Uganda fears import tariff rise after Trump win

Uganda fears import tariff rise after Trump win

Donald Trump’s presidency could lead to extra import tariff imposed on Ugandan goods landing in the US, President Museveni told legislators early this year. Uganda exports to the US largely agricultural products, which include coffee, cocoa, base metals, and fish. Last year, Uganda exported to the US goods totalling to $6.2million and imported goods worth […]

Finance ministry faulted for Shs4.892 trillion loss

Finance ministry faulted for Shs4.892 trillion loss

The Secretary to Treasury Keith Muhakanizi has admitted the over close to Shs5 trillion that was used for contingency liability were brought by land compensation after government compensated land squatters. While appearing before the public Accounts committee of Parliament, Mr. Muhakanizi and other Ministry of Finance officials were grilled by legislators over failure to follow […]

Amama Mbabazi demands sh680b from Crane Bank

Amama Mbabazi demands sh680b from Crane Bank

NBC had paid up capital of about sh10b and required a fresh injection of capital which it failed to raise before its closure and takeover by the embattled Crane Bank.  The Constitutional Court in Kampala issued notices to the Attorney General, Bank of Uganda, Crane Bank Ltd. and others on a petition that questioned the […]

Partially privatised Umeme to be a stock exchange giant

Partially privatised Umeme to be a stock exchange giant

A power technician works on a faulty line in Kampala. (File Photo) National power distributor Umeme Ltd has shown again how it is not just a banter company but rather an attractive investment and announced sale of its shares by amounting to 14.3% in a multibillion deal. Umeme in keeping with their obligations under the […]

SAVE the Children empowered me to give back to my community – Otukene

SAVE the Children empowered me to give back to my community – Otukene

Nineteen-year-old Patrick Otukene, from Patalira Village, Gulu District, lost both his parents as a young boy. Patrick Otukene was trained in Tin Smith under Save the Children YIELD Project, now he is a local artisan trainer with the new Youth Empowerment Bulgari Project. Under the guardianship of his uncle Christopher Ojok, Otukene attended Bungatira Primary […]

Tullow to resume Uganda oil fields development

Tullow to resume Uganda oil fields development

Uganda’s economic slump maybe about to ending as UK-listed explorer Tullow Oil revealed they would restart work at exploration acreage in western Uganda, a senior official said. Tim O’Hanlon, vice president for Tullow Oil’s Africa business told an oil and gas conference in Cape Town that Tullow would resume work in Uganda, where it had […]

UBC MD creepily acknowledges rot at state broadcaster

UBC MD creepily acknowledges rot at state broadcaster

Wilson Agaba, the managing director of Uganda Broadcasting Corporation (UBC) called ‘malicious’ calls by workers to stage a strike, continuing to taunt the state broadcaster’s failure to stand on its own. An internal memo was leaked on social media yesterday, calling upon workers to lay down their tools on Friday this week in protest of […]

Ssemanda hits ground running at Pepsi Uganda with STING Energy

Ssemanda hits ground running at Pepsi Uganda with STING Energy

As soon as the PepsicO International approval of the new product came through, Crown Beverages Limited (CBL)’s new Head of Marketing Brandon Ssemanda and his entire team hit the ground running. Poached from MTN Uganda months ago, Ssemanda proficient marketer today headlined as CBL, the soft drinks manufacturer behind Pepsi, Mirinda and Mountain Dew launched […]

UBC worker dies after failing to pay Shs30,000 medication

UBC worker dies after failing to pay Shs30,000 medication

State television broadcaster, Uganda Television, UTV or UBC is set for a blackout on Friday Workers at the Uganda Broadcasting Corporation (UBC) plan to strike this week in a dispute over wages, threatening a nationwide television blackout for the first time in decades, TheUgandan can confirm. This follows the death of another senior staff engineer […]

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