L-R: Kazeem Tewogbade, Co-Founder of BlueChip Technologies, Chris Baryomunsi from the Ministry of ICT and National Guidance and Soyombo Olumide- Co- Founder, Blue Chip Global technologies during the official launch of BlueChip Technology in Uganda. Today marks a significant milestone for BlueChip Technologies, an African tech giant specialized in Data
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Minister Ruth Nankabirwa (3rd Right) commissioning the biomass plant as UBL officials look on Uganda Breweries Limited (UBL) proudly announces the commissioning of its state-of-the-art UGX 37 billion biomass plant, marking a significant milestone in the organization’s commitment to sustainability while demonstrating dedication to reducing its carbon footprint. The facility represents a substantial investment by
Read MoreGrace Nandawula, (Second left) Nutrition Category Manager at Unilever hands over a basket with items donated to the muslim community to Executive Imam at Kibuli Mosque, Sheikh Mutyaba Abdusalam during the culmination of the 'share goodness' campaign. Unilever’s iconic seasoning brand, Royco, concluded its month-long Ramadhan campaign with a grand
Read MoreState House Anti-Corruption Unit Starts Withdrawing Stolen Fertilizers From Container Village As Turkish Investor Loses Shs2.2bn
The fertilizer in question/ courtesy photo The State House Anti-Corruption Unit has started withdrawing stolen fertilizers from Container Village and the market in general. The Unit is currently investigating a matter in which a Turkish company, Iskenderun Fertilizer Inc., was defrauded over Shs 2.2 billion in a transaction for the supply
Read MorePolice in Busoga East is investigating circumstances under which a 52-year-old, Betty Nabirye, a resident of Busakira C village, in Kityerera sub county, in Mayuge district collapsed and died during a village saving group meeting on Monday evening. It is reported that members of Busakira C women village saving group
Read MoreRelief At Makerere As Gov’t Allocates Funds To Harmonize Salaries In 12 Public Universities
There is a sense of relief within Makerere University staff circles after the government has allocated at least Shs61 billion to harmonies salaries of staff in 12 public universities. In an April 3 communication from the Ministry of Public Service addressed to public university secretaries, Undersecretary Godfrey Kaima noted that
Read MoreGovernment through the Minister of State for Finance, Henry Musasizi (pictured), has defended the increase of tax on fuel products from Shs1,450 to Shs1,550, saying Uganda’s economy has recovered from the COVID-19 pandemic and the increase is part of Parliament’s earlier recommendation to have tax on fuel products increased every two years. The
Read MoreURA Commissioner General, John R. Musinguzi Uganda Revenue Authority (URA) has explained why the Electronic Fiscal Reporting and Invoicing Solution (EFRIS) benefits both businesses and the Government. “It is important to note that EFRIS is not an additional tax but a mechanism for real-time monitoring of business transactions, aimed to enhance
Read MoreBoU Deputy Governor, Michael Atingi-Ego (Centre) addressing the press/file photo The Bank of Uganda (BoU) has increased the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, to 10.25%, up from 10%. On March 6, 2024, BoU held a Special Monetary Policy Committee meeting where the CBR was
Read MoreA group photo of the traders and UNCC members Local Ugandan Investors, represented by the Uganda National Chamber of Commerce and Industry (UNCCI), are urging the government to treat them on par with their foreign counterparts and to curb the detrimental behaviors exhibited by politically affiliated business entities aligned with
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