Company News

BREATH OF LIFE: Nile Breweries donates 300 oxygen cylinders to save COVID-19 patients

CEO ReporterCompany NewsNews & AnalysisJuly 22, 2021July 22, 2021

Nile Breweries Limited has donated 300 oxygen cylinders valued at over UGX 333Million (US$92,000), to benefit major referral hospitals in 17 districts across Uganda. The 75kg oxygen cylinders, will prove…

TOUGH START: New Vision’s Don Wanyama Announces Loss making position for Financial Year 2020/21

CEO ReporterCompany NewsJuly 21, 2021July 21, 2021

It’s a tough start for Don Wanyama as he announces that The New Vision Printing and Publishing Company is in a loss making position for the Financial year 2020/21. Wanyama…

Africa prone to Cyberattacks as other parts of the globe – Kaspersky

CEO ReporterCompany NewsJuly 20, 2021July 20, 2021

With digital transformation a top priority on the corporate agenda as companies identify new ways to grow their business, cyber attackers and opportunist cybercriminals remain very active. And although Africa…

Minister Kasolo applauds Letshego for supporting gov’t by employing Ugandans and superior service provision

CEO East Africa MagazineCompany NewsJuly 17, 2021July 17, 2021

Finance State Minister in charge of Microfinance Haruna Kasolo has praised Letshego Uganda for employing locals and offering both treatment and donations during the Covid-19 pandemic. The Minister made the…

URSB Tips Innovators on How To Protect their Pandemic Inventions

CEO ReporterCompany NewsNews & AnalysisJuly 17, 2021July 17, 2021

Faced with a global pandemic, innovators in Uganda have responded by developing breakthrough solutions to address local and global needs. Intellectual property, on the other hand, has played an integral…

URA Tax Education Mobile Office to enhance registration, education and compliance

CEO ReporterCompany NewsJuly 15, 2021July 15, 2021

Uganda Revenue Authority has launched a Tax Education Mobile Office in form of a Specialized Mobile Tax Bus Unit (Bus) under the theme “Tujenge Uganda”. This, as the taxman celebrates…

Hima Cement Launches Fundi Masonry Cement In Western Uganda

CEO ReporterCompany NewsJuly 15, 2021July 15, 2021

Hima Cement Limited has today launched Fundi Masonry Cement, its latest addition to their ever-growing list of products. In a statement, Hima Cement says Fundi Masonry Cement is an application-based…

Kabira Country Club is not indebted to NWSC, court rules

CEO ReporterCompany NewsLegal & JusticeJuly 15, 2021July 15, 2021

Court has ruled that Kabira Country Club Limited is not indebted to National Water and Sewerage Corporation (NWSC) and as thus the Shs147,269,805 Invoice issued in December 2017 was in…

Umeme kicks off construction of a UGX5 billion substation to address power demand in Entebbe

Edna KyokunzireCompany NewsJuly 14, 2021July 14, 2021

Residents of Entebbe Municipality should look to better electricity services following Umeme’s announcement for construction of a 20MVA Substation in Nakasamba, Entebbe. This was moments after National Water and Sewerage…

COVID-19 Lockdown: How beverage companies are coping

CEO ReporterBusiness & MarketsCompany NewsNews & AnalysisThe Big StoryJuly 12, 2021July 13, 2021

Paddy Muramiirah, Chief Executive Officer of Crown Beverages Limited says while the first lockdown caught them off guard and put them in panic mode for a few weeks, this one…