Kampala, Uganda | THE INDEPENDENT | The Central Bank has allayed fears that some banks are at risk of failing due to the recent tightening of regulatory requirements, saying that currently, all regulated financial institutions are stable. Speaking at the opening of NCBA bank’s fifth branch in the country at Namanve Industrial …
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Mukono, Uganda | THE INDEPENDENT | The government has recorded a surge in the number of industries following key infrastructure improvements at the Namanve Industrial and Business Park in Mukono District. The government has been implementing key infrastructure developments at Namanve through contractor-facilitated financing arrangements. They include tarmacking over 44 kilometres of road networks, bridges, …
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Kampala, Uganda | THE INDEPENDENT | Investors in Namanve industrial park have protested an order by the National Environment Management Authority-NEMA to demolish structures established in wetlands. NEMA instructed several investors to raze down structures and restore the destroyed areas of wetlands, an order which, according to the Authority’s deputy spokesperson, Tonny …
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Kampala, Uganda | THE INDEPENDENT | The Land Division of High Court has issued an interim injunction blocking the Uganda Investment Authority-UIA and two other companies from operating on a contested five acres of land in Namanve, Kampala. The ruling stems from a court case in which Twed Property Development Limited …
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Kampala, Uganda | THE INDEPENDENT | The State Minister for Investment and Privatization, Evelyn Anite has directed Uganda Investment Authority-UIA to repossess plots of land in Namanve industrial park that have not been utilized by investors. Anite who visited the park on Tuesday noted that five investors who were allocated land …
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But manufacturers want power to come at cheaper price to enhance their competitiveness Kampala, Uganda | JULIUS BUSINGE | Industries operating within Kampala Industrial and Business Park, Namanve, are now receiving reliable, stable, quality and adequate electricity following Uganda Electricity Transmission Company Limited’s bold step to install 189MVA, 132/33kv Namanve …
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Kampala, Uganda | THE INDEPENDENT | Police in Namanve industrial park are investigating the officials of Orion Transformers and Electrics Limited for allegedly vandalizing transformers belonging to power distributor, Umeme limited. Orion Transformers and Electrics Limited specializes in the supply, repair and export of industrial automation equipment. It is one of …
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Kampala, Uganda | THE INDEPENDENT | Teachers under the Uganda National Teachers Union-UNATU have expressed a change of mind in pressing for salary enhancement after touring Namanve Industrial Park on the orders of President Yoweri Museveni. President Museveni directed the teachers’ Union to tour the industrial Park located in Kira …
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