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Xrated Money

Comedian Salvador’s fiancée turns herbalist

In one of Bebe Cool’s songs titled Sente, there is a line that says “Put your money where you can see it”. It is exactly what Daphne Frankstock girlfriend to comedian Patrick Salvador Idringi is doing. She sees her money in Herbal products like Soap, Body cream and she has …

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URA wants to confiscate MTN property over 327 billion shillings tax bill

The Uganda Revenue Authority has asked Court to let them have a deeper look and possibly punish leading telecommunications firm, MTN Uganda in an ongoing Shs326.9 billion tax claim case. The standoff at the Commercial division of the High Court is due to an outstanding URA tax claim in mobile money …

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UTL is failing because it is doing Business like Crane Bank – MUBS don

Uganda Telecom (UTL) the successor of the Uganda Posts and Telecommunication Company (UPTC) is in problems.  By Professor  Wassaw Balunywa  UPTC as the one time monopoly in the country and by the time the mobile phones hit the country it had only about 40,000 subscribers on the landlines.  It had …

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He lied to us -Bank of Uganda wants 350 billion shillings from Tycoon Sudhir Ruparelia over Crane Bank Collapse

Even with the recent takeover of its assets by rival lender DFCU, the embattled shareholders of Crane Bank Limited (under receivership) are not yet out of the woods as the Bank of Uganda continue to pursue recovery of the bank’s non-performing assets. The central bank has slapped a collective bill …

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The Young Achievers Awards are back

By Nathan Atiluk info@xrated.co.ug The 2017 Young Achievers Awards Nominations are on, the awards back, bigger and better. The awards since its inaugural event is a prestigious initiative has sought to recognize and celebrate outstanding youth in Uganda community that have worked hard and excelled in many realms like Arts, …

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Bell Lager Brand Manager Robert Nsibirwa leaves UBL

By Nathan Atiluk info@xrated.co.ug Robert Nsibirwa is these days walking with a marked swag having opened up a Concept Development and Marketing Consultancy firm, Red Circle Limited. The 29 year old who by many people’s standards achieved tremendous success during his six year tenure at Uganda’s oldest brewery, now takes …

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