Business - Page 79

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

LOLC Finance Uganda Launches Digital APP

The threat of economic downturn caused by the Coronavirus pandemic has forced companies to devise means of survival. One of such company is Light Over Light Capital (LOLC) Finance Uganda which has gone into launching phone applications to alleviate the difficulties faced

August 22, 2020

Business

UHRC Asks Gov’t To Scrap ‘Failed’ Social Media Tax Ahead Of 2021 Elections

The Uganda Human Rights Commission has asked government to amend the law introducing Over the Top tax and suspend it during the electoral period in order to make internet more affordable and accessible. Dr. Katebalirwa Amooti Irumba, the acting chairman of the

August 21, 2020

Business

Gov’t Threatens To Suspend Public Transport To Slow Spread Of Coronavirus

Government has threatened to halt public transport for failure to adhere to standard operating procedure (SOPs) peddled at curbing the spread of Covid-19 pandemic. According to the minister of works and transport, Gen Katumba Wamala, passengers, boda-boda cyclists and taxi operators are undermining

August 17, 2020

Business

Am Surprised! Kay Salt Isn’t Supposed To Be On Ugandan Market, They’re Abusing Our Brotherly EAC Inter-Trade Protocols – UNBS Boss Manyindo Warns Salt Smugglers

For the very first time since March 2020 when the smuggling of Kenyan salt brand with ‘FOR SALE IN KENYA ONLY’ inscription intensified, Uganda National Bureau of standards (UNBS), the Government’s regulatory Agency responsible for enforcement of quality, standardization and assurance, and

August 17, 2020

Business

Umeme Seeks Review Of Free Electricity Connection Policy

Uganda’s Power Distributor, Umeme Limited has proposed a revision of the Electricity Connections Policy (ECP) to allow capable customers shoulder the full payment for connection since government ran short of funds for the policy. Speaking during a briefing organised by the power

August 10, 2020

Business

How Covid-19 Has Affected Uganda’s Labour Externalization Sector

By Ronnie Mukundane Labour externalization was, until the spread of Covid-19 across the globe, one of the fastest growing sectors and was providing employment opportunities to thousands of Ugandans across the Middle East and other parts of the world. To date, there

August 9, 2020

Business·Crime

Investigation: URA, UNBS On Hot Spot For Allowing Smuggled Kenyan Salt Into Uganda

The Uganda Revenue Authority (URA) and Uganda National Bureau of Standards (UNBS) are on spot for allegedly abetting and or colluding with businessmen who are smuggling tonnes of Kenyan salt into the country and reaping abnormal profits after evading taxes worth hundreds

August 9, 2020

Business

‘You Must Pay COVID-19 Rent Arrears’- Gov’t Chief Whip Nankabirwa Tells Traders As Landlords Lock Shops

Government Chief Whip, Ruth Nankabirwa has advised Ugandans to forget about not paying their rent arrears for the months the country was under lockdown. She instead promised to ask government to come up with an affordable credit facility which can help the

August 6, 2020

Business·News

Govt Secures Shs 868Bn Loan For Construction Of Roads

Parliament of Uganda has approved Shs868b for the construction of a host of roads around the country. The roads are Namugumba – Budadiri – Nalugugu (29km), Katuna – Muko -Kamuganguzi road (104km) and Laropi – Moyo – Afoji (Sudan border) which is

August 5, 2020

Business·East Africa·Hot News·Hot Take·Kampala·News·Trending·Uganda

Government Directs Fresh Investigations Into Crane Bank Fraud Case

The government of Uganda has set up new investigations into which city businessman Sudhir Rupaleria is alleged to have taken approximately Shs 340 Billion out of defunct Crane Bank for personal ventures. Bank of Uganda intends to appeal to the Supreme Court

August 5, 2020

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