Big sugar producers insist government must incorporate zoning clause Kampala, Uganda | PATRICIA AKANKWATSA | The fight over the proposed Sugar Bill 2016 seems to be far from over as President Yoweri Museveni promises to return it back to Parliament barely four months since it was passed in November …
Read More »Streaming helps boost 2018 music industry sales
London, United Kingdom | AFP | Worldwide music sales rose by nearly 10 percent in 2018, a fourth consecutive year of growth fuelled by online streaming, according to figures released on Tuesday by an industry body. Revenues reached $19.1 billion last year, the International Federation of the Phonographic Industry, which …
Read More »MTN Uganda revenue rises to Shs1.38trillion
Telecoms subscriber base reaches 11.3million Kampala, Uganda | ISAAC KHISA | MTN Uganda has recorded a 4.4% rise in revenue to Shs1.38 trillion for the year ending December 2018 owing to increase in customer numbers, data and fintech services. The company’s financial statements shows that its customer numbers rose …
Read More »Xsabo Group pioneers biodegradable sanitary pads on Ugandan market
Franziska Leischker is the director at Xsabo Foundation in Uganda. She spoke to Isaac Khisa about the opportunities of their new product dubbed Fancy Pad. Briefly tell us about the Fancy Pad project. Why did you decide to come up with such a project? The “Fancy Pad” project is …
Read More »Museveni’s dream on the economy
Expert views on how the economy could be put on the right growth path Kampala, Uganda | JULIUS BUSINGE | There is a general consensus that Uganda’s economy has recently improved and now is doing well. This is coming from highly respected institutions like the International Monitory Fund, World Bank, …
Read More »$567million Isimba dam switched on
Private sector players ask for affordable electricity to power industries Kampala, Uganda | JULIUS BUSINGE | On March 21, President Yoweri Museveni commissioned the Isimba Hydropower Dam, adding 183MW to the national grid. But the private sector, who consume most of the electricity accounting for 20% of their production …
Read More »Stanbic suspends trading on Uganda Securities Exchange
Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Holdings Limited has suspended trading on the Kampala based Uganda Securities Exchange until further notice. In a notice signed by Paul Bwiso, the USE chief executive officer, circulated on April 01, said that the institution is undergoing reorganization through the formation …
Read More »Gov’t considering satellite cities for Wakiso
Kampala, Uganda | THE INDEPENDENT | The government is preparing to zone Wakiso before it is elevated to a city status in the near future, State minister in charge of local government Jenipher Kacha Namuyangu has confirmed. The proposal of Satellite Cities has been discussed over the years, however, …
Read More »IAA engages human resource managers
Kampala, Uganda | JULIUS BUSINGE | In a bid to strengthen its relationship with human resource managers for different organisations, International Air Ambulance (IAA) held a breakfast dialogue at the Sheraton Kampala Hotel on March 29. The aim of the meeting was to expose opportunities for Ugandans to access high …
Read More »UCC backtracks on radio frequency for Parliament
Kampala, Uganda | THE INDEPENDENT | Parliament will not have absolute control of the Uganda Broadcasting Corporation (UBC) Red Channel 98.0 FM, as it will only convey its programs through UBC, URN has learnt. According to the Uganda Communications Commission (UCC), Parliament will be producing programs, and UBC will host …
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