Business & Economics

MPs ask government to revive National Airline Carrier

MPs ask government to revive National Airline Carrier

Members of parliament on the Tourism, Trade and Industry committee of parliament have pleaded to government to consider reviving a National Airline carrier to boast tourism and marketing the country. MPs on the committee chaired by Kyegegwa district woman MP Flavia Kabahenda demanded for the national carrier while meeting the minister of Tourism Maria Mutagamba who […]

UCHUMI suppliers to file objection in high court against UCHUMI bankruptcy claims

UCHUMI suppliers to file objection in high court against UCHUMI bankruptcy claims

UCHUMI suppliers are to file an objection in the high court against the bankruptcy claims by Uchumi supermarket that it can not pay them for their supplies. This follows the several meetings between the government of Uganda and Kenya (mother country of Uchumi) representatives from ministry of trade where they agreed that Uchumi withdraws its filing […]

Uganda’s Prime Minister Commissions Ikamiro-Kingfisher Road

Uganda’s Prime Minister Commissions Ikamiro-Kingfisher Road

In 2006, Uganda discovered an oil field that is now locally known as the Kingfisher Oil Field. Plans for extracting oil were delayed due to several reasons, but one of  the biggest obstacles that the government faced was access to the site. The oil field can only be approached by helicopter or on water, making it difficult for workers […]

UNREEEA tasks government to rethink access to renewable energies for all

UNREEEA tasks government to rethink access to renewable energies for all

The Uganda national renewable energy and energy efficiency alliance (UNREEEA) is tasking the government of Uganda to rethink on increasing the access to renewable energies among the nation across the country if the country’s environment and natural endowment is to be saved from massive degradation. Addressing a news conference ahead of the alliance’s first ever annual […]

Uganda losing investors because of difficult land acquiring process – Ajedra

Uganda losing investors because of difficult land acquiring process – Ajedra

The minister of state for investment Dr. Ajedra Gabriel says that the country is losing many investors to other countries because are subjected to   hard process of acquiring land compared to other countries. He says the country use bureaucratic procedures to enable investors to access land in Uganda. He says that Uganda is the only country in […]

UBA-U presents government with proposal for efficient revenue collection and cash management solutions

UBA-U presents government with proposal for efficient revenue collection and cash management solutions

Top management of the United Bank for Africa Uganda limited has presented a proposal for efficient revenue collection and cash management solutions for the Government of Uganda, to the Prime Minister Dr. Ruhakana Rugunda. The UBA-U delegation, led by its Board chairman Dr. Eric Adriko, met the Premier at his office in Kampala. The proposal […]

Minister of state for Investment dismisses COSASE findings

Minister of state for Investment dismisses COSASE findings

The implicated minister in the irregular land allocation to investors has dismissed the findings by the members of parliament sitting on the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE), saying the findings were biased against him. Eng. Dr. Ajedra Gabriel Gadison Aridru who is the minister of state for Investment says that […]

Parliamentarians recommend sacking of Minister of state for Investment

Parliamentarians recommend sacking of Minister of state for Investment

Members of parliament on the Parliamentary  Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has recommended the sacking of the Minister of state for Investment, Eng. Dr. Ajedra Gabriel Gadison Aridru, over mismanagement of the Uganda Investment Authority and irregular land allocation to investors which led to loss of billions of money for government. While […]

UBOS to release results of 2014 National housing and population census

UBOS to release results of 2014 National housing and population census

Uganda National Bureau of Statistics (UBOS) is in the final stages of releasing the results of 2014 National housing and population census with detailed indicators beyond the number of people that was released in the provisional results. The head of Communication and Cooperate Affairs at UBOS Mr. Geoffrey Nabongo while addressing Journalists at UBOS head office […]

Traders asked to tap into duty-free zones as 90 companies suspended for sub-standard work

Traders asked to tap into duty-free zones as 90 companies suspended  for sub-standard work

The trade, industry and co-ops minister, Amelia Kyambadde reminded all Ugandan traders to always take up opportunities available to them to always exploit markets in the provided free trade zones namely in India and China which government has outsourced for them. Ugandans can send a number of goods to the two countries duty free but […]

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