business tycoon - Uganda Multimedia News & Information https://www.weinformers.com Politics, Health, Sceince, Business, Agriculture, Culture, Tourism, Women, Men, Oil, Sports Tue, 10 Jan 2012 12:50:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Betty Kamya says she will contest for president again https://www.weinformers.com/2012/01/10/bettykamya-says-she-will-contest-for-president-again/ https://www.weinformers.com/2012/01/10/bettykamya-says-she-will-contest-for-president-again/#respond Tue, 10 Jan 2012 12:50:05 +0000 http://www.weinformers.net/?p=17998 Former Lubaga North MP Betty Olive Kamya says that she will take part in the next presidential elections come 2016. Kamya has told our informers that last time she lost the polls because she did not have enough money and she was a new entrant in the field.  She says that this time she has […]

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Former Lubaga North MP Betty Olive Kamya says that she will take part in the next presidential elections come 2016. Kamya has told our informers that last time she lost the polls because she did not have enough money and she was a new entrant in the field.

 She says that this time she has mastered all the loopholes which made her lose the presidential polls and so Ugandans should expect her to be their next president after Museveni in 2016. Kamya was talking to our informers at her home inKampala.

 Kamya says that she is currently working with people who have money and they are ready to contribute towards her cause. Kamya was the only woman who contested in last presidential polls and she was 4th in the race of five men and one woman.

By Moureen Nakyanzi

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Radio journalists resign job https://www.weinformers.com/2011/12/30/radio-journalists-resign-job/ https://www.weinformers.com/2011/12/30/radio-journalists-resign-job/#respond Fri, 30 Dec 2011 14:39:37 +0000 http://www.weinformers.net/?p=17781   Over 16 journalists at Hot 100 FM radio owned by Kampala’s business tycoon, Isaac Mulindwa who is also the PAM Awards chief have quit in a period of less than five weeks, citing ill treatment at the workplace. Some of the workers still working at the radio station have informed us that the way […]

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Over 16 journalists at Hot 100 FM radio owned by Kampala’s business tycoon, Isaac Mulindwa who is also the PAM Awards chief have quit in a period of less than five weeks, citing ill treatment at the workplace.

Some of the workers still working at the radio station have informed us that the way the staff members at Hot 100 FM are quitting is similar to the one written in the bible when Israelites walked from Egypt to Canaan.

We have been told that some of the workers who have quit the station include Racheal Kay, L. Benzo and Bryan Mckenzie among others. Some of the workers who have quit the station we have managed to interview say they have quit after disagreements with the management over salaries, and poor working conditions among others. Some of the workers who have quit Hot 100 FM we hear have joined New Vision Group’s X fm.

By James Okello

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Hassan Basajjabalaba joins timber business https://www.weinformers.com/2011/12/17/hassan-basajjabalaba-joins-timber-business/ https://www.weinformers.com/2011/12/17/hassan-basajjabalaba-joins-timber-business/#respond Sat, 17 Dec 2011 19:45:23 +0000 http://www.weinformers.net/?p=17420 After being evicted from abattoir business in Kampala, city business tycoon Hajji Hassan Basajjabalaba has joined timber business. We have been reliably informed that Hajji Basajjabalaba has bought five timber houses in Ndeeba and officially joined the business. The business tycoon has now recruited his family members and cousins to run his timber business on […]

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After being evicted from abattoir business in Kampala, city business tycoon Hajji Hassan Basajjabalaba has joined timber business.

We have been reliably informed that Hajji Basajjabalaba has bought five timber houses in Ndeeba and officially joined the business.

The business tycoon has now recruited his family members and cousins to run his timber business on his behalf. In fact Basajjabalaba has a lot of money. He has even bought off the land on which the five timber stores are seated.

If history remains constant, you will soon hear that conflicts have erupted at timber stores in Ndeeba. You see wherever Basajjabalaba goes, conflicts follow him. When he was managing Nakasero and Owino markets, his administration was characterised by wrangles.

