Category «Business»

Ugandan at helm of Tullow Oil

Tullow Oil Uganda has appointed Jimmy Mugerwa as the General Manager. Mugerwa who officially assumes his new position on October 1st, brings almost 20 years of experience in managing large and diverse international teams within the energy sector. He joins Tullow Uganda from Shell’s East Africa Business where he has been General Manager Sales and …

Terry Kahuma fights interdiction

Interdicted Uganda National Bureau of Standards Boss Terry Kahuma has gone to court, challenging his dismissal from office. Kahuma says the investigations on which his sucking was based were illegal and wants to be reinstated into his office. In the petition filed before court, Kahuma accuses Trade Minister Amelia Kyambadde, of having unlawfully instituted a …

BOU returns Libyan assets

The Governor of Bank of Uganda Prof. Emmanuel Tumusiime Mutebile has today returned Tropical Bank Uganda Ltd to its majority shareholders of the Libyan foreign bank. The Central Bank took over the management of the bank following a UN Security Council resolution, which imposed a freeze on all assets of the Libyan government. The freeze …

UNBS probe instituted

The minister of trade and industry Amelia Kyambadde has today announced a commission of inquiry into Uganda National Bureau of Standards over allegations of corruption and abuse of office. This comes weeks after the minister suspended the Executive Director of UNBS Dr Terry Kahuma over what the ministry described as various management problems and weaknesses …

Wandegeya kiosks demolished

Kampala Capital City Authority has today demolished illegal structures in Wandegeya. The road side kiosks operating illegally in the area have all been demolished. The owners of containers have been given one day to relocate them following pleas to the KCCA officials not to drag them away. The authority’s head of law enforcement Patrick Katungyi …