Business - Page 80

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

BoU Painfully Coughs Remaining Tittles Of Defunct Banks As Investigations Bite

The Central Bank of Uganda has finally given up asked owners of the unclaimed certificates of land titles of former defunct banks to apply and reclaim them. The unclaimed certificates of over 21 land titles were advertised on Wednesday August 5, 20220

August 5, 2020

Business·Hot News·Hot Take·Trending

Ugandan Government To Lose Shs340 Billion Per Year In Tax Stamps

Due to the continued refusal by the manufacturers to pay for the tax stamps, Government of Uganda (GoU) is looking at Shs 340 Billion Shillings to be paid to SICPA a company it out sourced to supply the Digital Tax Stamps. This

August 4, 2020

Business

NCA, Police Arrest ‘Iconic’ Criminals In Biggest Ever Operation After Encryption Breakthrough

British police have carried out their biggest operation ever, arresting “iconic” figures and smashing thousands of conspiracies including murder plots after infiltrating a communications service used by criminals. The National Crime Agency (NCA) said the cracking of the encryption used by EncroChat,

August 3, 2020

Business

Dr Entingi-Ego Officially Takes Over As New Bank of Uganda Deputy Governor

Dr. Atingi-Ego has assumed his role as the Deputy Governor, Bank of Uganda on August 03, 2020 following his appointment by His Excellency Yoweri Kaguta Museveni on 23 April, 2020. He replaces Dr. Louis Kasekende, whose contract expired in January and wasn’t

August 3, 2020

Business·News

New Normal: Rwandan Airports Reopen To Travellers Amidst Rising Coronavirus Cases

Rwandan airports on Saturday reopened to international travellers, more than four months after the central African nation suspended commercial passenger flights to mitigate the COVID-19 outbreak. The suspension didn’t affect cargo and emergency flights. Tourists travelling by charter flights had been allowed

August 2, 2020

Business·News

Parliament Rejects Gov’t Proposal To Regulate, Tax Coffee Farmers

Members of Parliament (MPs) on Wednesday, July, 29, 2020 overwhelmingly rejected the proposal by government to de-register coffee farmers that reportedly fail to meet the standards set by government in the coffee production chain and by producing low quality coffee. The proposal

August 1, 2020

Business·News

Anxiety As Kenya Airlines Okays Uganda Flights, Drops Tanzania From List

Kenya will re-open its airspace to international flights on August, 1, 2020 for priority and authorized airlines and travelers. Uganda is one of only 19 countries that have been authorized to fly into Kenya. Travelers from the 19 countries who do not

August 1, 2020

Business·News

UMEME Suspends Electricity Connections Policy Programme Over Lack Of Enough Funds

Power distribution company, Umeme Limited has suspended the Electricity Connections Policy (ECP) over lack of enough funds to implement it. This was was revealed in a statement issued on Wednesday July 2020 where Umeme noted thus; SUSPENSION OF NEW CONNECTIONS UNDER THE

July 29, 2020

Business·Crime·News

Exclusive: How Ghadafi’s Secret Money In Dubai, Kenya, South Africa Went Missing…

The violent fall and bloody death of Gaddafi in 2011 triggered a treasure hunt for the riches of the wealthy Libyan dictator. And now, analysis shows that most of the money may hide in secret Dubai bank accounts and African countries, according

July 28, 2020

Business·News

Hotel Owners Engage EU Ambassadors On Covid-19 Losses

Lodge owners and tourism operators have appealed to the European Union (EU) delegation in Uganda to consider clear accessibility of the Euro 6 million grant (25.2 billion Shillings) that was recently extended to support the private tourism sector. The EU ambassadors were

July 27, 2020

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