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 …
Read More »Over half of world’s population does not use internet
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 …
Read More »Kanyamunyu brothers charged, taken to Luzira until Dec 6
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 …
Read More »Quality Chemicals plans IPO?
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 …
Read More »UEGCL and UETCL take charge of Karuma, Isimba
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 …
Read More »Engineer Dr. Dorothy Okello sparkles in male-dominated profession
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 …
Read More »Tough festive business
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 …
Read More »Kenyan cooperative insurer makes bold move in Uganda
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 …
Read More »COMMENT: Uganda’s economic development question
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 …
Read More »Uganda’s political parties share Shs3 billion
The Ministry of Finance, Planning and Economic Development has confirmed it has released Shs3billion for political parties with representation in Parliament. The Electoral Commission Spokesperson Jotham Taremwa said the money had been wired to four political parties that are also members of the Inter Party Organization for Dialogue (IPOD). National …
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