Business - Page 71

Businessman Bitature: I am who I am because of Dr. Sudhir

In a rare moment of reflection and gratitude, Patrick Bitature, one of Uganda’s most accomplished entrepreneurs, has publicly acknowledged the profound impact of fellow business mogul Dr Sudhir Ruparelia on his journey in the corporate world. Speaking to youths about the significance of

March 18, 2025

Business

Exposed:How Kasekende’s Blue Eyed Boy Anti-Ego Is The Defacto BoU Governor

Former Bank of Uganda deputy governor Dr . Louis Kasekende, whose tenure was mired with gross abuse of office and allegations of corruption, might have been kicked out of the Central Bank but credible sources within reveal that he still has there

December 18, 2020

Business

Steady Progress: Umeme Tables Shs813 Billion Budget For 2021

Uganda’s main power distribution utility Umeme has tabled a $219 million (Shs813.2 billion budget) for 2021. Of that, $119 million (Shs442.4 billion) will be for capital investments in the grid while $60m (Shs222.4bn) will cater for net operating costs. The company says

December 13, 2020

Business·Security

Worry As Illicit Financial Flows Threaten Security & Stability In Africa

At a time when Africa is mobilizing resources for pandemic recovery and sustainable development, illicit financial flows (IFFs) are robbing the continent of 50 billion U.S. dollars annually, UN Deputy Secretary-General Amina Mohammed told a high-level virtual meeting on Thursday held under

December 12, 2020

Business·News

Ruparelia Group Unveils Charming Tagore Living Condos For Sale!

Ruparelia Group of Companies the biggest landlord in Kampala’s central business district has for the first time put up the property for sale. The property magnate under Meera investments has unveiled that Tagore Living apartments, the Group’s first built-to-sell residential condominium project

December 12, 2020

Business

Amazing: You Can Now Host End Of Year At Speke Hotel For Free

Corporate companies and organizations can now organize their end of year retreat parties at Speke Hotel located at Nile Avenue in Kampala at no cost, management has announced. All they need to do is pay for food, drinks and other services but

December 11, 2020

Business

Covid-19 Crisis: Gov’t Expenditure On End Of Year Festivities Suspended

The Ministry of Finance has suspended any expenditure on this year’s Christmas and End of year parties because of increasing pressure on the economy. In a circular to all accounting officers of central and local governments, as well as state-owned enterprises and

December 9, 2020

Business

Party After Party: Speke Resort Munyonyo Launches Mega ’12 Days Of Christmas’

Speke Resort and Conference Centre has launched a festive season promotion dubbed ’12 Days Of Christmas’ that will see the five-star Resort offer amazing deals for end of year events, functions and parties. “We’re so in the mood for Christmas and believe that a

December 9, 2020

Business·Crime

Police Hunt Quack KCCA Operative for Extorting Millions From Bar Owners

A man who purports to be an operative of Kampala Capital City Authority (KCCA) but is going around town extorting money from bar owners has finally been exposed. Peter Ssetenda, who claims to be working in the KCCA enforcement department, is allegedly

December 7, 2020

Business·Crime

EOC Boss Ntambi Troubles Escalate As Solicitor General Gives Advice On Her Interdiction

The Solicitor General has provided advice on the interdiction of the Chairperson Equal Opportunities Commission (EOC), Sylvia Muwebwa Ntambi. His advice comes after the Director of Public Prosecutions (DPP) asked Ntambi’s Ministry, the Ministry of Gender, to throw her out after she

December 4, 2020

Business·News

Boeing 737 Max Cleared by F.A.A. to Fly Again After 20 Month Grounding

After 20 months on the ground, Boeing’s 737 Max will soon fly again, ending a tragic episode that cost 346 people their lives and did serious damage to the big U.S. jet builder. The company on Wednesday got clearance for the plane

December 4, 2020

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