Category «Business»

Clean cooking energy promoters tipped on raising funds

By Benjamin Jumbe Private players in the clean energy technology industry have been tipped on resource mobilization Speaking to the National Executive Committee of Uganda National alliance on Clean Cooking (UNACC), financial consultant Davidson Madira said organisations need to widen their scope and not only focus on support from outside. He suggests coming up with …

City traders call off strike

By Ritah Kemigisa Kampala City traders have temporarily suspended their strike which was meant to start this morning. These had resolved to close their shops following government’s alleged failure to intervene in matters like high cost of power, brutal arrest of traders by URA over trivial issues, and the pending bill meant to harmonise the …

Commercial banks to sue URA over customer information

Ugandan musician Desire Luzinda

By Ritah Kemigisa Banks under their umbrella body Uganda bankers association have assured all their customers and stakeholders that they will maintain their confidentiality and protect their right to privacy. This follows 16TH March letter by URA’s commissioner of Domestic taxes Henry Saka asking all commercial banks in the country to provide information on all …

Acute cement shortage explained

By Simon Peter Emwamu & Joseph Omollo A severe cement crisis that has forced many wholesale and retail sellers to wave off customers due to an acute shortage has been explained. Over the last two weeks, the supply of cement for the construction industry has reduced drastically, with a few outlets with minimal supply hiking …