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Google’s Eric Schimidt assessment after a week in Africa

Google’s Eric Schimidt assessment after a week in Africa

Here’s a post that Eric Schimidt, Google Executive Chairman made after visiting Africa last week.  I thought it would be a worthwhile read.  After a week of business meetings in…

Mutebile wants James Mulwana’s life contribution documented

Mutebile wants James Mulwana’s life contribution documented

The governor Bank of Uganda Mutebile is calling for the documentation of ate James Mulwana’s life This was contained in his condolence message to the bereaved family and the entire…

Museveni wants more business people like James Mulwana

Museveni wants more business people like James Mulwana

President Yoweri Museveni has urged the public to emulate the fallen business man James Mulwana and avoid making investments with selfish motives. Addressing mourners at Masiriba The president has also…

Goods entering Uganda now inspected from country of origin

The Uganda National Bureau of Standards has introduced a new system which will be used to inspect goods entering the country. The executive Director Uganda National Bureau of standards Ben…

UBOS registers reduction in inflation

The Uganda Bureau of Statistics has registered a slight increase in Inflation for the first time in several months. The latest figures put the inflation rate at 4.9 percent up…

Umeme to refund oversubscribed shares

Power distribution company Umeme has raised $100 million from its Initial Public Offering failing to meet the set target of $178 million. The Chairman of the company Patrick Bitature says…

URA concerned about reduction in taxes on international trade

URA concerned about reduction in taxes on international trade

The international trade barriers have continued to stifle Uganda Revenue Authority efforts to collect revenues. The previous performance report indicated that international trade taxes posted a deficit of 89billion shillings while…

Uganda urged to purchase state owned airline carrier

As the country prepares to mark the international aviation week, the Civil Aviation Authority is urging government to expedite the processes of purchasing a state-owned airline. Government promised to buy…

UIA appeals for more local investors in Uganda

UIA appeals for more local investors in Uganda

The Uganda Investment Authority has called for more local investments in the country to ensure more balanced economic growth and development. The Chairman of Uganda Investment Authority , Patrick Bitature…

Concern over rising public debt due to increasing government borrowing

Concern over rising public debt due to increasing government borrowing

A report by civil society has revealed that government owes the public 4.5 trillion shillings accumulated from continued domestic borrowing within the last three years. Research conducted between 2002/2003 and…

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