By Our Reporter
Coca-Cola Beverages Africa (Uganda) has officially commissioned a brand new US$10million (UGX 38billion) Manufacturing Line to enable them bottle more Rwenzori Pure Natural Mineral Water.
The new bottling line at the Coca-Cola Beverages Africa (Uganda) Namanve site operated by Century Bottling Company has a capacity of producing 24,000 bottles an hour, accelerating the production of Rwenzori Pure Natural Mineral Water to refresh and hydrate Ugandans.
The USD10million (UGX38billion) investment brings to Uganda the newest bottling line technology out of Germany, by KHS enabling the Company to innovate further for the increasingly changing consumer demands.
The investment was part of a US$15 Million investment plan that Coca-Cola Beverages Africa had for Uganda alone in 2018.
The Minister of State for Investment and Privatisation, Hon. Evelyn Anite, officiated at the groundbreaking ceremony on 20th April 2018 and by December 2018, the line installation was complete.
Representing the President of the Republic of Uganda Gen. Yoweri Kaguta Museveni at the launch event, Hon. Amelia Kyambadde the Minister of Trade, Industry and Cooperatives lauded Coca-Cola Beverages Africa for focusing on Uganda and investing US$10million (UGX38billion) within Uganda to benefit citizens and support the economy.
“Of this, I am told US$3.5million was spent inside Uganda on civil works, construction and auxiliary services. That is a very significant amount for many reasons. First of all, that means that the bulk of the investment that we are commissioning today was spent inside our own country and directly benefited Ugandans. This fits well within our ‘Buy Uganda, Build Uganda’ policy and I applaud you for that. Also, your investment in a new Manufacturing Line creates more jobs for very many categories of Ugandans – which fulfills the NRM pledge to create more jobs and wealth especially for the youth of Uganda,” she said.
“As Government, we acknowledge and thank Coca-Cola for being a development partner of Uganda. On top of these investments, you also pay taxes – I understand you paid UGX 140billion in taxes last year. This is a very significant amount and we look forward to seeing it increase once this new investment begins to bear results. During the tour of the facility, it was gratifying to see the quality of your equipment and to note that you have two other bottling facilities in Uganda, and that you are still setting up more. By bottling high quality international brands in Uganda, you are promoting the economy within Uganda and also promoting the country internationally,” Hon. Kyambadde added.
The CEO of Coca-Cola Beverages Africa Mr. Jacques Vermeulen assured the Minister of the investment commitments of Coca-Cola Beverages Africa (Uganda), which runs three subsidiaries bottling Coca-Cola products (Century Bottling Company), pure natural mineral water (Rwenzori Bottling Company) and recycling plastic waste taken from the environment (Plastic Recycling Industries).
“We employ about 1,900 Ugandans in our three plants in Kampala, Mukono and Mbarara, and support more than 100,000 businesses across our extensive retail distribution network. Coca-Cola Beverages Africa is proud to make these contributions on top of paying taxes to the tune of more than UGX140billion annually. We are serious about doing business in Uganda and supporting this economy,” Mr. Vermeulen said.
He added that the investment in the brand new US$10million Manufacturing Line was a strong demonstration of Coca-Cola Beverages Africa Uganda`s commitment to the development of Uganda despite the tough economic conditions.
It is important to note that this investment was made on a promise to reduce excise duty from 13% to 12% in the 2018/19 FY and gradual decrease per year until 10%.
“We are grateful that this happened last year. Unfortunately, the reduction from 12% to 11% in the 2019/ 2020 FY has been rejected by Parliament. This investment is confirmation that a favorable tax regime can attract more investment for the industry,” he added.
CCBA management emphasized that the Company will continue to be a relevant partner with Government and called upon the Government officials present to ensure they work to limit the challenges private sector faces in doing business
StarTimes wins “Africa Best Content App” at Digital Impact Awards Africa 2019
The grand finale of the 6th annual Digital Impact Awards Africa 2019 (DIAA) was on 20th September 2019 at Mestil Hotel in Kampala, Uganda. Under the theme “Include Everyone”, The Digital Impact Awards Africa is a platform that promotes Digital inclusion, financial inclusion and cyber security.
DIAA is Africa’s most important gathering of C-Level Executives, and Senior Digital and IT executives. The event was a climax of the Include Everyone- Digital and Financial Inclusion Summit which explores the strategic trends and technologies that are shaping the future of Digital, IT and business. The DIAA seek to recognize, celebrate and appreciate different individuals and organizations that are spearheading the use of digital mediums to better serve their communities. The awards had 16 Uganda categories and 6 Continental categories. There was a jury/research panel assessment and public survey/vote to determine eventual winners. StarTimes was nominated in two categories; Africa Best Content App (Africa), and Disruptive Innovation (Uganda).In the ‘Africa Best Content App’ category, the StarTimes ON App was up against Kwese iflix, DSTV Now and Netflix. StarTimes won the accolade!While in the ‘Disruptive Innovation’ category, the StarTimes ON App was running against MTN MoMoCard, SafeBoda Pairing, Citimasta App, Standard Chartered Bank, and YO TV who won this award. The StarTimes team was very happy to receive the news that they were the winner of the Africa Best Content App-StarTimes ON at the DIAA 2019.
