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​Standard Liege loans Uganda Cranes Star Farouk Miya to a newly promoted Belgian club

Belgian First Division league club Royal Excel Mouscron has acquired the services of Uganda cranes’ Miya Farouk from Belgian pro league side Standard Liege. By Baker Lwesabula According to an official communication released today (the deadline day for transfers in Europe) by both teams (Royal Excel Mouscron and Standard Liege), …

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MTN owner Charles Mbiire wants billions from MP Betty Namboze over Bailout allegations 

Tycoon Charles Mbiire is threatening to sue Mukono municipality MP Betty Namboze Bakireke for defamation. The MTN Uganda chairman says Nambooze defamed him and his family during the heated debated over a government Bailout for Ugandan tycoons. During the debate, Nambooze posted on her facebook wall that during her time …

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Tycoon Sudhir Ruparelia to collect rent on crane bank buildings as DFCU takes over

As he lost his Bank to a smaller rival, Sudhir Ruparelia is not just getting shares in DFCU bank. He will also be collecting rent from DFCU bank because the bank will now be a tenant of his Crane management services which manages the buildings on behalf of the owner …

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Days after his father is appointed a spy Chief, doctor who killed his MUBS girlfriend  disappears from Prison 

Days after his father Frank Bagyenda was appointed the Head of Uganda’s internal security Organisation ISO, Dr Brian Bagenda, the Mulago Doctor who confessed to killing his MUBS girlfriend Enid Twijukye for cheating on him, has disappeared from police cells. Over the weekend we have learnt that ISO boss Frank …

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Was Kyabazinga William Nadiope duped by President Museveni? Kingdom says it negotiated for a Post of Goodwill Ambassador not a diplomatic post

The Kingdom of Busoga is tied in locks with her subjects over what the subjects are calling the demeaning appointment of their King as an Ambassador, a position that would make him answerable to his Subject Esther Mbayo. The Kingdom says that in its negotiations with the President, they asked …

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6 Billion shillings Presidential Handshake, was diverted from Money meant for Makerere Salaries

The six billion shillings awarded to the 36 members of government by president Museveni for winning the oil case was diverted from Money meant for enhancing salaries of non-teaching staff at Makerere university a parliamentary committee investigating the award has been told. The reward was exposed by an online news …

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Airtel Blocks Phone calls to UTL customers over 9 Billion shillings debt

Airtel Uganda has decided to terminate the interconnection agreement with the defunct Uganda Telecommunications (UTL). According to the latest press release by Airtel Uganda, airtel customers will no longer be able to make or receive calls from UTL effective Friday, February 03, 2017. “Airtel regrets to inform its customers that …

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Transfers: Vipers Young Star completes a one year loan deal With Express FC

By Baker Lwesabula info@xrated.co.ug With just days to the return of the Azam Uganda premier league Second round, Uganda’s red eagles of ‘Express Football Club’ has acquired the services of Vipers soccer club young Star Joseph Semujju on a one year loan deal. According to a communication from the Uganda …

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BAILOUT BY ANOTHER NAME: Billionaire Sudhir Ruparelia gets shares in DFCU Bank after Crane Bank Takeover

Billionaire tycoon Sudhir Ruparelia will get shares in DFCU bank when the bank took over all assets and liabilities of his now defunct Crane Bank. Sudhir, his family, and his Partners Tom Mugenga and a Company known as white sapphire will get shares in DFCU as part of the Bank …

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Vodafone set to buy Airtel Uganda, MTN wins Mobile Money Battle

  India’s Bharti Airtel has announced that it will be exiting Uganda and 14 other countries within a year, with claims that the telecom operator is faced with poor performance across those markets.   The exit would pare the size of operations on the continent and could be completed within …

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