Kampala, Uganda | GODFREY SSALI| Opposition party Forum for Democratic Change (FDC) has dragged the Inspector General of police Kale Kayihura to the Highcourt in Kampala, accusing him of disrupting their on-going party presidential campaigns. Through the Buhweju county MP Francis Mwijukye the party seeks a restraining order against the police …
Read More »Medical Union sues striking Doctors
Kampala, Uganda | GODFREY SSALI | The Uganda Medical Workers Union has sued all striking Doctors and medical practitioners for engaging in an illegal strike. The union has also sued the Secretary General of the Uganda Medical Association Dr. Ekwaro Obuku and Workers MP Dr. Sam Lyomoki demanding for damages resulting …
Read More »Coca-Cola shakes Uganda’s energy drink market
Kampala, Uganda | JULIUS BUSINGE | Century Bottling Company Limited, a franchise bottler and distributor of Coca Cola Products in Uganda, has taken on Hariss International Limited’s Rock Boom and Pepsi Cola’s Sting with a low-cost energy drink in a move likely to stir competition in the energy drinks segment. The …
Read More »Internet costs drop by 73% in 3 years
Why cost per Mbps has dropped by 73% in last three years Kampala, Uganda | JULIUS BUSINGE | The cost of internet in Uganda has dropped by 73% to US$70 per Mbps over the past three years, signaling a reduction in the cost of doing business. In an exclusive interview with …
Read More »DFCU gives Vipers Sh300 million sponsorship boost
Kampala, Uganda | JULIUS BUSINGE | DFCU bank has joined the list of Vipers’ football club sponsors, handing them a Sh300 million boost for the next two years. Speaking at a press conference at the bank’s headquarters today (Nov.8), William Sekabembe, the bank’s chief of business and executive director said …
Read More »Katosi road scam hearing flops
Kampala, Uganda | GODFREY SSALI | Hearing of defence evidence in the Sh24.7 billion Katosi case against former works minister Eng.Abraham Byandala flopped on Monday after one of the lawyers failed to turn up. The Anti-Corruption Court last week ordered Byandala to defend himself saying that prosecution presented with sufficient evidence …
Read More »Maize glut hits Uganda
Maize prices drop by 70% as exports to Kenya reduce due to political uncertainties Kampala, Uganda | JULIUS BUSINGE | Uganda’s farmers could battle to sell some of their surplus maize as major customers who mainly export to Kenya cut back on their purchases citing political uncertainties in the latter …
Read More »Inside Umeme’s Shs47.5bn loss
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. …
Read More »NSSF sees higher returns for savers in FY 2017/18
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 …
Read More »Uganda in bold move to regulate supermarkets
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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