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 »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 »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. …
Read More »UTL: How Museveni overruled Anite
Kampala, Uganda | THE INDEPENDENT | Twebaze Bemanya, the Registrar General, Uganda Registration Services Bureau (URSB), will remain the administrator of Uganda Telecom and continue with the process of identifying an investor to partner with government to revamp it, President Yoweri Museveni has directed. The president’s directive was first …
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