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Tag Archives: Business

Tanzania to buy 19 electric trains

Kampala, Uganda | THE INDEPENDENT | Tanzania has floated a multimillion dollar tender for 19 electric trains to be used on the standard gauge railway (SGR) which is under construction, according to the regional newspaper, The EastAfrican. State-run railway firm Reli Assets Holding Company (Rahco) is seeking the supply of …

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Dfcu rewards investment clubs

Kampala, Uganda | THE INDEPENDENT | On Dec.14, dfcu Bank in partnership with Price Waterhouse Coopers (PwC) and NTV Uganda rewarded Geneber Outspan Organic Farmers with Shs 25million after emerging as the overall winner of the nationwide campaign targeted at driving a savings and investment culture in Uganda. The campaign, which …

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Safaricom unveils new TV decoders

Kampala, Uganda | THE INDEPENDENT | Kenya’s telecom firm, Safaricom, has relaunched its Internet-enabled digital TV decoders in the market a year after it suspended sales to address technical malfunctions, according to Business Daily. The telco started selling the Safaricom Digital TV and Internet Box for Kshs 9,999 (Shs350, 000) at …

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Umeme to invest US$155millin in 2018

Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme, is to invest $155 million during 2018 to among other things, refurbish old networks, build new power sub-stations and improve the network across the country. The firm’s Deputy Managing Director, Sam Zimbe, said they have submitted an investment plan for the …

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Answering Uganda’s fuel reserve question

More storage facilities in offing as private players increase storage capacity to match the growing demand Kampala, Uganda | JULIUS BUSINGE | With the current expansion of Uganda’s industry and manufacturing, transport, and services sectors in addition to a rapidly growing population,which are key consumers of petroleum products, one key question …

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Liquid Telecom now targets start-ups for growth

Kampala, Uganda | ISAAC KHISA | Liquid Telecom Uganda, part of the pan-African telecoms group Liquid Telecom, has partnered with The Innovation Village, a hub and co-working space in Kampala, to support Ugandan start-ups with high-speed internet and cloud-based services. Liquid Telecom Uganda, formerly known as Infocom, will work alongside The …

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