Kampala, Uganda | JULIUS BUSINGE | The cost of internet and related services could soon drop further if the proposed sector broadband policy is implemented, according to the Minister of Information Technology and Communications, Frank Tumwebaze. Tumwebaze, who spoke on the sidelines of the 19th ordinary session of the African Telecommunication …
Read More »Seven experts to scrutinize Isimba Dam works
UEGCL remains optimistic that official launch of the project is set for August Kampala, Uganda | JULIUS BUSINGE | On Monday, April 02, another step towards having a high-tech, well built 183MW Isimba hydro power plant was demonstrated by its main overseer– Uganda Electricity Generation Company Limited (UEGCL). The Dam …
Read More »Tanzania – Uganda oil players share opportunities
Kampala, Uganda | JULIUS BUSINGE | With the first oil expected towards the end of 2020 in Uganda, players are already exploring more ways of reaping from the sector. The latest avenue was a two-day local content workshop organized by the Association of Uganda Oil and Gas Service Providers (AUGOS) in …
Read More »Umeme’s profit drop threefold to Shs 35bn
Company managers say recent concession talk not threat to its future Kampala,Uganda | JULIUS BUSINGE | Uganda’s power distributor, Umeme Limited, has recorded a surprise performance in the year ended December 2017, with the net profit dropping threefold to Shs 35bn compared with the previous year. The less than expected …
Read More »NGO tells government to up game on accountability
Kampala, Uganda | JULIUS BUSINGE | Africa Freedom of Information Centre (AFIC), a local non-governmental organization based in Kampala has urged government to further engage the public on vital information on matters of service delivery. While releasing results conducted under the project ‘Financing for development’ at Golf Course Hotel on April …
Read More »Ministry of Finance unveils plans to curtail growth of domestic arrears
Kampala, Uganda | JULIUS BUSINGE | Government is working on a strategy to curtail accumulation of domestic arrears, according to Kenneth Mugambe, the director for budget at the Ministry of Finance Planning and Economic Development. Mugambe, who was responding to budget related questions from Civil Society Budget Advocacy Group (CSBAG) at …
Read More »How Standard Chartered Bank has benefited EA economies
It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »KPMG opens doors for businesses seeking data support
Kampala, Uganda | JULIUS BUSINGE | Using right data tools and solutions in running businesses can lead up to over 50% growth of that entity in all segments, according to KPMG, an audit firm operating in Uganda and beyond. The firm is courting businesses to use advanced methods of managing …
Read More »Vivo Energy unveils seven new service stations
Kampala, Uganda | JULIUS BUSINGE | Fuel and other lubricants distributor, Vivo Energy Uganda Limited, has expanded its coverage by opening seven new service stations. The new service stations, which started operations at the end last year, includes; Kakiri, Kira Town, Kyengera, Gulu Highway, Nebbi, Namusera and Lyantonde. This puts the …
Read More »Coffee experts expose opportunities for youth and women
Kampala, Uganda | JULIUS BUSINGE | Players in the coffee value chain have urged the youth and women to take advantage of the growing demand for coffee in Uganda and beyond to grow their income. Speaking to The Independent on the sidelines of a Coffee dialogue at Pearl of Africa Hotel …
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