Month: January 2025

Uganda Electricity Distribution Company Ltd (UEDCL) has officially been handed the electricity distribution license ready to replace Umeme Ltd, effective April 1, 2025. Umeme's 20-year concession ends in March 2025, and UEDCL's takeover of the distribution mandate is in line with the government's decision not to renew any expiring distribution

MTN-U has secured Ush 370 billion (USD 100 million) in debt financing in one of the largest local currency debt transactions in Uganda. The syndicated debt facility from five local banks was 1.6x oversubscribed, reflecting robust confidence from lenders in MTN-U's long-term potential and focus on expanding its digital and

Seven countries across the world eliminated a neglected tropical disease in 2024, an end-of-year report by the World Health Organisation (WHO) shows. Neglected tropical diseases are a group of infections common in low-income populations mainly in developing countries caused by a variety of pathogens such as viruses, bacteria, protozoa and

A number of banks have extended working hours to favor taxpayers ahead of the December 31, 2024, deadline. Section 47A of the Tax Procedures Code ct, 2014, as amended, provides for a waiver of interest and penalty outstanding as of 30th June 2023, where a taxpayer pays the outstanding principal

The Kampala Northern bypass. Sections of it will be closed off ahead of maintenance works.    The Ministry of Works and Transport has announced the closure of the Kampala Northern Bypass road for six months to facilitate repairs and maintenance. In a statement, Gen. Edward Katumba Wamala, the Minister of Works

Some of the fake currencies intercepted at the Airport on Friday.    The State House Anti-Corruption Unit (SH-AU), together with Entebbe Police and Uganda Civil Aviation Authority (UCAA) security, has on Friday conducted a joint operation at a garage in Entebbe Municipality in which they arrested three suspected fraudsters with

President Yoweri Museveni has reiterated his caution to farmers in the Kigezi region against growing tea, citing the challenges of low returns on small-scale farming. Museveni made the remarks on Friday afternoon while addressing the 2024 International Community of Banyakigezi (ICOB) Ugandan Chapter convention held at Meizimera Hotel in Kihihi

In a milestone moment that is set to reverberate across the continent, Ugandan environmentalist Lutwama Henry has been feted with the coveted Future Africa Climate Innovation Champion Award. This prestigious honor, bestowed upon him by the Heal the Planet Global Organization, is a testament to his pioneering work in harnessing

Mr. Michael Mugabi, Managing Director of Housing Finance Bank during the signing the Memorandum of Understanding with the Government.   As agriculture and food security take center stage in Uganda's national discourse, the Housing Finance Bank (HFB) is pleased to announce the signing of a transformative Memorandum of Understanding (MoU)

Cows listening to music as they wait for milking. TEIFA Farm in Serere District has resorted to playing music as a method of inducing milk production from its Friesian cows. The music is intended to soothe the cows into a state of serenity, helping them release milk from their udders.