Business Archives - Page 11 of 15

Uganda Civil Aviation Authority adapts direct routing to cut emissions and costs.

adminJuly 6, 202401 mins

Uganda Civil Aviation Authority (UCAA) has launched Direct Routing Operations (DRO) within the Entebbe Flight Information Region, marking a significant step forward for Uganda’s aviation sector. This strategic move aims to support Uganda’s economy and environmental protection efforts by reducing airlines’ operational costs and minimizing carbon emissions from fuel and burns. Utilizing advanced Meteorological databases,…

New Unit established to oversee URA Operations.

adminJuly 5, 2024July 5, 202401 mins

His Excellency Yoweri Kaguta Museveni has created the State House Revenue Intelligence and Strategy Operations Unit to oversee the operations of the Uganda Revenue Authority (URA). Earlier this year, several URA employees were detained on charges of corruption. Among the accused were Caroline Naggoli and Benedict, who were alleged to have solicited a bribe of…

Money lenders stay warned- Baryomunsi

adminJune 28, 202404 mins

Financial institutions such as Microfinance Organizations and Savings and Credit Cooperatives (SACCOs), among others, have been cautioned and instructed to cease the practice of requesting Identity documents like Passports, National Identity cards, and Warrant cards as collateral security. The Minister for Information and Communications Technology (ICT) and National Guidance, Hon. Dr. Chris Baryomunsi, has made…

Entebbe Airport Conducts Successful Emergency Drill

SML ReporterJune 24, 2024October 8, 202403 mins

Entebbe International Airport took proactive measures to ensure passenger safety today, conducting a partial emergency exercise to assess its readiness in the event of an aircraft accident. The simulated scenario allowed airport authorities to evaluate response times, fire-fighting capabilities, medical emergency services, and coordination with stakeholders. The exercise, which involved multiple agencies, aimed to test…

Have confidence in the Aviation Sector. Bamwesigye urged Ugandans.

adminJune 20, 202403 mins

As the volume of travel through Entebbe International Airport continues to increase, the efficacy of emergency response measures is being put to the test. Fred Bamwesigye, the Director General of Uganda Civil Aviation Authority (UCAA), has reassured both the general public and travelers that the emergency response team is well-prepared and fully equipped to handle…

Community Engagement Key to Aviation Safety: UCAA Sensitization Seminar

SML ReporterJune 20, 2024October 8, 202402 mins

The Uganda Civil Aviation Authority (UCAA) recently took a significant step towards ensuring safer skies by conducting a sensitization seminar for the Nakiwogo Landing site/market community. Held at the UCAA Head office, the seminar aimed to emphasize the crucial role of proper waste management in preventing bird strikes. Bird strikes pose a significant threat to…

Bank of Uganda Announces Liquidation of Mercantile Credit Bank.

SML ReporterJune 18, 2024June 18, 202403 mins

In a decisive move,the Bank of Uganda (BoU) has placed Mercantile Credit Bank Limited under liquidation, effectively revoking its license and ordering the wind-up of its operations. This decision, enacted under Sections 99 and 17 (b) & (f) of the Financial Institutions Act 2004 (as amended), stems from critical issues within the bank that pose…

Was your company deregistered? Here is an opportunity to open it.

SML ReporterJune 16, 202403 mins

By Nakitto Joselyn Elizabeth The Registrar General of the Uganda Registration Services Bureau (URSB), Mercy Kainobwisho, has announced a grace period for companies that were deregistered last year. In a public notice published on the URSB portal early this week, Kainobwisho wrote that companies now have up to August 30 to regularize their existence or…

Enhance your skills, URA urges Clearing agents

SML ReporterJune 16, 2024June 16, 202403 mins

Sunday, June 16, 2024 By Nakitto Joselyn Elizabeth The Uganda Revenue Authority (URA) has appealed to the clearing agents to take on the Continuous Professional Development (CPD) training to improve their role in the supply chain. Abel Kagumire, the Commissioner of Customs has emphasized the importance of the training, highlighting its detailed modules pertaining to…

Uganda embraces environmental sustainability with electronic bus production.

SML ReporterJune 14, 202403 mins

Friday, June 14, 2024 By Nakitto Joselyn Elizabeth. In a campaign to preserve the environment, the government pledges to continue supporting Kiira Motors Corporation (KMC) with shs 32.5 billion to complete the vehicle plant in Jinja for production of electronic buses to embrace environmental sustainability. This fund was located in the budget which was read…

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