The ugx35m-machine is a donation from Vi-Agroforestry, a development organisation fighting poverty and climate change in collaboration with farmer’s groups and organisations, advising and training farmers in sustainable agricultural land management.
Centenary Bank MD, Fabian Kasi says as the risk levels increase, the banks have no option but to be more cautious about lending, but also advises businesses to also consider risk a major component of their business planning.
Speaking at the 6th annual East African Communications Association-EACA conference convened virtually at Uganda Christian University, Okwakol said that institutions should consider developing approaches favouring companies offer mentorship to students.
Prof Kaawaase says that such institutions, including Crane Bank which is still a center of conflict between Bank of Uganda and the bank’s shareholders, always have audit reports with unqualified opinion of the auditors, on such institutions’ financial positions.
One striking revelation from the report by National Building Review Board -NBRB about the building that collapsed in Kisenyi was: the building had been constructed with substandard steel produced by Pramukh Steel Ltd.
Uganda Securities Exchange handled companies whose total capitalisation is about 4.3 trillion shillings, compared to MTN’s 4.5 trillion shillings. The company handles mobile money transactions worth 100 billion shillings daily, and by the end of 2020, it was holding 655 billion shillings in mobile money deposits, up from 450 billion in 2019.
Moreen Atuheire, a resident of Bugongi in Nothern Kabale Municipality, says that recently, Kabale Municipality and Uganda National Roads Authority removed street solar lights along Kabale main street after developing a fault and connected them to the main grid. She says that whenever the power goes off, the street lights also go off.
Christopher Kyalimpa, one of the protesters blames the local leaders for shunning their responsibilities leading to poor service delivery. He says that they find a huge challenge to transport produce to the market because of the huge potholes on the road
Joseph Mwanje, 67, one of those on the verge of eviction, says that their pleas to Ssenkubuge to present the landlord has been futile, adding that he only becomes angry whenever their raise the matter.
The testing of the products has often been delayed because of the movement of samples from the production sites to the UNBS testing labs in Kireka, which led to more expenses on the part of the producers.
This morning, angry residents and the business community from Goans Quarters blocked the 1.5 kilometers road protesting its appalling condition. They mounted barricades, boulders, wood logs and planted crops demanding that no business takes place along the road until it is repaired.
With 4,477,808,848 ordinary shares being offered, from the 20 per cent of its share capital, the company says it is looking to raise 895 billion Shillings, which will be about double the cumulative sum raised in Initial Public Offers since June 2000 when the first IPO was done.
Construction of the 3 Kilometers roads that started last month has since stalled on the 0.27 Kilometers- Kms Wanyama Bony road, and 0.65 Kms Ekaka road after residents constructed residential houses, wall fences on the road reserve. The owners of the structures are demanding compensation before works can proceed.
Addressing staff at the National Fisheries Resources Research Institute-NAFIRRI in Jinja city on Wednesday, Adoa claimed that most illegal fishermen are wealthy individuals who use their influence to engage in illegal fishing practices without any restraint.
Ibrahim Abdisalam, the General Sales Agent (GSA) Arab Air in Uganda, says that the company is set to boost its relationship in the country and market opportunities for Ugandans travelling to and from the United Arab Emirates (UAE).