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Inside Umeme’s Shs47.5bn loss

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

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Deloitte: Uganda economy can expand with better SME financing

  Kampala, Uganda | JULIUS BUSINGE |  Audit firm Deloitte says Uganda’s economy could expand further once cheap financing to small and medium enterprises is offered. “With sufficient financing and access to business advisory services to foster continual improvement of operational efficiency and productivity, SMEs can become more competitive and resilient, …

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UBL launches one week safety campaign

Kampala, Uganda | JULIUS BUSINGE | Uganda Breweries Limited (UBL) has launched a one week safety campaign aimed at creating awareness and promoting safety at the workplace. The campaign is part of a celebration to mark five and ten years of “No Lost Time Accident” at Uganda Breweries Limited and its …

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