Matooke Republic
Monday, February 2, 2026
  • 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
27
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

Court-ordered recount hands NRM’s Justine Nameere Masaka Woman MP seat

Kampala Parents School records 100% pass rate in 2025 PLE

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
Share11Tweet7Send
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
5 years ago

...

Several areas in Kampala to face water supply interruptions

by Matooke Republic
5 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

EC EC EC

RECOMMENDED

Court-ordered recount hands NRM’s Justine Nameere Masaka Woman MP seat

February 2, 2026

Guinness Smooth turns Silo into a Make It Yours Creative Hub

February 1, 2026

MOST VIEWED

  • UNEB releases 2025 PLE results as candidate numbers rise and Division One passes improve

    48 shares
    Share 19 Tweet 12
  • LIST: Ministers who lost their seats in the 2026 Parliamentary Elections

    423 shares
    Share 169 Tweet 106
  • Jose Chameleone launches Chameleone FM in Burundi

    42 shares
    Share 17 Tweet 11
  • Court dismisses former Minister Sarah Opendi’s bid for a vote recount after losing Tororo District Woman MP race by just 35 votes

    18 shares
    Share 7 Tweet 5
  • Here are the heavy sanctions handed to Senegal and Morocco after AFCON final chaos

    13 shares
    Share 5 Tweet 3
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.