A technical working group to be formed to battle the vice that cost government billions of shillings Kampala, Uganda | JULIUS BUSINGE | Government of Uganda and the private sector have revealed plans to form a technical working group to fight illicit trade. It is estimated that the government lost …
Read More »
Kampala, Uganda | JULIUS BUSINGE | Scoring 20 points in BCM, Onesimus Chemutai was declared the best performer in Seeta High School and among the country’s top UACE students. Despite UNEB registering a significant dip in Biology performance, Chemutai managed to score an A. “Chemutai scored distinctions only. This was an …
Read More »
Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation have awarded Shs4.8bn seed funding to 66 women entrepreneurs through their Hi-innovator Women Accelerator program. A total of 15,000 job opportunities for women and youths countrywide are expected to be created through this …
Read More »
The company distributes power in nine service territories covering 74 districts countrywide Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has reported a 9% increase in revenues to Shs80.1bn for the period ended June 2022 citing an increase in operational efficiency and increased customer connections. UEDCL Managing …
Read More »
Trade Minister David Bahati reassures private sector of government support Kampala, Uganda | JULIUS BUSINGE | Routinely the cabinet, chaired by President Yoweri Museveni is deliberating on ways in which to further support growth of the private sector – an engine for Uganda’s economy. This was the general message the Minister …
Read More »
Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …
Read More »
Big power consumers like Cipla, UBL, Metro Plastics, and National Water are to benefit from the new infrastructure Kampala, Uganda | JULIUS BUSINGE | The Uganda Electricity Transmission Company Limited has commissioned the 120MVA, 132/33kV Luzira Industrial Park Substation which is expected to boost the supply of reliable power to consumers, …
Read More »
The tax authority collected Shs11.6tn in the six months, recording a Shs95bn shortfall Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority collected Shs11.6trillion against the target of Shs11.7tn for the first six months of the financial year 2022/23 – representing 46.4% of the annual target. URA’s Commissioner General John Rujoki …
Read More »
The Fund Asset size increased from Shs17.65 trillion in July 2022 to Shs17.88 trillion in December 2022 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after savers contributions and realized income grew by …
Read More »
The telecom company is currently implementing the Ambition 2025 Strategy premised on leading digital solutions for Africa’s progress Kampala, Uganda | JULIUS BUSINGE | As a child, Martin Tumusiime watched households and businesses frustrated with uncollected wastes in the Kampala suburbs that sometimes could end up in water channels, streets, or …
Read More »
The Independent Uganda: You get the Truth we Pay the Price