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Rape of Crane Bank - Part II

posted onAugust 18, 2017

By Andrew M. Mwenda

Bank of Uganda acted in the most rush way in its resolution of Crane Bank issues which makes it suspicious. First when it claimed Crane Bank was in distress, it should have given Sudhir Ruparelia time to find an investor to inject new capital into the bank. Many banks were actually in negotiations with Crane to buy it.

Rape Of Crane Bank – Part I

posted onAugust 18, 2017
In six months of taking over Crane Bank they have made almost three times the profit they made for the whole of last year. They also revealed that of this profit, Shs 60 billion came from their take over Crane Bank.

Mbabazi, Sejusa Meet British Author, Plan Dirty Book on NRM and Museveni

posted onJuly 31, 2017

By Charles Birungi

Former Prime Minister and NRM Secretary General, Amama Mbazazi, and renegade UPDF officer, David ‘Sejusa’ aka Tinyefuza, on separate occasions in Kampala recently met with British journalist and author, Michela Wrong for interviews on what has been described as a dirty and biased book about the ruling NRM party and its leader.

According to well placed security sources, the move is part of efforts to further discredit the Museveni regime as political tensions rise over the presidential age limit heading into the 2021 general elections.

Museveni Explains NRM Victories in Parliamentary By-Elections

posted onJuly 26, 2017

Since the general elections of last year, February, we have had seven Parliamentary by-elections.  The NRM, its organizational weaknesses notwithstanding, has won five of the seven.  The NRM has won: Kamuli Municipality, Kagoma, Moroto District Woman (unopposed), Toroma and Upper Madi-Okolo.  It has lost Aruu North and Kyadondo East to Independents.

I congratulate all those who were elected including the two Independents (Hon. Lucy Aciro of Aruu County North and Robert Kyagulanyi a.k.a. Bobi Wine of Kyadondo East).