By Christine Kate

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DP Uganda in serious financial crisis https://www.weinformers.com/2011/12/14/dp-uganda-in-serious-financial-crisis/ https://www.weinformers.com/2011/12/14/dp-uganda-in-serious-financial-crisis/#respond Wed, 14 Dec 2011 17:14:32 +0000 http://www.weinformers.net/?p=17356 The Democratic Party of Norbert Mao badly needs a ‘financial drip’ if this oldest opposition political party in Uganda is to survive for another year. Insiders in the party have told our informers that the party needs at least 10 billion shillings to rejuvenate its activities on the grand and pay off its accumulating debts. […]

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The Democratic Party of Norbert Mao badly needs a ‘financial drip’ if this oldest opposition political party in Uganda is to survive for another year.

Insiders in the party have told our informers that the party needs at least 10 billion shillings to rejuvenate its activities on the grand and pay off its accumulating debts.

A source in DP, tells this journalist that the money is also needed to build its offices because at any time, Kampala’s business tycoon, Shudir Rupereria is demolishing City house building, which houses the DP head offices.

We hear the party has now resorted to organising several dinners to sensitize its members about the need to contribute towards the party activities. The forthcoming dance and dinner will take place in Masaka on Sunday.

By James Okello

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Being poor is a choice, says Kampala’s tycoon Moses Kalungi https://www.weinformers.com/2011/12/13/being-poor-is-a-choice-says-kampalas-tycoon-moses-kalungi/ https://www.weinformers.com/2011/12/13/being-poor-is-a-choice-says-kampalas-tycoon-moses-kalungi/#respond Tue, 13 Dec 2011 13:54:24 +0000 http://www.weinformers.net/?p=17328 Although sometimes back he was poor, Kampala’s business mogul Moses Kalungi surprised his poor pals when he said that being poor is a choice people make in life. Kalungi says that some people might choose to be poor and others willingly decide to be rich. Kalungi was speaking yesterday evening to members of Kampala City […]

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Although sometimes back he was poor, Kampala’s business mogul Moses Kalungi surprised his poor pals when he said that being poor is a choice people make in life.

Kalungi says that some people might choose to be poor and others willingly decide to be rich. Kalungi was speaking yesterday evening to members of Kampala City Traders Association who met him at his residence in Makindye division.

Kalungi reportedly told them that he and his brother Moses Kirumira, another business tycoon in Kampala were poor but they choose to be rich through working hard and saving their profits.

Kalungi says that the problem with most Ugandans they have a high marginal propensity to consume and lower marginal propensity to save. After addressing the traders Kalungi gave each person who was around 50,000 shillings as transport to take him back.

By James Okello

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Kampala Deputy Mayor’s property attached over rent arrears https://www.weinformers.com/2011/12/09/kampala-deputy-mayors-property-attached-over-rent-arrears/ https://www.weinformers.com/2011/12/09/kampala-deputy-mayors-property-attached-over-rent-arrears/#respond Fri, 09 Dec 2011 14:39:52 +0000 http://www.weinformers.net/?p=17220 Household properties belonging to Kampala Deputy Mayor, Sula Kidandala have been attached by court bailiffs over accumulated house rent. Kidandala has been occupying a fully fledged residential house in Kawempe and failed to pay the land lord his rent amounting to 1,500,000 million shillings. We hear the house which Kidandala has been renting belongs to […]

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Household properties belonging to Kampala Deputy Mayor, Sula Kidandala have been attached by court bailiffs over accumulated house rent.

Kidandala has been occupying a fully fledged residential house in Kawempe and failed to pay the land lord his rent amounting to 1,500,000 million shillings.

We hear the house which Kidandala has been renting belongs to Bashir Kalimu, a business tycoon in Kampala .

Pursuant to section 3 of the distress for rent act and chief magistrate’s court at Nabweru authorised the bailiffs to attach the lord mayor’s property.

The properties attached included a fridge, carpet, sofas, dinning tables and side boards among others. By the time the bailiffs invaded the mayor’s home, he was not around.

