Kampala, Uganda | THE INDEPENDENT | The Attorney General William Byaruhanga has advised that there cannot be an audit of the administrators’ activities in Uganda Telecom Limited until the administration process elapses. According to a letter addressed to the Minister of Finance, Byaruhanga says the administrator Bemanya Twebaze is only …
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Kampala, Uganda | THE INDEPENDENT | The Deputy Attorney General Mwesigwa Rukutana has disregarded a directive to apply to Court for the removal of Bemanya Twebaze as the Administrator of Uganda Telecom Limited (UTL). Bemanya was appointed Administrator of UTL following the exit of Ucom Limited, a Libyan owned firm …
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Kampala, Uganda | THE INDEPENDENT | The State Minister for Investment and Privatization, has in a new twist of events written to the Attorney General to apply to the court for orders replacing Bemanya Twebaze as the Administrator of Uganda Telecom Limited (UTL). In a letter dated June 26, 2019, …
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Kampala, Uganda | THE INDEPENDENT | Both parliament and the executive can’t take any unilateral decision on the administration of Uganda Telecom Limited (UTL), Speaker of Parliament Rebecca Kadaga has ruled. She made the ruling during plenary on Tuesday in response to last week’s request by Aringa South MP, …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Telecom administrator, Bemanya Twebaze says that the company is still accessible for investment following the exit of a Nigerian firm, Teleology Holdings Limited. The Nigerian firm which had been identified to revamp UTL following a cabinet directive failed to meet its contractual …
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Kampala, Uganda | THE INDEPENDENT | Uganda Telecom administrator, Bemanya Twebaze has said that auditing of the company’s operations can only happen at the end of his administration. Twebaze denied that he had blocked any audit, but said that it was not the right time for government to carry out …
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Kampala, Uganda | THE INDEPENDENT | The Government has lost control of Uganda Telecom. This was revealed by the State Minister for Investment and Privatization Evelyn Anite. On Thursday, Members of Parliament learnt that the Nigerian firm contacted to revamp UTL, Taleology Holdings GIB Ltd failed to meet its contractual …
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Kampala, Uganda | THE INDEPENDENT | Government has offered to waive all the liabilities held by Uganda Telecom Limited (UTL), as one of the attempts to attract a buyer for the company. This is according to two people, who are familiar with the search. This means that the government …
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Back to the drawing board: UTL’s prospective investor fails to raise capital, but the good news is that the company is yet to accrue new debts Kampala, Uganda | JULIUS BUSINGE | Ugandan government is back to the drawing board to identify a new prospective investor to take over 69% …
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Kampala, Uganda | THE INDEPENDENT | Uganda has stepped up the search for an investor to revamp Uganda Telecom Limited (UTL), with Cabinet approving a proposal by the Ministry of Finance to provide a range of incentives to attract competent bids. “Cabinet agreed to and approved the proposal by the Ministry …
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