StarTimes CEO, Mr Franklin Wang said: “It was a tough competition! We were nominated alongside other equally successful companies so it is a great honor winning this award. We thank our customers for their support and DIAA for the recognition.” StarTimes had a lot more reason to celebrate because as they were winning at the DIAA 2019, they were also winning at the 10th annual People’s Choice Quality Awards 2019 that were being held at Hotel Africana. These awards recognize excellence in service, and quality in product. The Awards were given based on a survey done by Muyz Plus Advertising International between January and April 2019 in 5 regions in Uganda: Western, Northern, Central, Eastern, and Kampala. The survey was done in accordance with the Uganda Bureau of Statistics population census geographical data. The People’s Choice Quality Awards recognized more than 20 brands for being exceptionally good at what they do. StarTimes was announced as the Best Pay TV in Uganda, and was awarded by the State Minister for Trade, Hon. Michael Werikhe Kafabusa who was the guest of honor.Mr Franklin Wang, the CEO of StarTimes said, “We are so honored to receive this award. Our team puts in the work to make sure the public gets great service.
We thank our customers for their support because without them, we would not be here. Thank you People’s Choice Awards for acknowledging and appreciating our services.”The StarTimes ON Mobile AppStarTimes ON is StarTimes’ official App providing video streaming service of 70+ LIVE TV channels, exclusive LIVE football matches (StarTimes Uganda Premier League (SUPL), UEFA Europa League, Bundesliga, French Ligue1, and online videos, catch up, short videos, plus TV guide of all 400+ channels on StarTimes’ digital TV platform. The StarTimes Mobile Application which can be downloaded for free on the Google Play Store and Apple App store offers viewers over 70 channels.StarTimesStarTimes is the leading digital TV operator in Africa, serving nearly 20 million users with a signal covering the whole continent and a massive distribution network of 200 brand halls, 3,000 convenience stores and 5,000 distributors. StarTimes owns a featured content platform, with 480 authorized channels consisting of news, movies, series, sports, entertainment, children’s programs, etc. The company’s vision is “To ensure that every African family can access, afford, watch and share the beauty of digital TV”. StarTimes achieves this by combining satellite and terrestrial DTV systems as well as OTT services to provide an open and secure digital wireless platform. The company provides a robust signal transmission service for public and private broadcasters, offers consumers outstanding Pay-TV programs, mobile multimedia, wireless Internet connectivity and convenient online services.
Airtel named Uganda’s top tax contributor
By Our Reporter
Airtel Uganda has been awarded Uganda’s Largest Tax Payer and recognised for their compliance in remitting taxes to Uganda Revenue Authority (URA).
The announcement was made during the Uganda Revenue Authority 14th Taxpayers Appreciation Awards – 2019 held in Kampala on Friday.
Airtel Uganda paid Shs136 billion in the financial year 2018/19 winning the Excel Award for the year.
“Airtel has contributed over Shs136 billion in the financial year 2018-19 making it the biggest contributor of income tax in the last financial year,” a statement from Uganda Revenue Authority read in part.
Handing over the award, the Minister of Finance Hon. Matia Kasaijja congratulated Airtel upon the achievement and lauded the company for their contribution towards the development of Uganda through tax.
Mr. V.G. Somasekhar, the Managing Director of Airtel Uganda, thanked Uganda Revenue Authority for recognizing their contribution to the company’s GDP and the work they are doing to remain complaint. He also thanked Uganda Communication Commission, Ministry of Information Communication and Technology and the Government of Uganda for the support rendered to Airtel.
“It is an honor for Airtel to be recognized as the largest tax payer in Uganda. We are thankful to our customers and partners who have made Airtel their network of choice,” he noted.
“We believe leadership is a responsibility – one that we have happily taken on and this recognition is yet another milestone and an affirmation that Uganda has noticed. We remain committed to the leadership of the telecommunications sector and compliance is an integral aspect of that commitment,” he added.
The award comes on the heels of the company’s massive investment in innovation, network and infrastructural expansion.
Homes and Property Expo set for November
By Our Reporter
The Homes and property Expo returns this November in a huge way.
For all the interior design enthusiasts and modern construction trend fans , the Sheraton Kampala gardens will be the place to be come November 15th, 2019.
The Homes and property Expo which is returning for the 12th edition will be a 3-day event running from the 15th to 17th of November.
The expo, that is organized by Crest Group Limited, is a one stop shopping point and information hub for all things construction and real estate, a number of property developers, realtors, construction companies, building material distributors, interior designers, landscapers, and so many others participating.
There are lots of prizes to be won, and a variety of discounts on selected items, that will be available for sale during the expo.
“I believe real estate in the long run is an industry worthwhile our investment at National and individual level. So we call on all Ugandans, new home owners and prospect real estate owners to come to this year’s Home and property expo. There are plenty of minds to tap into and it’s a great networking place,” Edwin Musiime, CEO Crest Group Limited explains.
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