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UEDCL records Shs1.71t revenue in first year of power distribution takeover

UEDCL records Shs1.71t revenue in first year of power distribution takeover

Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo

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Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate

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Iran's largest steelmaker appeals to global industry bodies after strike kills workers

Iran's largest steelmaker appeals to global industry bodies after strike kills workers

Iran's largest steelmaker appeals to global industry bodies after strike kills workersintellinews.com3hIran's largest steelmaker appeals to global industry bodies after strike kills workersMobarakeh Steel Group, the largest steel producer in the Middle East and North A

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Relief as Najjera–Kira road nears completion

Relief as Najjera–Kira road nears completion

Tarmacking of the section this week reached Najjera Police Station, about half a kilometre from Kiwatule where the works are expected to end Residents and motorists using the Kiwatule–Najjera–Kira road are finally seeing visible progress, bringing long-awaited relief after years of nav

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Asan Kasingye Raises Concerns Over Rapid Data Depletion by MTN Uganda

Asan Kasingye Raises Concerns Over Rapid Data Depletion by MTN Uganda

Retired Assistant Inspector General of Police, Asan Kasingye, has raised concerns over the rapid depletion of a mobile data bundle, prompting responses from both the telecom provider and the public.In a post shared on X (formerly Twitter), Kasingye stated that a UGX 10,000 “Gaga weekdays

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How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the country’s push toward a digital economy.Mobile money has revolutionized

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JUST IN: Mirembe Beddings breaks silence on relationship with Nsambya Furniture

JUST IN: Mirembe Beddings breaks silence on relationship with Nsambya Furniture

Mirembe Irene Nagawa has announced her separation from Ivan Segujja and assured clients that her business operations will continue without disruption.Mirembe Irene Nagawa has announced that she is no longer in a marital partnership with Ivan Segujja.In a public notice dated March 17

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Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Tears, anger and desperation have engulfed the streets of Mbarara after a sweeping city council operation to restore “order” turned into a full-blown eviction storm, leaving thousands of street vendors, kiosk owners and small traders counting heavy losses and staring at an uncertain future.

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Mobile money taxes reversing digital financial inclusion in Uganda

Mobile money taxes reversing digital financial inclusion in Uganda

Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay

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GO AHEAD: KCCA clears Ham to complete Owino demolition

GO AHEAD: KCCA clears Ham to complete Owino demolition

The Authority said on Sunday that the remaining structures were “found to be destabilised and unsafe” and recommended “their controlled removal to protect traders, customers, and the surrounding community.” Kampala Capital City Authority (KCCA) has cleared the complete demolition o

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