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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Kampala, Uganda | JULIUS BUSINGE | Emirates Airlines is focusing on making its brand in Uganda more vibrant in an effort to woo more travelers to its planes. Speaking to journalists in Kampala on Oct. 12, the Airline’s Country Manager for Uganda, Puneet Kohli said that they recently introduced new products …
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Savers suggests Fund’s flexibility to allow them access part the saving to meet their needs Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) members are expected to earner higher returns on their savings for the 2017/18 financial year, according to its Managing Director, Richard Byarugaba. Byarugaba …
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Government drafting guidelines to deal with defaulting retail chains Kampala, Uganda | JULIUS BUSINGE | Supermarkets in Uganda have made it a habit not to pay or delay payments to suppliers of goods and services in time but that will soon come to an end once the government’s proposed …
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What is the country losing by focusing on it? Kampala, Uganda | JULIUS BUSINGE | Is the ongoing debate on Article 102 (b) of the Constitution to lift the Presidential age limit the most important issue MPs and the government should be focusing on? Are there no other biting socio-economic …
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Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
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Kampala, Uganda | JULIUS BUSINGE | Deputy Speaker of Parliament Jacob Oulanyah has appealed to Members of Parliament, Equal Opportunities Commission, and institutions of government and others to champion equal opportunities for all. “The future of our great nation among other things largely depends on the importance we attach on issues …
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Mark Ocitti is the managing director at Uganda Breweries Limited. He spoke to The Independent’s Julius Businge on the sidelines of a joint roundtable press briefing held in Kampala recently. You have spent a year at UBL. What experiences have you noted so far? I inherited a great team …
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How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
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Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni is expected to attend this year’s Uganda Revenue Authority (URA) taxpayer’s appreciation week taking place from Sept. 27-29 at Kololo Independence Grounds. The 12th event is open for the general public. This time around, beyond URA sharing taxpayer information, other government ministries and …
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The Independent Uganda: You get the Truth we Pay the Price
