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Xrated Money

Movit offers Shs 25m as sponsorship package for Miss Uganda

By Nathan Atiluk info@xrated.co.ug Movit Products Limited, a cosmetics manufacturer in Uganda has joined this year’s search for Uganda’s beauty queen. As the crowning for the Miss Uganda Queen who will replace the reigning one Zahara Nakiyiga comes to and end, Movit has come on board as title sponsors. As part …

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Huawei Jumps to Number 72 on Interbrand’s Best Global Brands Report

Huawei ranked 72 on the Interbrand’s 2016 Best Global Brands report, moving up 16 spots from its ranking in 2015. This is the second consecutive year Huawei has risen on Interbrand’s list since the company became the first mainland Chinese brand to be recognized as a Best Global Brand in …

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Movit wins Best exhibitor award at the Trade Fair

By Nathan Atiluk info@xrated.co.ug Cosmetics manufacturer Movit Products Limited (MPL)has won the best overall exhibitor award at the 24th Uganda International Trade Fair. The award was handed over to the Movit team by his Excellency president Yoweri Museveni on Thursday evening, during the official opening ceremony. At the Trade Show …

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UNRA Lawyer in trouble over Shs58 million meant for Mukono –Katosi Road

By Edgar Watema info@xrated.co.ug Uganda National Roads Authority (UNRA) has for long had issues with the Mukono –katosi road construction to an extent that many engineers of UNRA lost their jobs .As if that wasn’t enough, on Wednesday Members of Parliament  of the Parliamentary Committee ,state enterprises and the State …

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MP Muhammad Nsereko asks for 800 Million from Statehouse to crash Kiiza Besigye

Kampala central MP Muhammad Nsereko is asking statehouse for more than 800 Million shillings to be able to destroy Kizza Besigye in the media. According to a leaked WhatsApp chat between him and  Lucy Nakyobe the statehouse controller the lady who is said to carry the president’s money. He also wanted …

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Ex Spy Chief and Minister Jim Muhwezi named as Sudhir Ruparelia’s Ex Business Partner in Crane Bank

It has always been suspected that Big government officials have shares in Crane Bank. And as the Bank tries to sell part of its stake to a strategic investor, the secrets of the owners are starting to be revealed. Ex-Minister Jim Muhwezi has been named as one of the owners …

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Diamond Platnumz buys Ivan Ssemwanga a house in South Africa, saves him from Renting 

There is always that saying about men who have got nothing on their competition. Well it turns out even with all the prop money in the world and the show bizz including superstar  call girls. Ivan Ssemwanga could not afford to buy a house for his Children and it has …

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REVEALED: Sudhir Ruparelia no-longer controls crane Bank, here is the list of owners

Sudhir Ruparelia is no longer in control of Crane bank. According to documents we have seen, there is a new company that has Kept Accumulating shares in the Bank. This will come as a shock to many Ugandans who have always assumed Sudhir Ruparelia is the sole owner and controller of …

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EXPOSED; The 2 Secret reasons why Sudhir Ruparelia is selling Crane bank

When news broke that Crane Bank was on the market and was looking for an investor, there was an uproar.  Ugandans had many theories on who owns the bank. However, the shocking statement from the bank was the icing on the cake.The bank in its statement, simply stated they were …

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Hima announces plans for a new cement plant in Tororo

Hima Cement Limited has today announced that it is embarking on a capacity expansion strategy that will start with the construction of a Grinding Station in Tororo, Eastern Uganda, in the first phase. The $40 million investment in Nyakesi, Rubongi will lead to an additional c1 million metric tons of …

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