The shilling ( Swahili : shilingi ; abbreviation: USh ; ISO code : UGX ) is the currency of Uganda . Officially divided into cents until 2013, due to substantial inflation the shilling now has no subdivision.
17-587: NWSC may refer to: National Water and Sewerage Corporation , a water supply and sanitation company in Uganda. Neighbourhood and Worker's Service Centre , a pro-democracy political group in Hong Kong National Water Sports Centre , Holme Pierrepont, Nottingham, England Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
34-428: A 7 megawatt independent power station to meet the company's energy needs at its Ggaba I, Ggaba II, and Ggaba III water treatment plants. This would lower NWSC's power bill, which stood at approximately USh 24 billion (approx. US$ 6.5 million) annually, accounting for 35 percent of total operating expenditure. When procured, the partner will sign a 20-year power purchase agreement with NWSC, which will have
51-665: A new shilling (UGX) was introduced in 1987 worth 100 old shillings. The shilling is usually a stable currency and predominates in most financial transactions in Uganda, which has a very efficient foreign exchange market with low spreads. The United States dollar is also widely accepted. Sterling and increasingly the euro are also used. The Bank of Uganda cut its policy rate to 22% on 1 February 2012 after reduction of inflation for 3 consecutive months. In 1966, coins were introduced in denominations of -/ 5 , -/ 10 , -/ 20 and -/ 50 and 1/ = and 2/ = . The -/ 5 , -/ 10 and -/ 20 coins were struck in bronze, with
68-633: A program to improve water supply to the Kampala Metropolitan Area that includes Kampala City, Wakiso District , Mukono District , Nansana , Ssabagabo , and Kira . The program, which will cost €212 million, is financed by the government of Uganda (€34 million), KfW (€20 million grant), the European Investment Bank (€75 million loan), the French Development Agency (€75 million loan), and
85-568: Is a water supply and sanitation company in Uganda . It is wholly owned by the government of Uganda . The company, as of July 2018, was in the final stages of construction of its new headquarters building at 3 Nakasero Road, on Nakasero Hill , opposite Rwenzori House . The new headquarters building was commissioned by Ruhakana Rugunda , the Prime Minister of Uganda , in July 2018. NWSC
102-476: Is used (e.g. USh 10 million). This pattern was modelled on sterling 's pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius ). In that notation, amounts under a pound were notated only in shillings and pence. The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at par. Following high inflation,
119-789: The Bank of Uganda introduced notes in denominations of 5/ = , 10/ = , 20/ = and 100/ = . In 1973, 50/ = notes were introduced, followed by 500/ = and 1,000/ = in 1983 and 5,000/ = in 1985. In 1987, notes were introduced in the new currency in denominations of 5/ = , 10/ = , 20/ = , 50/ = , 100/ = and 200/ = . In 1991, 500/ = and 1,000/ = notes were added, followed by 5,000/ = in 1993, 10,000/ = in 1995, 20,000/ = in 1999, 50,000/ = in 2003 and 2,000/ = in 2010. Banknotes currently in circulation are 1,000/ = , 2,000/ = , 5,000/ = , 10,000/ = , 20,000/ = and 50,000/ = . In 2005,
136-527: The Bank of Uganda was considering whether to replace the low-value notes such as the 1,000/ = with coins . The lower denomination notes take a battering in daily use, often being very dirty and sometimes disintegrating. On 17 May 2010, the Bank of Uganda issued a new family of notes featuring a harmonised banknote design that depict Uganda's rich historical, natural, and cultural heritage. They also bear improved security features. Five images appear on all
153-686: The European Union Infrastructure Trust Fund (€8 million grant). NWSC is planning a new water treatment plant ( Katosi Water Works ), in Katosi in Mukono District with the capacity to supply 120,000 cubic meters (120,000,000 L) of water daily. The plans also include the refurbishment of the Ggaba complex of water treatment plants (Ggaba 1, Ggaba 2 and Ggaba 3). The Katosi source of water would complement
170-463: The Ugandan shilling are written in the form of x/y , where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "-/ 50 " and 100 shillings as "100/ = " or "100/-". Sometimes the abbreviation USh is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix
187-419: The existing sources that have a daily capacity of 160,000 cubic meters (160,000,000 L). In December 2015, NWSC announced plans to start serving some of Uganda's rural areas. As of March 2018, NWSC offered its services in 225 Ugandan towns and planned to connect services to 12,000 villages within its service areas by 2020. In October 2014, NWSC advertised for a private partner to build, own, and operate
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#1732802028278204-421: The higher denominations struck in cupro-nickel. The 2-shilling was only issued that year. In 1972, cupro-nickel 5-shilling coins were issued but were withdrawn from circulation and are now very rare. In 1976, copper-plated steel replaced bronze in the 5- and 10-cent and cupro-nickel-plated steel replaced cupro-nickel in the 50-cent and 1-shilling. In 1986, nickel-plated-steel 50-cent and 1-shilling coins were issued,
221-460: The last coins of the first shilling. In 1987, copper-plated-steel 1/ = and 2/ = and stainless-steel 5/ = and 10/ = coins were introduced, with the 5/ = and 10/ = curved-equilateral heptagonal in shape. In 1998, coins for 50/ = , 100/ = , 200/ = and 500/ = were introduced. Denominations currently circulating are 50/ = , 100/ = , 200/ = , 500/ = , and 1,000/ = . In 1966,
238-503: The option of selling any excess power to the national grid. NWSC has numerous divisions, each headed by a director, general manager, senior manager, or manager. NWSC is governed by a five-member board of directors. Engineer Badru Kiggundu is the chairman and Engineer Silver Mugisha is the managing director and chief executive officer . 00°19′04″N 32°34′52″E / 0.31778°N 32.58111°E / 0.31778; 32.58111 Ugandan shilling Prices in
255-535: The six denominations: Ugandan mat patterns, Ugandan basketry, the map of Uganda (complete with the equator line), the Independence Monument , and a profile of a man wearing Karimojong headdress. Bank of Uganda Governor Emmanuel Tumusiime Mutebile said the new notes did not constitute a currency reform, nor were they dictated by politics. The redesign, he said, was driven by the need to comply with international practices and to beat counterfeiters. Uganda
272-519: The title NWSC . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=NWSC&oldid=1065046998 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages National Water and Sewerage Corporation The National Water and Sewerage Corporation (NWSC)
289-514: Was formed by Decree No. 34 in 1972 to serve the urban areas of Kampala , Entebbe , and Jinja . In 1995, NWSC was re-organized under the NWSC Statute. The company was given more authority and autonomy and the mandate to operate and provide water and sewerage services in areas entrusted to it, on a sound commercial and viable basis. As of October 2016, the following cities and towns receive services from NWSC: In 2011, NWSC began implementing
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