Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has started the process of seeking a High Court order to take full possession of its contested Temangalo land, as Parliament has given the Fund and businessman Amos Nzeyi until next Monday to resolve the long running dispute out …
Read More »Nzeyi ready to refund NSSF for disputed Temangalo land
Kampala, Uganda | THE INDEPENDENT | An investigative look into the National Social Security Fund’s (NSSF) 2008 Temangalo land acquisition has exposed a 16-year administrative gridlock, leaving billions in workers’ savings locked out of 55 contested acres.Despite NSSF holding all six legal land titles for the 463.87-acre estate, …
Read More »Supreme Court dismisses Nzeyi’s appeal against take over of National Bank of Commerce
Kampala, Uganda | THE INDEPENDENT | The Supreme Court in Kampala has dismissed businessman Humphrey Nzeyi’s appeal against the Bank of Uganda (BOU) and the government for the illegal takeover, sale, and subsequent liquidation of the National Bank of Commerce. The Supreme Court, presided over by seven justices led by …
Read More »Coronavirus bailout
COVER STORY | THE INDEPENDENT TEAM | As the coronavirus pandemic ravages the globe, countries are scrambling to protect citizens financially, cushion businesses and companies, and ensure their economies do not fail from the fallout. This is because the coronavirus pandemic is not only straining the world’s health sector, businesses …
Read More »AMOS NZEYI: Proposals to stimulate the economy and build more local resilience
COMMENT | Amos Nzeyi | First of all, I would like to thank you and your cabinet- for the courageous leadership thus far- especially the decisions announced on March 18th 2020 which among others include the decision to temporarily disperse areas of population concentrations such as school, religious, political and …
Read More »Natonal Bank shareholders demand Sh295bn for ‘illegal closure’
Kampala, Uganda | THE INDEPENDENT | Former Shareholders of the defunct National Bank of Commerce (NBC) are demanding sh295 billion as compensation from Bank of Uganda (BoU) over the closure of their Bank. The shareholders include former Prime Minister Amama Mbabazi, businessman Amos Nzeyi, former Supreme Court Judge George Wilson …
Read More »Nzeyi hires workers of integrity
By Agnes Asiimwe What are your management guiding principles? I am an entrepreneur, I am not a manager. I manage by hiring managers with better brains than mine. For one to qualify to manage my enterprise, they have to be very good and outstanding, well educated and of integrity. They …
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