UIA rewards CNOOC for the Lake Albert development project

The Uganda Investment Authority (UIA) awarded CNOOC Uganda Limited the FID (Final Investment Decision) Appreciation Award for the Lake Albert development project. President Yoweri Museveni, at this landmark ceremony, said that the revenues accrued from…

Cornwell threatens to sue over unlawful termination

The former Chief Executive Officer of Uganda National Airlines Company Limited (UNACL), Cornwell Muleya has written to the airline Chairman Board of Directors and Permanent Secretary Ministry of Works threatening to sue…

Ucanda resigns from UETCL citing negative media reports

The Uganda Electricity Transmission Company Ltd (UETCL) chairman Board of Directors, Mr Peter Ucanda, has resigned from his job citing what he called negative media reports that have soiled his hard-earned reputation…

Britania dragged to court over alleged fraud

Britania has been accused in court of cooking books ahead of selling the confectionery producer to private equity firm Catalyst for KSh1.2 billion (UShs37.5bn), inflating the buyout price nearly ten times. Catalyst…

NWSC seek funds to complete Katosi Water Project

 NWSC is seeking an additional Euro 45 million to complete the establishment of water distribution lines connecting to the water reservoirs of the Katosi water project. The government constructed the Katosi water…