Business

The Uganda Communications Commission (UCC) has slapped a Shs5billion fine on MTN Uganda for alleged breach of the commission’s directive’s. UCC acting director for broadcasting, Fred Otunnu says MTN has repeatedly defied directives from the commission particular the directive to desist from using short codes 157, 169, 178 and 183, […]

The negotiations between the managers of the South African Airlines and their workers over salary increment have collapsed. The workers are demanding a 12% salary increment but the airline says it’s only willing to offer a 1.1% increment on grounds that the company is making losses. The Chairman General of […]

Well governed companies are better positioned to access long term financing. This is according to the Governor Bank of Uganda Tumusiime Mutebile in a speech read for him at the opening of the Annual Company Secretaries Conference this morning. Mutebile said Small and Medium Enterprise business owners should not expect […]

President Yoweri Museveni has advised soft drink companies to use locally produced fruits to cut on the cost of importation of some ingredients. While meeting the Regional Chairman of Coca-Cola, Philipp Gutsche and Executive Chairman of Pepsi Amos Nzeyi at State House Nakasero, Museveni said there is no need for […]