However, we hear that when he was informed about the development, he came immediately and cleared the debt and the costs of the bailiffs.

By James Okello

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Sudhri’s city house building leaks https://www.weinformers.com/2011/11/25/sudhris-city-house-building-leaks/ https://www.weinformers.com/2011/11/25/sudhris-city-house-building-leaks/#respond Fri, 25 Nov 2011 11:26:20 +0000 http://www.weinformers.net/?p=16934 City House building, owned by Kampala’s business tycoon, Sudhiru Reperelia is leaking and the tenants occupying it fear that it might fellow on them. The building is located on Luwum Street. The roofing of City House produces too much water like rain whenever it rains. The rain passes through the roof and falls on the tenants. After […]

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City House building, owned by Kampala’s business tycoon, Sudhiru Reperelia is leaking and the tenants occupying it fear that it might fellow on them.

The building is located on Luwum Street. The roofing of City House produces too much water like rain whenever it rains. The rain passes through the roof and falls on the tenants.

After the rainfall, water remains on the floor of city house building. It rained today and our informers tell us that they saw the tenants of this building standing.

The building houses the headquarters of the Democratic Party and the FDC offices Kampala branch. There are also a number of restaurants and shops on the same building.

By Joseph Okello

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Museveni again cited in Basajjabalaba botched compensation https://www.weinformers.com/2011/11/22/museveni-again-cited-in-basajjabalaba-botched-compensation/ https://www.weinformers.com/2011/11/22/museveni-again-cited-in-basajjabalaba-botched-compensation/#respond Mon, 21 Nov 2011 22:23:06 +0000 http://www.weinformers.net/?p=16789 The high court judge Billy Kainamura has told the public accounts committee of parliament investigating the compensation by government that all the claims that were paid had been authorized by the president. Kainamura who appeared before the committee in camera told mps that he got the letters for authorization of payment for different claims of […]

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The high court judge Billy Kainamura has told the public accounts committee of parliament investigating the compensation by government that all the claims that were paid had been authorized by the president.

Kainamura who appeared before the committee in camera told mps that he got the letters for authorization of payment for different claims of compensation while he was still solicitor general of government from the former attorney general khiddu makubaya and there was no reason for him to doubt these letters that they were coming from the president.

Kampala business tycoon Hassan bassajabalaba appeared before the committee and said the president Okayed his claim of 142 billion shillings the loss of the contracts to manage city markets that caused government a loss of billions of money.

The chairperson of the committee Wadri kassiano says the committee will meet with the president to ask him about the claims before they make the report.

The president has disowned Basajjabalaba’s claims.  Recently state house issued a statement and the head of legal department in the state house Joy kabatsi said that the President never mentioned a figure, either by word or in writing as a basis for Basajjabalaba’s compensation.

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Managers of Club Rough panics as another club opens next door https://www.weinformers.com/2011/11/18/managers-of-club-rough-panics-as-another-club-opens-next-door/ https://www.weinformers.com/2011/11/18/managers-of-club-rough-panics-as-another-club-opens-next-door/#respond Thu, 17 Nov 2011 22:03:30 +0000 http://www.weinformers.net/?p=16754 Things are not good for the managers of Club Rouge in Kampala after they have got information that a powerful business tycoon in town is set to open another club opposite theirs. The new club to be opened in November is called Club Cascades. Now we have been told that the managers of Club Rouge, Ivan Kaganzi […]

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Things are not good for the managers of Club Rouge in Kampala after they have got information that a powerful business tycoon in town is set to open another club opposite theirs. The new club to be opened in November is called Club Cascades.

Now we have been told that the managers of Club Rouge, Ivan Kaganzi and Spear Abowe have instructed their workers to show extreme love and care to their customers such that even if Club Cascades opens they remain in business.

The new club is going to be opened by the managing director of Bluecube SMS media, Innocent Nahabwe who is also a former Advertising manager of the Daily Red Pepper, Daily Onion, Kamunye and Entasi newspaper.

It is expected that Club Rouge is going to get stiff competition from Club Cascades since it is directly opposite to it.

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