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Lotto company starts in Uganda



Ugandans with a knack for playing money games will be the beneficiaries of Shs1.5 billion that Global PS Lotto Investments company, a new lotto firm, has pledged to give away in Kampala.
Mr Surasit Sangkhaphong, the chief executive officer of Global PS, said the company will launch its money games to the public on February 1.
The local company, which is a subsidiary of Global PS Lotto Investment Company in Dubai, United Arab Emirates, is replicating the Scratch for Cash money game that was pioneered in Uganda in the late 90s by business man Sudhir Ruparelia, the chairman of Ruparelia Group.
Mr Sangkhaphong said the participating public will win cash between Shs1,000 and Shs50, million by investing between Shs1,000 and Shs1 million.
While winning in the company’s money games is real, chances of losing money to the investors are also high.
Launching the company at a dinner in Kampala on Tuesday, Mr Sangkhaphong said the company is here to add value to the lives of Ugandans.
“We want to contribute to the nation’s good causes,” he said. He added that the company will be very instrumental in giving back to society through its corporate social responsibility programmes.
The company pledged to contribute to education through scholarships, sports equipment, as well social welfare like free water supply, medical checkup.
The programmes will partly be supported by the company’s profit and money that some lucky winners will not take up in the recommended time of the games they play.
http://www.monitor.co.ug/Business/Commodities/-/688610/841782/-/hfylke/-/index.html
 

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Its situated on place 100 out of 127, so how can it be one of the best countries for doing business in the world??:nuts:
I think there are many countries in the worl over 300 countries on planet earth but they chose 127 countries as a case study and Uganda happened to be one of those countries, thank u
 

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I think there are many countries in the worl over 300 countries on planet earth but they chose 127 countries as a case study and Uganda happened to be one of those countries, thank u
I don´t think that there are over 300 worldwide, where do you get this from, the rest is not included in this list because they have maybe just a few thousand inhabitants. So logically thinking, one cannot be the best in this list, when its on place 100 out of 127, thats a simple fact.
 

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Or a simple comparison, when you have Olympics, and you have a marathon with 127 runners, you wouldn´t call the one who comes in at the 100th place one of the best, would you? You wouldn´t do it even if you had 240 or 300 runners.
 

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Or a simple comparison, when you have Olympics, and you have a marathon with 127 runners, you wouldn´t call the one who comes in at the 100th place one of the best, would you? You wouldn´t do it even if you had 240 or 300 runners.
boy style up, this is not Oasis, post yo arguements in Oasis and post your development news here, :bash::bash:
 

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So you agree that there are no 300 countries and being on 100th place out of 127 is not being one of the best??
uganda is doing great in buisness is not one of the best but theres a lo of buisness. like in 100 etres sprint usain bolt wins but the guy that comes last isnt slow the others are jst faster. buiness in uganda in good but in other countries its better.
 

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uganda is doing great in buisness is not one of the best but theres a lo of buisness. like in 100 etres sprint usain bolt wins but the guy that comes last isnt slow the others are jst faster. buiness in uganda in good but in other countries its better.
I never said that there are no business opportunities in Uganda, this thread proves it.
 

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well done uganda we are doing so well but why does m7 that fool have to hold us back. if we had a president that loves the country not money and done his job growth could double. all he does is spend millions that unnessecary.

btw
can someone show me some pics of lugogo indoor arena. i have read about what they are doing buut i want to see what its looking like.
 

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northern uganda

1000 homes are being built in northern uganda to house the people made homeless from the war at the same time 20 orphanges are being constructed to house the children who were made homeless and orphans. around 700 homs will be in gulu due to its larger population 300 to the others towns and districts.
 

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tororo to get 900 billion shilling for phosphate industry

Tororo District is expected to receive Shs$500 million (about Shs925 billion) from World Bank for the construction of a phosphate industry. Tororo Resident District Commissioner Mpimbaza Hashaka told journalist in Kampala, Monday upon the completion of the project, Uganda would increase its capital inflow and reduce capital outflow as phosphate exports are set to increase.

He said Uganda has been importing phosphate products including fertiliser and sulphuric acid from India. “I believe with the commencement of the project, Uganda will be able to increase on its export earnings due to diversification of exports,” Mr Hashaka said. He said the funds would be used in paying farmers living near the mineral resources.

The project according to the RDC, will be commissioned by president Museveni on a date yet to be set. Meanwhile, government will soon start the construction of a multi-million dollar dry port at Malaba boarder. The project aims at easing movement of goods and services between Kenya, Uganda and Rwanda. Its completion will rejuvenate trade in East Africa as Malaba links Kenya to Uganda, Rwanda and Burundi.


Great Lakes wins Tororo inland port bid

KENYA’S Great Lakes Company has won the bid for the Tororo Inland Port for the second time.

The firm, which was chosen by the trade ministry, will build, own and operate the port.

