Medard Mugisha, a businessman in Katuna Town Council, says the authorities are not bothered about the rotting garbage that has been building up in the town. He says the town council authorities only become tough when it comes to collecting dues.
In a notice by the Official Receiver, Fulgence Mungereza from the Attorney Generals office, all the creditors are required to file and register their claims and supporting documents by the 16th of May.
The business remains well funded and at the end of April 2016, net debt is estimated at approximately 4.5 billion and unutilised debt capacity and free cash at approximately 1.3 billion.The Groups 2016 forecast capital expenditure has been reduced from 1.1 billion to 1.0 billion following the identification of savings across the portfolio with further reductions expected.
Filbert Ocailap, the Katakwi Resident District Commissioner, says they rejected the bean seeds because Equator Seed Limited Company supplied the wrong variety.
