Uganda’s leading telecommunication company MTN is set to appeal against the High Court’s decision where it was ordered to pay fees for a transitional license amounting to 14.14 million USD an equivalent of 50.7 billion shillings. High Court Judge Musa Ssekaana last week in his ruling said that there was no wrongness in UCC‘s decision to inflict transition fees based…
Read MoreDay: May 7, 2021
New industries bounced over failure to meet provisions of the law
Mr. Herbert Lutwama, the Mukono District Engineer says the only way through which new industries and projects can attain a working license is by adhering to the necessary laws and guidelines. This comes after multiple investor proposals have been rejected by district officials even after they believed to have presented the required qualifications to get into business. Due to pressure…
Read MorePAC Committee Orders A Thorough Audit Into The NMS Over SHS 13.3 Billion Supply Of Uniforms
The Public Accounts Committee (PAC) in Parliament headed by Budadiri East MP Hon Nandala Mafabi has ordered a thorough audit of the National Medical Stores (NMS) over the supply of uniforms worth a whopping 13.3 billion shillings. Despite the Inspector General of Government (IGG) stating in her report that all the right procedures were followed during the purchase of these…
Read MoreUganda Investment Authority Announces Morrison Rwakakamba As The New Board Chairman
The Uganda Investment Authority (UIA) board has announced its new board chairman and its none other than Morrison Rwakakamba. Rwakakamba who will replace Dr. Emely Kugonza has been the CEO at Agency for Transformation (AfT) and also a board member at UIA. Dr. Kugonza will be stepping down just into his third year as the board chairman after winning the…
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