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 »UTL’s prospective investor fails to raise capital
Back to the drawing board: UTL’s prospective investor fails to raise capital, but the good news is that the company is yet to accrue new debts Kampala, Uganda | JULIUS BUSINGE | Ugandan government is back to the drawing board to identify a new prospective investor to take over 69% …
Read More »Wanted: Genuine oil investors
How pressure on oil refinery, pipeline pushed Uganda to agree to end secret deals Kampala, Uganda | RONALD MUSOKE | For ten years, civil society has been trying and failing to push the government to join the Extractives Industries Transparency Initiative (EITI), a global mechanism that requires governments and companies …
Read More »AFROBAROMETER: Right poll, wrong people
What polling strategy means for Afrobarometer survey findings “Most Ugandans favour proposed reforms to improve elections and Parliament, new Afrobarometer survey shows.” That was the title of a statement to journalists from Afrobarometer’s agent in Uganda, Hatchile Consult Ltd, on April 28 when the results of the survey were released. …
Read More »Museveni fights to save UTL
Experts commend move to protect bankrupt telco’s assets but say it needs a business plan that works Business at Uganda’s oldest and troubled telecom company, Utl, took another twist when the government on April 28 announced it has finally put it under provisional administration. The government, which recently took over …
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