SumSung SumSung SumSung
Matooke Republic
Wednesday, September 17, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

NWSC to set up own Insurance and Investment Company with the purpose of using that money to expand their services and employ more Ugandans

Norman Mwambazi by Norman Mwambazi
July 25, 2019
in News
Reading Time: 3 mins read
26
SHARES
Share on FacebookShare on Twitter

National Water and Sewerage Corporation has this evening met with online media practitioners and stakeholders for a customer connection session at their International Resource Center in Bugolobi.

The engagement between NWSC management was aimed at bringing up to speed with the activities of the corporation, lessons learnt along the way, achievements and challenges faced.

In her presentation, Dr Rose Kaggwa, NWSC’s Director of Business and Scientific activities highlighted the corporation’s turnaround lessons.

RELATED POSTS

NUP’s Derrick Nyeko who had announced he would not seek re-election, makes U-turn, attends vetting to defend Makindye East seat

Youth Minister Balaam demands arrest of Ugandan man accused of running degrading s3x-trade in Dubai

Dr. Rose Kaggwa.

“We have managed to maintain key economic principles, like charging right. A jerrycan of water costs only Shs25. We have also leveraged on ICT and using new technologies appropriately. We are now using systems like e-Payments to get things done much easily,” Said Kaggwa.

NWSC expects to construct over 2060 km of new water main extensions by 2020.

NWSC is currently constructing what is going to be the largest sewage treatment plant in East and Central Africa at Bugolobi, and a sewage pumping station in Kinawataka. All these projects are aimed at providing clean water and streamline sewerage services for Ugandans.

The largest sewage treatment plant in East & Central Africa is under construction at Bugolobi.

NWSC MD Dr. Eng. Silver Mugisha also addressed the media, where he unveiled plans of the corporation setting up its own Insurance and Investment Company with the purpose of saving and borrowing that money to expand their services.

“We decided to form our own captive insurance so that we put all our money in our own insurance company. The board has already approved it the purpose is if that money is not used; we can borrow it and use it to expand services. We’re forming our own investment company to pitch for jobs and tap into jobs of Shs10bn and so on. That’s how we’re dealing with BUBU. We shouldn’t be spending our money on external companies,” said Mugisha.

NWSC is a public corporation wholly owned by the Government of Uganda. The Corporation’s mandate is to provide water and sewerage services in urban areas on commercial and financially viable basis.

Related

Tags: NWSCSilver Mugisha
Share11Tweet6Send
Norman Mwambazi

Norman Mwambazi

Writing is my substitute for worry. Live. Love. Laugh. Be Good.

Related Posts

Inspector General of Government, Beti Kamya

IGG Kamya to re-open Shs17bn NWSC prepaid metre probe and PPDA boss Turamye’s role in ‘burying’ the scandal

by Matooke Republic
4 years ago

...

IGG asked to investigate PPDA boss Turamye for blocking probe into botched NWSC Shs17bn prepaid meter procurement deal

by Matooke Republic
4 years ago

...

NWSC commemorates World Environment Day by planting the first of 10m planned trees at tycoon Sudhir’s residence in a bid to green the country

by Matooke Republic
4 years ago

...

Several areas in Kampala to face water supply interruptions

by Matooke Republic
4 years ago

...

NWSC marks World Engineering Day, showcases innovations that have boosted access to water

by Matooke Republic
5 years ago

...

Next Post

Vote out those who keep singing “we fought we fought”-- Gen Henry Tumukunde

Why not even NRM MPs will vote for the Attorney General’s “ridiculous” proposed electoral reforms

RECOMMENDED

Sheema man wins brand-new car in Kagwirawo Eyase Promotion

September 16, 2025

NUP’s Derrick Nyeko who had announced he would not seek re-election, makes U-turn, attends vetting to defend Makindye East seat

September 16, 2025
  • 642 Followers
  • 23.9k Followers

MOST VIEWED

  • Uganda vs Senegal: CAF reduces online ticket purchases per person ahead of quarter-final clash this Saturday

    577 shares
    Share 231 Tweet 144
  • How to buy tickets for CHAN 2024 matches in Uganda

    556 shares
    Share 222 Tweet 139
  • FULL LIST: Winners and Losers in the NRM CEC Elections

    147 shares
    Share 59 Tweet 37
  • Jose Chameleone’s wife Daniella Atim files for divorce over desertion and emotional neglect; Seeks custody of five children and ownership of Sseguku matrimonial home

    86 shares
    Share 34 Tweet 22
  • UPDF Assistant Chief of Defence Intelligence found dead

    71 shares
    Share 28 Tweet 18
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.