NSSF beats global funds in investment performance

NSSF beats global funds in investment performance

NSSF Uganda has narrowed the gap with top fund managers of similar size in investment performance at the global stage, shows industry data released by the Annual CEM Investment Benchmarking survey, commissioned by the International Social Security Association (ISSA). According to the reputable investment benchmark survey’s 27th edition, NSSF beat other saving bodies in net […]

UMEME sets $155 million 2018 investment plan

UMEME sets $155 million 2018 investment plan

Uganda’s leading electricity distribution company, UMEME Limited, injected over USD500m (about Shs1.8trn) in developing necessary infrastructure in 2017, now, they have earmarked a further USD 155 million for new investments in the next year, a top executive said on Thursday. At the ongoing Electricity Regulatory Authority’s tariff review public hearing at Imperial Hotel, UMEME’s deputy […]

“We expect to be the top paint brand in 2018” says Sadolin’s Deon Nieuwoudt

“We expect to be the top paint brand in 2018” says Sadolin’s Deon Nieuwoudt

“Are splashing more million dollars to find your back onto the top in the Ugandan market,” Deon Nieuwoudt, the planning and execution manager at the Dutch based AkzoNobel Coatings International BV, which owns the Sadolin brand name in Uganda was asked after spending Shs50 million in the just concluded Uganda Society of Architects Annual General […]

Bank of Africa Uganda commemorates World Aids Day

Bank of Africa Uganda commemorates World Aids Day

Bank of Africa, today, joined the Infectious Disease Institute (IDI) to celebrate the international world Aids day with the aim of empowering people to fight for their right to be healthy While Uganda has started recording a decline in HIV infections, the fishing communities are still ranked among the most-at-risk populations that record the highest […]

Bank of Africa Teaching Kids How to Save Money

Bank of Africa Teaching Kids How to Save Money

A new children’s program which involves parents, teachers and elders to help and motivate young ones to save by setting an example, has today (Monday, 28th) concluded a 30 day-long phase. Dubbed the Koin Challenge, it seeks to instill the culture of saving in children is run in partnership with I Profile Foundation and global giants […]

UMEME writes to regulator over retesting meters of its 1 million customers

UMEME writes to regulator over retesting meters of its 1 million customers

Power distribution giant UMEME is in talks with government body Electricity Regulatory Authority (ERA) to consider the resultant costs as Uganda National Bureau of Standards (UNBS) moves to have all electricity meters to be retested. As Ugandans wait for a public hearing next month seek for publics’ views on the utilities proposals, including the suggestion […]

Steel giants Roofings Group eye Oil & Gas deals

Steel giants Roofings Group eye Oil & Gas deals

As we end 2017, Ugandans in long walk are growing more and more anxious about the prospects of oil production anticipated to begin by 2020. But Namanve-based Roofings Rolling Mills (RRM) is positioning itself for the emerging opportunities ripe in the Oil and Gas sector, the country made a step closer to joining a league […]

NSSF’s Byarugaba takes over as chairman of regional body

NSSF’s Byarugaba takes over as chairman of regional body

NSSF Uganda Managing Director Richard Byarugaba received the gravel Wednesday, beginning the one-year term as chairman of the East and Central Africa Social Security Association (ECASSA) which seeks ways of improving social security coverage. This was at the two-day Kampala ECASSA Policy Makers Conference that is held annually on a rotational basis in the region. […]

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