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Thursday, December 2, 2021
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Crane Bank

Supreme Court outlaws liquidation of Crane Bank

According to the Court, the bank was closed as a financial institution and placed under receivership and hence after closure, it ceased being a financial institution.

BoU withdraws case against Dr. Sudhir Ruparelia

Before withdrawing from the case, the central bank had appealed up to the level of Supreme Court. The appeal followed BoU’s losses with costs, at both the Commercial Court and Court of Appeal.

Latest news

WHO issues warning to countries, gives new covid-19 variant a name

As such, the WHO has asked countries to do the following: 

Sexy Speed Rally 2021: Hassan Alwi the notable absentee as final list is drawn

Although as a driver he was set and ready to compete, Alwi said his team, the International University of East Africa decided to pull out of the event.

Sheikh Galabuzi appointed new Supreme Mufti

Galabuzi becomes the third Supreme Mufti after Sheik Zubairi Kayongo who passed on in 2014 and Sheik Sheikh Ndirangwa who resigned early this year.

Cheptegei still in contention for world athlete of the year

The winner will be announced at the World Athletics Awards 2021, which will be held virtually on December 1.

Museveni reveals identities of Kampala twin bombers

"Unfortunately, 3 people died in today’s incident apart from the 3 suicide bombers."
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