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Micho confirms Tunisia, Dubai camps ahead of Gabon 2017

Uganda Cranes are set to camp in Tunisia and Dubai, according to AFCON 2017 plans by head coach Milutin ‘Micho’ Sredejovic. He has however appealed for funding to realise his plans. Micho and assistant coach Moses Basena released a detailed programme for the national football team on Wednesday ahead of the …

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Parliamentary committee closes Blue Wave mineral water factory

The parliament committee on equal opportunities has ordered the immediate closure of Blue Wave Beverages Uganda Limited factory over failure to comply with minimal health standards. The directive was issued by the chairperson of the committee Mohammad Nsereko after an interface  on Tuesday with the directors of the beverages company …

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Lwamafa, Obey and Kunsa run to Court of Appeal

Three jailed former officials of the Ministry of Public Service Jimmy Lwamafa, Christopher Obey and Stephen Kiwanuka Kunsa have appealed the entire judgment and orders of the Anti-Corruption Court. Justice Lawrence Gidudu sentenced the officials on November 11 to seven, ten and five years in jail respectively after convicting  them on charges …

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Over half of world’s population does not use internet

Geneva, Switzerland | AFP |  More than half the world’s population does not use the internet, with prohibitive broadband costs keeping billions off line, a United Nations report said Tuesday. The UN’s International Telecommunications Union (ITU) said that 3.9 billion people do not have home or mobile internet access and …

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Quality Chemicals plans IPO?

Ugandan bourse managers say pharmaceutical firm’s latest plans no different from past claims The Kampala-based pharmaceutical firm Cipla Quality Chemical Industries Ltd, often called just Quality Chemicals Ltd, has once again signaled intention to offer shares to the public in an Initial Public Offer (IPO). The subsidiary of Indian drugs …

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UEGCL and UETCL take charge of Karuma, Isimba

Uganda’s generation and transmission firms UEGCL and UETCL have taken over administration of mega power projects Karuma and Isimba. “Glad to inform that this morning I received, on behalf of @UegclP , the Deeds of assignment for Karuma and Isimba,” tweeted Harrison Mutikanga, Uganda Electricity Generation Co.Ltd (UEGCL) CEO. The …

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Tough festive business

Food prices remain high as service companies offer cuts The end of year festive season is coming during tough times and businesses need to devise new ways of reaching out to old customers and attracting news ones, according to Charles Ocici, the executive director of Enterprise Uganda, a UNDP sponsored …

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Kenyan cooperative insurer makes bold move in Uganda

CIC Insurance Group seeks Shs7.25billion in share offer to fund expansion Regional insurance firm, CIC Africa Insurance holds just 0.01% of Uganda’s insurance business but it has signaled its determination to change that with plans offer shares to selected Ugandan cooperatives and Savings and Credit Cooperative Societies (SACCOS). The plan …

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