business

Link Bus company has suspended its daily travels for 3 days to mourn with the families of the people who perished in yesterday's accident which left over 20 lives lost. Yesterday a bus attached to Link Bus Services, reg. No. UBA 003S, with over 40 people on board veered off the road near Fort portal [...]
Uganda Airlines made about 7.6 Billion Shillings in the first three months of the year.  The money was collected from ten chartered flights. Six flights were paid for by mainly private clients to Mogadishu, Somalia while three were hired for the First Son Gen Muhoozi Kainerugaba and the late former Speaker Jacob Oulanyah. State House [...]
A section of lawyers has described the agreement signed between the government and the Uganda Vinci Coffee Company Limited as a bad deal that should be challenged in Courts of law. The agreement was signed on February 10, 2022, by Ramathan Ggoobi the Secretary to Treasury on behalf of the government and Enrica Pinetti, an [...]
The China Communication and Construction Company (CCCC) has rejected claims that most of the employees working at the on going new cargo centre at Entebbe Airport are Chinese. The Country Director China Communication and Construction Company Joseph Biao said that 1000 workers used on this project are Ugandans and only 90 are Chinese. Mr. Biao [...]
The China Communications Construction Company (CCCC), which is contracted to upgrade and expand the Entebbe International Airport, has sought a two year extension to complete the contract. The contract was expected to be completed by the end of 2022. The overall level of completion is currently at 76 % as work on the new passenger [...]
The Supreme Court has ordered that Bank of Uganda pays costs of a 5 year legal battle to businessman Sudhir Ruparelia - the former owner of Crane Bank Ltd. Five justices of the Court led by Apio Aweri have unanimously ruled that since Bank of Uganda chose to withdraw its appeal, it meant that the [...]
Kampala Capital City Authority - KCCA has been sued for cancelling the process of procuring an entity to develop and operate street parking services in the city. KCCA is being sued by Urban Living Limited which is seeking (1.1 Billion Shillings) in compensation as a result of the cancellation of the procurement process. Urban Living [...]
The Ministry of Agriculture has launched the construction of a 2.8 billion shillings Zonal Animal disease control centre in Nwoya District. The multibillion facility will be constructed in Got Apwoyo Government Farm under the Agricultural Value Chain Development Project funded by the African Development Bank-ADB. Speaking to stakeholders and community members of Got Apwoyo at [...]
Government has unveiled a plan to impound imported counterfeit mobile phones currently sold in shops around the country. The State minister for ICT and National Guidance Godfrey Kabbyanga Baluku made the disclosure while appearing before the  parliamentary committee on ICT chaired by Budiope East member of parliament Moses Magogo. The committee is handling a petition [...]
Oil companies and the business community are calling on the President to assent to laws that will govern the oil and gas industry. Following the passing of the East African Crude Oil Pipeline (EACOP) Bill by parliament last week, there was excitement and hope for the pipeline project construction to commence. However, the Bill is [...]

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