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 […]

Wakiso seeks Shs7b for Industrial park

Wakiso seeks Shs7b for Industrial park

Wakiso District has appealed to the Government for support in raising Shs7 billion to purchase land for an industrial park. The District speaker, Simon Nsubuga, said five square miles had been identified but there was no money to make the purchase yet and there is not enough money coming from the four municipalities of Kira, […]

CAA marks International Aviation Week

CAA marks International Aviation Week

Today, Uganda joined the rest of the world to mark the International Civil Aviation Week that runs from December 1-7 annually. Civil Aviation Authority Public and Corporate affairs manager Vianney Luggya said that the week is celebrated by the global aviation communication to commemorate the memorable week of meetings that led to the signing of […]

“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 […]

Busia cross-border traders embracing Electronic Single Window

Busia cross-border traders embracing Electronic Single Window

Cross-Border Traders from both Uganda and Kenya have applauded both their governments for implementing the Electronic Single Window; a paperless platform that leverages technology to facilitate private sector trade through allowing for electronic submission of information, documentations and processing of import, export & transit related trade documents and requests. Speaking during a November trade visit […]

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 […]