The Parliament of Uganda has approved the National Local Content Bill, 2022. The private member’s bill by Kassanda North MP, Patrick Nsamba Oshabe was passed last week. The bill was first tabled before parliament in January 2019 during the 10th parliament, processed, and eventually passed. Its objective was to impose local content obligations on persons…
Lira: Bongobongo Uganda Advocates, a company operating a gaming franchise in Uganda, seeks to extend its Corporate Social Responsibility (CSR) over the coming years to ensuring that sports betting and online gaming remain socially responsible and fun activities. However, in a bid to expand their Corporate Social Responsibility, the company has also taken a move…
The Electricity Regulatory Authority (ERA) has approved new Electricity End-User Tariffs to be charged by Umeme Limited for the supply of Electrical Energy in the Billing Period from October to December 2022. According to documents seen by this website, the hostile economic environment in Uganda compelled the Electricity Regulatory Authority (ERA) to revise increase tariffs…
The Government of Uganda has donated two acres of land to African Export-Import Bank (Afreximbank), a move that will enable it open up its regional branch in Kampala, Uganda. The donated piece of land which formerly belonged to National Social Security Fund (NSSF) and located along Yusuf Lule Road in Kampala was handed over to…
Experts in the energy sector have revealed that the skyrocketing fuel prices, inflation and other Macro-Economic Factors in Uganda are most likely to lead to an increase in the cost of electricity. This is mainly because fuel is used in the generation of thermal electricity as opposed to hydroelectricity which is generated from water. The…
The European Commission in Uganda, is set to fully address the matter of the European union parliament resolution on the East African Crude Oil Pipeline Project, at that upcoming Uganda-EU business summit later this month. Due to environmental and human rights issues, the European union parliament resolved, to calling for a halt on the construction…
President Yoweri Museveni has again scoffed at the European Union Parliament for passing a resolution to halt the East African Oil Pipeline project- EACOP, slated to kick off by 2025. 334 Legislators from the EU Parliament recently voted to halt project for one year and find alternative roots over the human rights violations and and…
The Minister of Finance and Economic Planning, Matia Kasaija has commended businessman Ham Kiggundu for establishing a complete integrated food processing unit, creating jobs and opportunities for young people. The minister made remarks on Wednesday September 28, 2022 in an interview with the New Vision and after paying a visit to Kiggundu’s agro-Processing Plant in…
By Ben Ssebuguzi Kampala: As business executives are scampering to cut costs in order to stay clear of the COVID-19 economic effects, some are making grave mistakes of evading retirement savings for their employees which makes them demotivated at workplaces hence less productivity. Employee motivation is defined as the level of energy, commitment, persistence, and…
The sticking issue of the secrecy around the oil Production Sharing Agreement has kept Ugandans unable to get the answer to the question of how much the country will get from the oil and gas sector. The failure by the government to disclose the details, especially of how the oil revenues will be shared, has…
