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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

Ultimate Uganda

Thank you Museveni for sacking the incompetent. Now, please, continue

Thank you Museveni for sacking the incompetent. Now, please, continue

President Yoweri Museveni’s decision to dismiss Dorothy Kisaka, the Kampala Capital City Authority (KCCA) Executive Director, her deputy David Luyimbazi, and the Director of Public Health, Dr Daniel Okello, over the tragic Kiteezi landfill collapse, which claimed 35 lives, marks an importa

Ultimate Uganda

Water ministry cries out again for funds to desilt River Nyamwamba

Water ministry cries out again for funds to desilt River Nyamwamba

The Ministry of Water and Environment is seeking Shs135 billion from the government to fund desilting and flood protection measures along River Nyamwamba in Kasese District. This river has repeatedly flooded in recent years, causing significant loss of life and property. This request

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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Inside Uganda’s murky carbon offset markets

Inside Uganda’s murky carbon offset markets

According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister (OPM), large swathes of the Mt Elgon ranges are uninhabitable owing to susceptibility to a

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Vandals, inside theft and ageing grid damn UETCL

Vandals, inside theft and ageing grid damn UETCL

The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi

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A bitter fight over a multi-billion shilling MTN marketing contract

A bitter fight over a multi-billion shilling MTN marketing contract

In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-

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Top 10 richest women in the world in 2024: Where does India’s Savitri Jindal stand?

Top 10 richest women in the world in 2024: Where does India’s Savitri Jindal stand?

World's Top 10 Richest Women in 2024: Here is the list of the top 10 richest women in the world as of April 2024, and among them is Savitri Jindal, India's richest woman.Complete list of World's 10 Richest Women in 2024 Women, in particular,

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How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

How Bill Gates spends his $153 billion fortune, from a luxury car collection to pledging most of his wealth to his charity foundation

Bill Gates may be the world's fifth-richest person, but he doesn't plan to stay that way forever.The Microsoft cofounder said in 2022 that he "will move down and eventually off of the list of the world's richest people" as he 

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Vision named among top 'kiosks' bleeding the taxpayer

Vision named among top 'kiosks' bleeding the taxpayer

President Museveni authorised a late Shs14 trillion tax increment that Minister Kasaija added to the Budget Estimates, leaving Ibrahim Ssemujju Nganda in a tiffFrom the standard gauge railway to Lubowa hospital and Kiira Motors to the Preside

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