Uganda’s largest property developer Tycoon Sudhir Ruparelia has asked parliament to increase on the acreage he was given from three to 10 acres that he applied for to re-develop the area. Dr. Sudhir made a request while appearing before Parliament’s Adhoc Committee investigating irregularities in the sale and give-away of Nakawa Naguru land. “My humble…
The Parliamentary Committee on Physical Infrastructure wants the government to release Sh440 billion for the second phase of upgrading and expansion of Entebbe International Airport. The committee Chairperson David Karubanga says the Uganda Civil Aviation Authority-UCAA has completed close to 80 percent of the first phase of the project which ends December this year. Karubanga told…
The State Minister for Investment and Privatisation Evelyn Anite, has lauded property mogul, Hamis Kiggundu, for creating jobs and opportunities for young people in Uganda. The minister who was accompanied by a team of officials from the Free-Trade Zone Authority made remarks while touring the tycoon’s agro-processing plant in the Akright Estate, in Bwebaja along…
The Chairperson of the Finance Committee, Keefa Kiwanuka has advised the Minister of Finance to re-allocate the Shs319 billion earmarked in the 2022/2023 budget for the International Specialised Hospital in Lubowa. This was during the meeting with the Ministers of Finance, led by Matia Kasaija while appearing before the committee on Wednesday, 20 April 2022…
Members of Parliament on the finance committee have proposed that daytime sports betting activities be banned. The proposal was presented by Enos Asiimwe, the Kabula County MP in Lyantonde district during a meeting between the Committee, and the National Lotteries and Gaming Regulatory Board-NLGRB at Parliament on Tuesday. Asiimwe argued that daytime betting has encouraged…
Taxi and bus operators plying different routes countrywide have announced they will increase transport fares over rising fuel prices. Fuel prices remain high, three months after government assured Ugandans of stability. A litre of petrol now goes for between Shs5,000 and Shs5,500 while that of diesel is at Shs5000. Uganda Taxi Operators’ Federation (UTOF) officials…
Asked about the category of passengers Uganda Airlines carries on the Dubai route, Rahim said they are mainly business travelers, traders, labor exports, tourists, and permanent residents of the UAE. She adds that the outbound goods range from main vegetables, coffee, and raw materials, among others, while the inbound ranges from machinery, manufactured goods, textile,…
A Government of Uganda delegation will travel to the Democratic Republic of Congo at the end of the month to negotiate business deals aimed at boosting Uganda’s economy. This was revealed by the State Minister for Trade, Hon. David Bahati, on Tuesday, 19 April 2022 while responding to issues raised in the report from the…
Speke Resort Munyonyo will next month host the Turkey and Uganda bilateral trade and tourism summit in Kampala, Uganda’s capital. This was confirmed by Turkey’s Ambassador to Uganda Kerem Alp and Uganda’s Minister for Privatization and Investment Evelyn Anite who said the summit will be hosted at Speke Resort Munyonyo from May 10-11 under the…
Last week, Justice Stephen Mubiru from Commercial Court dismissed the application by city businessman Peter Kamya in which he asked for a temporary injunction in a bid to stop Meera Investments and Luwaluwa Investment from selling or transferring his former properties to other names. Properties in question include Afrique Suites Hotel on Mutungo Hill which…
