• Latest
Posta Uganda Under Fire Over Shs 800M UCC Debt

Posta Uganda Under Fire Over Shs 800M UCC Debt

7 years ago
Airtel Africa Foundation, Brainchild Burson Equip 20 Tech Scholars with Laptops and Scholastic Materials

Airtel Africa Foundation, Brainchild Burson Equip 20 Tech Scholars with Laptops and Scholastic Materials

1 hour ago
Government to Release 2025 UACE Results on Friday

Government to Release 2025 UACE Results on Friday

1 day ago
NSSF Career Expo 2026 Opens at Makerere with Focus on AI and Future Skills

NSSF Career Expo 2026 Opens at Makerere with Focus on AI and Future Skills

2 days ago
Stanbic Black Pirates Hammer Mongers 61- 23 to Reclaim Rugby Premiership Table

Museveni Meets Masaka NRM Leaders, Urges Focus on Citizens’ Real Challenges

2 days ago
Stanbic Black Pirates Hammer Mongers 61- 23 to Reclaim Rugby Premiership Table

Stanbic Black Pirates Hammer Mongers 61- 23 to Reclaim Rugby Premiership Table

2 days ago
Manufacturers Say Illicit Trade and Informality Hindering Sector Growth

Manufacturers Say Illicit Trade and Informality Hindering Sector Growth

2 days ago
SoftPower News
Friday, March 13, 2026
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home News

Posta Uganda Under Fire Over Shs 800M UCC Debt

by Nixon Segawa
October 26, 2018
Posta Uganda Under Fire Over Shs 800M UCC Debt

The Posta Uganda head offices in Kampala.

24
VIEWS

Uganda Communications Commission (UCC) is set to attach the property of the Posta Uganda Managing Director, Andrew Arinaitwe as well as that of Posta Uganda should the company fail to pay the debt of over Shs 800 million which has accumulated over the years accruing from the remittances.

Appearing before Parliament Committe on Commissions, Statutory Authority and State Enterprises (COSASE), UCC’s Head of Legal, Abdusalam Waiswa said that the debt has accumulated since the financial year 2013 and in 2017 August when they entered a MoU where Posta committed to pay Shs 50m monthly which they have failed to abide by.

Related Stories

Sasha Vybz to Unpack ‘Future of Creativity and Artificial Intelligence’ at the Guinness Smooth Creators Lab

Jacob Kiplimo Sets New Half Marathon World Record in Lisbon

Government Reassures Public on Fuel Stability Amidst Global Tensions

Waiswa explained to the committee that they agreed that Posta will pay Shs 50m monthly up to January 2018 failure of which UCC would take legal action including attaching the personal property of Managing Director, Posta Uganda and the property of Posta Uganda to recover the debt.

However, the Fred Otunu who is representing the UCC Executive director Godfrey Mutabaazi noted that Posta Uganda has been able to pay Shs 55 million of Shs 877 million initial debt since August 2017 when they signed the MoU.

This has irked the Members of Parliament (MP) accusing the commission of being incompetent because they have taken long to take legal action yet the MoU was already violated by Posta Uganda.

The committee Vice Chairperson, Anita Among directed UCC to provide the committee with the list of all that owe them money in addition to the details of how the debt was accumulated. She said that the Posts and UCC officials are expected to be summoned to the committee on Monday next week in order to settle the matter.

“We shall provide the committee with all the relevent documents on the reminders that we have sent to Posta Uganda over time as well as their responses. We are however still open to the legal proceedings,” noted Fred Otunnu.

Tags: Andrew ArinaitwedebtNewsParliamentPosta UgandaSoft Power NewsUCCUganda

Recent Stories

Airtel Africa Foundation, Brainchild Burson Equip 20 Tech Scholars with Laptops and Scholastic Materials

Government to Release 2025 UACE Results on Friday

NSSF Career Expo 2026 Opens at Makerere with Focus on AI and Future Skills

Museveni Meets Masaka NRM Leaders, Urges Focus on Citizens’ Real Challenges

Stanbic Black Pirates Hammer Mongers 61- 23 to Reclaim Rugby Premiership Table

Manufacturers Say Illicit Trade and Informality Hindering Sector Growth

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?