Wednesday , November 13 2024

Business

Business news

Bobi Wine goes to court

Kampala, Uganda | THE INDEPENDENT | Kyadondo East Member of Parliament Robert Kyagulanyi Ssentamu aka Bobi Wine on Thursday rushed to the Civil Division of the Kampala High Court to challenge a ban imposed on his musical shows by the Uganda Police. He says he has lost sh300 million as a result of …

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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. …

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Deloitte: Uganda economy can expand with better SME financing

  Kampala, Uganda | JULIUS BUSINGE |  Audit firm Deloitte says Uganda’s economy could expand further once cheap financing to small and medium enterprises is offered. “With sufficient financing and access to business advisory services to foster continual improvement of operational efficiency and productivity, SMEs can become more competitive and resilient, …

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UBL launches one week safety campaign

Kampala, Uganda | JULIUS BUSINGE | Uganda Breweries Limited (UBL) has launched a one week safety campaign aimed at creating awareness and promoting safety at the workplace. The campaign is part of a celebration to mark five and ten years of “No Lost Time Accident” at Uganda Breweries Limited and its …

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