Kampala, Uganda | THE INDEPENDENT & URN | The Uganda Manufacturers Association (UMA) has promised to use the up to 7.3million liters of alcohol in the stores of their members to produce affordable sanitizers. In turn, government has committed to support their effort at maximum production by waivers on VAT …
Read More »Uganda Electricity Generation Company sees profit growth
Isimba and Karuma power stations are expected to boost its earnings Kampala, Uganda | JULIUS BUSINGE | Officials at Uganda Electricity Generation Company Limited (UEGCL) are hoping to record improved performance after posting the first net profit in 18 years. The company reported at the end of last year that …
Read More »Ruth Ssebatindira appointed UTL administrator
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has appointed Ruth Sebatindira, the former President of the Uganda Law Society as the new Administrator of Uganda Telecom Limited-UTL. Sebatindira will replace Nelson Bemanya whose contract expired in November 2019. The decision follows an application filed on December …
Read More »Fighting over UTL administration
Will Bemanya’s removal save or ruin the company? Kampala, Uganda | JULIUS BUSINGE | Bickering among government officials on who should take over the management of Uganda telecom as provisional administrator could scare away prospective investors, experts say. UTL needs around Shs255bn to clear some of its Shs536bn debt …
Read More »West Nile Cooperative Union seeks SH1 trillion compensation from Govt
Arua, Uganda | THE INDEPENDENT | Members of West Nile Cooperative Union are Demanding one trillion Shillings from the government, as compensation for the destruction and loss, alleged incurred during the 1979 -1986 insurgency. West Nile Cooperative Union started in 1969 as a British American Tobacco- BAT supported …
Read More »ANITE: The plan by the mafia is to take me out of the picture
Kampala, Uganda | THE INDEPENDENT | The ongoing controversy over the audit of Uganda Telecom Limited (UTL) took a dramatic turn on Monday, with State Minister for Privatization and Investment, Evelyn Anite telling the press that her life is in danger. Anite blamed the ‘mafia’ – a yet to be identified …
Read More »ANALYSIS: Zigy Wyne death
Bobi Wine, police and Kiwani 2021 Kampala, Uganda | RONALD MUSOKE |“Kiwani” in Kampala street-speak means “something fake.” Musician Bobi Wine coined the word in 2007 as the title of his song that won that year’s award for best Afro beat single. Twelve years later, Bobi Wine (real name Robert …
Read More »Solving UTL puzzle
Experts say Bemanya should stay but government should focus on recapitalising the telecom firm Kampala, Uganda | JULIUS BUSINGE | Debts, poor corporate governance, fights, politics and ageing infrastructure have taken centre stage in debates surrounding Uganda Telecom Limited. Bemanya Twebaze, a Ugandan lawyer and corporate executive, who has …
Read More »Fury over Murchison Falls
Govt proposal to build a sixth power dam on the Nile kicks up storm Kampala, Uganda | RONALD MUSOKE | Murchison Falls, one of River Nile’s remaining spectacular waterfalls tops the “bucket list” of iconic sceneries in Uganda that hundreds of thousands of tourists covet when they visit the country. …
Read More »Fight over UTL
The powerful people behind Bemanya Kampala, Uganda | HAGGAI MATSIKO | Uganda Telecom Ltd (UTL) looks like a typical company in shambles. In April 2017 it run to court to block a petition seeking to wound it up partly owing to Shs709 billion debts it had accumulated over the years. …
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