the sacked executive director of the Kampala Capital City Authority (KCCA), was fired by President Museveni for mainly four reasons. According to the summary report that this publicatio

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Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?

Louisiana's wild horses may have roamed Kisatchie Forest for centuries, but is this the end?

In Vernon Parish, a herd of wild horses has roamed the Kisatchie National Forest for years.Some people speculate that the horses have been there for centuries. And as far as the horses were concerned, the 48,000-acre forest in which they roamed was their habitat. After all, the Vernon Paris

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Jose Mourinho: Roma sack manager who brought them European success

Jose Mourinho: Roma sack manager who brought them European success

After 929 days that included European glory, red cards and effervescent quotes, Jose Mourinho's Roma spell has come to an end.In what was the 60-year-old's 10th full-time role as a manager, his time in the Italian capital saw him win the hearts of the Giallorossi.However a faltering

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Everton and Nottingham Forest charged with breaching Premier League Profitability and Sustainability Rules

Everton and Nottingham Forest charged with breaching Premier League Profitability and Sustainability Rules

Premier League clubs are permitted to lose a maximum of £105m over a three-season period (£35m a season). Due to Forest spending two seasons in the Championship within the latest assessment period, the maximum loss they were permitted was £61m. The Premier League says both clubs have

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