The company distributes power in nine service territories covering 74 districts countrywide Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has reported a 9% increase in revenues to Shs80.1bn for the period ended June 2022 citing an increase in operational efficiency and increased customer connections. UEDCL Managing …
Read More »5th 2023 Economic Mkutano
Trade Minister David Bahati reassures private sector of government support Kampala, Uganda | JULIUS BUSINGE | Routinely the cabinet, chaired by President Yoweri Museveni is deliberating on ways in which to further support growth of the private sector – an engine for Uganda’s economy. This was the general message the Minister …
Read More »Uganda – South Africa trade, tourism summit
Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …
Read More »UETCL commissions US$ 24 million Luzira Industrial Park Substation
Big power consumers like Cipla, UBL, Metro Plastics, and National Water are to benefit from the new infrastructure Kampala, Uganda | JULIUS BUSINGE | The Uganda Electricity Transmission Company Limited has commissioned the 120MVA, 132/33kV Luzira Industrial Park Substation which is expected to boost the supply of reliable power to consumers, …
Read More »NSSF half-year contributions up 22% to Shs786bn
The Fund Asset size increased from Shs17.65 trillion in July 2022 to Shs17.88 trillion in December 2022 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after savers contributions and realized income grew by …
Read More »How MTN’s digital programme is empowering youth
The telecom company is currently implementing the Ambition 2025 Strategy premised on leading digital solutions for Africa’s progress Kampala, Uganda | JULIUS BUSINGE | As a child, Martin Tumusiime watched households and businesses frustrated with uncollected wastes in the Kampala suburbs that sometimes could end up in water channels, streets, or …
Read More »Inside the proposed 2023/24 National Budget
What the CSOs want on matters debt, public expenditure, women, food & tourism Kampala, Uganda | JULIUS BUSINGE | Civil Society Organisations under their umbrella body, the Civil Society Budget Advocacy Group (CSBAG) are urging the government to design a budget that is responsive to public debt, public expenditure, climate change, …
Read More »SEATINI makes recommendations on transition from fossil fuels to renewable energy
Kampala, Uganda | JULIUS BUSINGE | Africa needs to find its own solutions to find a win in transiting from the use of fossil fuels to renewable energy sources. This is the summary of the paper titled; “Understanding of the energy transition from an Afrocentric perspective,” written by Brendah Akankunda, Jane …
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