When Great Lakes won the bid for the first time, it was cancelled by the Court of Appeal in a case brought up by the Uganda Inland Port Company, which had earlier been granted a licence to put up a port in Namanve. The Court said the trade ministry had not followed the Public Procurement and Disposal of Public Assets Authority (PPDA) rules.

Although the Kenyan firm beat Maersk, Kenfreight, Spedag and Mukwano this time, industry sources said some of those companies had asked the ministry’s permanent secretary to review the process, claiming it was not fair.

“The bidding instructions specified that bidders must have over 200 hectares within a short distance from the border. That was tailored for Great Lakes, which had already bought over 200 hectares in the area,” they said.

By Tuesday last week, they had not heard from the permanent secretary and said if the 10 mandatory days from February 14 passed without a reaction, they would appeal to the PPDA.

Also, freight forwarding companies had complained about the port, saying it was going to become a monopoly, would stifle business and increase the cost of doing business in the region.

Meriam Sebunya, the chairperson of Uganda Freight Forwarders, said bringing back monopolies in a liberated era was a throwback that would be sending the wrong signals to the dozen or so firms that had invested in inland container depots (ICDs).

“Are we going to tell them to close up and go after they have each invested over $5m (about sh9.85b) in the ICDs? Why not follow the telecommunications model where there is competition on equal footing for all mobile firms, which has led to cheaper and more efficient firms than the original monopoly? What do they fear?” she asked.

Sebunya said monopolies resulted into messes like expensive power as well as Rift Valley Railways type of problems, which are difficult to solve.

They also said a ministerial sub-committee on the port had been against it although the former trade and industry minister, Janat Mukwaya, brought out a minority report supporting the port.

when does construction start.
 

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Gulu gives 300 acres to UIA
Sunday, 17th January, 2010

By Chris Ocowun

TWO families in Awach and Paicho sub-counties in Gulu have given 300 acres of land to the Uganda Investment Authority (UIA) for an industrial park.

Reagan Okumu, the MP for Aswa county, told The New Vision over the weekend that UIA had wanted between 300-700 acres of land for the park.

The community of Aswa county had also offered the investment agency 300 acres, he added.

Okumu rubbished claims by some leaders that opposition politicians in Gulu were mobilising people not to give land to Uganda Investment Authority.

“We shall always give land for an industrial park in Acholi. UIA has the right to get land and are in touch with the families who offered them the land,” Okumu said.

He said the authority’s officials were in the process of agreeing with members of the two families on the cost of the land.

A preliminary survey of the offered land had already been carried out by officials of Gulu land office, the MP said.

The officials were ready to give optional areas where UIA can get more land for industrial park in the district, he added.

Sylvester Obol of Awach sub county, said the land is located at Oding village.

Gulu district land surveyors had inspected the land and the Government valuers were expected to establish the value of the land so that UIA can compensate the owners, Obol added.

Walter Ochora, the Gulu resident district commissioner, said land for the industrial park had earlier been identified at Koro sub county on the Gulu-Kampala highway, but due to the poor leadership in Acholi, the owners of the land refused to participate.


mbarara industrial park is the smallest with only 10 buildings it will be exended its already been completed.
 

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this story really touched me because im from gulu to here they now have digital tv and television stations from all ove africa is great. when iwas last there not many tv stations were available well anyway here is the story.


ntv reaches gulu

new television station incuding ntv kenya ntv uganda wavvah tv and ubc have reached gulu 5 new broadcasting station have been built and north tv who provides tv for gulu lira pader and some parts of arua has been upgraded. the tv in gulu will help revelutionise gulu town and show the people of uganda that the people of gulu ae up to date. and provide the people of gulu with the same television service as everyone else. investments of up to 600 million shillings have been made. people see the war as an opurtunity to rebuild gulu town as you will see gulu town has more constructon than mbale and jinja at the moment.


please watch the video on the link.
http://www.youtube.com/user/ntvuganda#p/search/1/k8VqGdB0UII
 

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Government Internet plan in gulu

provide internet to the population of gulu.

Gulu unveils Shs1 billion project


Gulu Municipality officials on Monday launched a series of construction works which are meant to improve infrastructure and are poised to boost its push for a city status.
The contract signing and ground breaking ceremony for the multiple projects worth over Shs1 billion was overseen by the mayor, Mr Christopher Acire and the Town Clerk, Mr Augustine Bujara, in the presence of contractors and the media.
The projects, meant for this financial year, will cover the four divisions of Pece, Layibi, Bardege and Laroo. They will be financed by the Local Government Management Service Delivery Programme and the Peace, Recovery and Development Plan.
Mr Acire said the council followed new policies on the award of contracts which stipulates that any project being undertaken by the council should be openly signed at the work site.

The ventures
Some of the of the projects include the rehabilitation of the district council main offices, construction of staff houses in Gulu Town and Cubu Primary Schools, construction of latrines in schools and health centres.
 
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