Kampala, Uganda | Julius Businge | The Board of East African Breweries Limited has announced that Jane Karuku will be taking over as the new Group Managing Director for EABL, it said in a media release dated Dec.11. Karuku, who has been a member of the EABL Board and the current …
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Kampala, Uganda | Julius Businge | GIZ-PREEEP in partnership with Ministry of Energy and Mineral Development and Uganda National Renewable Energy and Energy Efficiency Alliance is implementing the second phase of the awareness campaign programme dubbed “Clean Energy for a Better Life.” It was unveiled on Dec.07. It will bring companies …
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The company now plans to rollout CDAP second phase that will include rural electrification, tree planting along R. Nile and improving water and sanitation facilities Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company executives have commissioned community development projects in Kayunga District in fulfilment of a promise made …
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Government executives fail to provide viable options to lower interest rates as experts propose initiatives Kampala, Uganda | JULIUS BUSINGE | Uganda government’s over-reliance on borrowing from the local market is the main reason behind the high interest rates. This was the general assessment that stakeholders during a seminar held …
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Kampala, Uganda | Julius Businge | Nile Breweries Limited has today (Dec.04) announced the appointment of David Valencia as the new country operations director for Uganda and South Sudan. Valencia joins NBL from AB InBev South Africa Business Unit (BU), where he was the director for Mozambique sales and route to …
Read More »Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
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Discussions centres on how to finance local governments Kampala, Uganda | JULIUS BUSINGE | Optimal funding to local governments is key for the growth of local economies that feed into the national economy, according to David Bikhado Ofungi, the founder and chief executive officer of DERO and curator of the …
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A jump in cost of sales, administrative expenses largely to blame for the bad performance Kampala, Uganda | JULIUS BUSINGE | Shareholders of Cipla Quality Chemical Industries Limited will again wait to receive dividends after their company reporting Shs16bn net loss for the first six months ended Sept.30 compared to …
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They are designed to mitigate increased pressure on local social infrastructure, social services, livelihoods and natural resources Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited has commissioned the 183MW Isimba Hydropower Station Community Development Action Program (CDAP) Phase I works that commenced in December, 2018, in Kayunga …
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Lending to be directed to sectors crucial to socio-economic development including SMEs, trade, industry and agri-business Kampala, Uganda | JULIUS BUSINGE | Interest rates have risen over the past two quarters this year but commercial bank executives say current levels are still fair to both lenders and borrowers. The latest …
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