Energy minister launches construction of Karuma Dam employer’s facility Kampala, Uganda | JULIUS BUSINGE | On Oct. 27, the State Minister for Energy and Mineral Development, Simon D’Ujanga, launched the construction of a Permanent Employer’s Camp at the 600MW Karuma Dam. The facility’s cost is part of the entire US$1.7 billion …
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But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …
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Operators fear strict registration requirement will slow growth of subscribers Kampala, Uganda | JULIUS BUSINGE | Telecom firms now feel confident in carrying out their business following the conclusion of a mandatory Simcard registration and validation on August 31, 2017, according to Godfrey Mutabazi, the executive director at the Uganda Communications …
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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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The Independent Uganda: You get the Truth we Pay the Price