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Uganda’s watchdog charged with policing the quality of goods and services is flush with cash yet dangerously hollow in capacity. Uganda National Bureau of Standards (UNBS) closed the 2023/24 financial year with record revenues—UGX73.9 billion in non-tax revenue. This was far above its UGX54.4 billion target and sharply higher than the UGX60 billion recorded the previous year. Import inspections also crossed 293,000, well beyond the 200,000 goal. On paper, the regulator looks stronger than ever. But the picture on supermarket shelves tells a different story. More than half of locally produced goods—including food, drinks, and cosmetics—slip through the cracks, entering…
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In yet another legal gimmick, largely perceived to be a delay tactic, to buy him time, against the inevitable, businessman Hamis Kiggundu (Ham) has applied to the Constitutional Court, seeking to overturn, a 6th June 2023 Supreme Court ruling that foiled the businessman’s attempts to avoid repaying billions that he borrowed from Diamond Trust Bank (U) Ltd (DTB-U) and Diamond Trust Bank (K) Ltd (DTB-K). In a 07th of July 2023 application to the Constitutional Court, Ham, together with his two companies, Ham Enterprises Ltd and Kiggs International (U) Ltd, have dragged the two banks and the Attorney General to…
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Bank of Uganda has previously claimed that the death last year of the former Governor, Prof. Mutebile, did not affect the validity or legal status of the bank notes he signed. It is now clear that BoU had no faith in its claims because, on the 15th of March 2023, it issued a statement indicating that there were new banknotes in circulation bearing the signature of the Deputy Governor, Mr. Micheal Atingi-Ego. What is surprising is that these new banknotes were printed in 2022, shortly after the death of the late Governor and at the time when BoU was insisting…
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By Fred Muwema A Covid-19 patient who needs to acquire hospital care in Uganda must now employ a triple strategy to survive. The first strategy is to fight the virulent virus in your body. The second strategy involves fighting the high cost of treatment which may await you at the hospital. The third strategy involves praying that both the virulent virus and the astronomical cost of treating it, do not kill you sooner. One thing for sure is that whether you survive or die from the virus, you may not survive the high cost of the treatment unless you are…
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The Electoral Commission released a revised roadmap for the 2020/21 general elections where it stated that “mass rallies will not be allowed but campaigns will be conducted mainly through media.” Many people are wondering how a restriction on one aspect of the campaigns i.e. mass rallies, can reduce the whole election into a “scientific election”? The reality is that it is the rallies which have the pull and push power of the campaigns and the campaigns are the gravitas of the electoral process. You literally cannot tell when the electoral process has begun until the campaign rallies have begun. So…
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The Author is a lawyer, Fred Muwema of M/s Muwema & Mugerwa Advocates The ever increasing presidential cash handouts also known as presidential handshakes are becoming a thought provoking ritual. Our President has a prerogative to render financial help from his well-nourished State House budget on donations, however it is concerning that the boundaries of this prerogative might be going beyond the limits of the cosmos. And it doesn’t really matter whether it is the people chasing the presidency for handshakes or vice versa. The effect is the same since the devil is always in the detail. Without inquiring into…
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Kansai Plascon’s USD$126 mn (UGX452.5 bn) of the former Sadolin Paints (Uganda) Limited, Sadolin Paints (Tanzania) Limited and Sadolin Paints (EA) Ltd of Kenya was perhaps one East Africa’s biggest acquisitions in 2017. Even bigger, especially in Uganda, was the fight between Akzo Nobel the owners of the Sadolin brand and Kansai Plascon the new operators of the infrastructure and distribution network, left after Akzo Nobel had taken away its Sadolin name.
Two years, after the introduction of Plascon paints to replace the Sadolin brand and the re-launch of Sadolin into the market, CEO East Africa’s Muhereza Kyamutetera looks back at the contested takeover and who is winning the share of wallet war.
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