All Africa (Free subscription) | 11/26/2009
Road Fund Joel Ogwang and David Mugabe25 November 2009Kampala — Roads: Where is the problem'The establishment of the Uganda Road Fund (URF) raised expectations that the poor state of roads will finally be fixed. However, experts say the fund must put in place the necessary structures and avoid the usual red-tape and financial mismanagement if it is to achieve its objective.In Kampala...
All Africa (Free subscription) | 11/26/2009
Tax Revenue Flight - What is the Solution? David Mugabe25 November 2009|| Share: Kampala — LAST week's Africa tax administration forum concluded that integrating Africa's tax and audit systems will contain capital flights, which is the biggest source of hemorrhage of the continent's revenues.This integration, according to delegates, can be achieved through closer collaboration and the...
All Africa (Free subscription) | 11/20/2009
Warid, Essar Deal Brings in Sh93 Billion David Mugabe19 November 2009|| Share: Kampala — WARID will use the money acquired from the partnership with the Middle East-based telecom firm, Essar Group, for expansion, a top official has said.The takeover announced on Monday will in the next few months bring in about $50m (about sh93.5b) for network expansion and upgrade, Zul Javaid, the WARID...
All Africa (Free subscription) | 11/20/2009
UCC to Fix Phone Uniform Rates Next Week David Mugabe19 November 2009|| Share: Kampala — THE Uganda Communications Commission will announce a price ceiling for cross-network rates next week.Patrick Masambu, the executive director of the commission, said on Monday that upon the announcements, all licensed telecom companies will have to adjust their rates.It will be mandatory not to charge...
All Africa (Free subscription) | 11/20/2009
Museveni Urges African Govts to Fully Finance Their Budgets David Mugabe19 November 2009|| Share: Kampala — AFRICA governments have been urged to work towards fully financing their budgets."Africa is a continent of paradoxes. While we have huge rivers, we have little electricity," President Yoweri Museveni said at the launch of the African Tax Administration Forum at Kampala Serena Hotel.The...
New Vision (Free subscription) | 11/19/2009
By David Mugabe THE Uganda Communications Commission will announce a price ceiling for cross-network rates next week. Patrick Masambu, the executive director of the commission, said on Monday that upon the announcements, all licensed telecom companies will have to adjust their rates. It will be mandatory not to charge beyond the ceiling, he said. “Most likely they will go with our ceiling...
New Vision (Free subscription) | 11/19/2009
By David Mugabe WARID will use the money acquired from the partnership with the Middle East-based telecom firm, Essar Group, for expansion, a top official has said. The takeover announced on Monday will in the next few months bring in about $50m (about sh93.5b) for network expansion and upgrade, Zul Javaid, the WARID Telecom chief executive officer, added. The Essar Group acquired a 51%...
All Africa (Free subscription) | 11/19/2009
Trade in Services Holds Back EPA's Deal David Mugabe18 November 2009|| Share: Kampala — Trade in services is one of the unresolved issues holding back further negotiations between the East African Community and the European Commission on the Economic Partnership Agreements (EPA's).Silver Ojakol, the commissioner for external trade at the trade ministry, explained last week that further...
New Vision (Free subscription) | 11/12/2009
NOKIA is to stage a competition where innovative mobile and web application developers can submit entries for local content, writes David Mugabe. The innovators will contest within the Ovi store applications found in Nokia phones like video, personal icons, games, audio and flash. The focus will be on internet innovation, flash, mobile games and social location. The Ovi is a customised...
All Africa (Free subscription) | 11/12/2009
Increase Tourism Funding, says PS David Mugabe11 November 2009|| Share: Kampala — THE permanent secretary in the ministry of trade, ambassador Julius Onen, has asked government for more funding into the tourism industry so that the country can earn its true value from the sector.Speaking to Business Vision, Onen said because of under funding, the sector remains hugely unexploited. Compared...
All Africa (Free subscription) | 11/10/2009
Israeli Firm to Support E-Government David Mugabe9 November 2009|| Share: Kampala — GILAT, an Israeli communications firm, has launched a platform to support e-government initiatives like e-voting, health and education through satellite Internet broadband.Gilat's entry into broadband provision presents a strange twist in an industry that has been excited by the arrival of the undersea...
All Africa (Free subscription) | 11/05/2009
THE East African Customs Union comes into effect January 2010, just two months away. The New Vision's David Mugabe caught up with the East African Community Secretary General, Ambassador Juma Mwapachu, in Arusha, Tanzania on the region's state of preparedness for the union, security and terrorist threats and other challenges facing the EAC. Excerpts below:
New Vision (Free subscription) | 11/08/2009
MARKET INTELLIGENCE By David Mugabe The Government has earned over sh400b from the privatisation of state parastatals started over a decade ago. The sh400b includes the weekend deal between the Government and the Mehta Group Companies, which brought the number of firms divested to 135. At least 20 more companies, including the Kilembe Mines in western Uganda have been lined up for the...
Trade Africa (Free subscription) | 11/05/2009
The East African Customs Union comes into effect January 2010, just two months away. Reporter David Mugabe caught up with the East African Community Secretary General, Ambassador Juma Mwapachu, in Arusha, Tanzania on the region’s state of preparedness for the union, security and terrorist threats and other challenges facing the EAC. Excerpts below: QUESTION: Is there a special arrangement...
All Africa (Free subscription) | 11/05/2009
Trading Low At the Bourse David Mugabe4 November 2009|| Share: Kampala — THE week opened on a sluggish note with only DFCU Bank trading on Tuesday at sh550 per share.The bank realised sh6.9m in turnover, which was an improvement from the sh1.3m attained last week. It was also an improvement in volumes, up from 2,525 shares to 12,500 shares.The bank's shares traded at sh535 per share the...
