The parliament committee on equal opportunities has ordered the immediate closure of Blue Wave Beverages Uganda Limited factory over failure to comply with minimal health standards. The directive was issued by the chairperson of the committee Mohammad Nsereko after an interface on Tuesday with the directors of the beverages company …
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Three jailed former officials of the Ministry of Public Service Jimmy Lwamafa, Christopher Obey and Stephen Kiwanuka Kunsa have appealed the entire judgment and orders of the Anti-Corruption Court. Justice Lawrence Gidudu sentenced the officials on November 11 to seven, ten and five years in jail respectively after convicting them on charges …
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Geneva, Switzerland | AFP | More than half the world’s population does not use the internet, with prohibitive broadband costs keeping billions off line, a United Nations report said Tuesday. The UN’s International Telecommunications Union (ITU) said that 3.9 billion people do not have home or mobile internet access and …
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Mathew Kanyamunyu and his co-accused Joseph Kanyamunyu and Cynthia Munagwari have today been charged at Nakawa Magistrates court with the murder of Kenneth Akena in Kampala on November 12. Grade One magistrate Noah Sajjabi did not allow the suspects to take plea as it is a capital offence only tried by the …
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Ugandan bourse managers say pharmaceutical firm’s latest plans no different from past claims The Kampala-based pharmaceutical firm Cipla Quality Chemical Industries Ltd, often called just Quality Chemicals Ltd, has once again signaled intention to offer shares to the public in an Initial Public Offer (IPO). The subsidiary of Indian drugs …
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Uganda’s generation and transmission firms UEGCL and UETCL have taken over administration of mega power projects Karuma and Isimba. “Glad to inform that this morning I received, on behalf of @UegclP , the Deeds of assignment for Karuma and Isimba,” tweeted Harrison Mutikanga, Uganda Electricity Generation Co.Ltd (UEGCL) CEO. The …
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In 1992 Dorothy Kabagaju Okello set a record as the first woman to attain a First class degree in a male dominated course – Electrical Engineering – from Makerere University in Kampala. And in May this year, Eng Okello still defied the odds to become the first female president of …
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Food prices remain high as service companies offer cuts The end of year festive season is coming during tough times and businesses need to devise new ways of reaching out to old customers and attracting news ones, according to Charles Ocici, the executive director of Enterprise Uganda, a UNDP sponsored …
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CIC Insurance Group seeks Shs7.25billion in share offer to fund expansion Regional insurance firm, CIC Africa Insurance holds just 0.01% of Uganda’s insurance business but it has signaled its determination to change that with plans offer shares to selected Ugandan cooperatives and Savings and Credit Cooperative Societies (SACCOS). The plan …
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COMMENT: By Geoffrey A Onegi-Obel The capital markets industry offers solutions for the country’s middle income economy challenge There has recently been an endless flow of ‘brilliant’ opinions about the way forward for Uganda’s ailing economy but none has so far had clarity that demonstrates understanding of the Economic Development …
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