Business

Kampala, Uganda | THE INDEPENDENT | The Uganda government has today signed a grant agreement with Japan for sh88.6 billion project to help improve traffic control in Kampala. Minister of Finance Matia Kasaija signed the grant aid agreement with the Japanese Ambasador Kazuaki Kameda . The grant  will be spent on constructing …

VIDEO: Uganda Airlines releases promotional fares – airline to take to the skies this august Kampala, Uganda | VIDEOS UBC UGANDA | It’s an all systems go for Uganda Airlines following the release of promotional fares to seven destinations in the region running for two months. Uganda airlines commercial director …

VIDEO: What happens to unclaimed impounded motorcycles? Kampala, Uganda | VIDEOS NTV UGANDA | Traffic operations against bodaboda cyclists are common in Kampala, and these especially happen at traffic light junctions. However, many of the arrested riders never pick up their motorcycles, which end up taking up to five years …

Kampala, Uganda | THE INDEPENDENT | A bill that aims to expand social security coverage by making contributions to the National Social Security Fund (NSSF) mandatory for all workers in the formal sector has been presented to parliament for its first reading. Minister of State for Youth and Children Affairs Florence …

Kampala, Uganda | THE INDEPENDENT | Uganda’s consul general to Mombasa, Ambassador Katureebe Tayebwa has urged Ugandans to take advantage of the expansion of the Mombasa Port and the completed Standard Gauge Railway (SGR) leg to Nairobi to export or import more goods but also lower transport costs. Tayebwa said …

Kenya Reinsurance Corporation (Kenya Re) has set up a year-end deadline to open up a subsidiary in Kampala, according to its Chief Executive Officer, Jadiah Mwarania. Kampala, Uganda | ISAAC KHISA | Mwarania, who held an investor briefing in Nairobi on August.02 said the decision by countries such as Uganda, …

UK-based insurer in Uganda, Britam, has once again won a business deal with the government to provide insurance cover, this time for Uganda Airlines. Kampala, Uganda | ISAAC KHISA | Willis Towers Watson is the airlines’ insurance broker. Britam CEO, Allan Mafabi confirmed to The Independent on Aug.02 that they …

Kampala, Uganda | THE INDEPENDENT | Uganda National Oil Company (UNOC) board of directors has appointed Proscovia Nabbanja as the acting CEO. The announcement comes after former CEO, Dr. Josephine Wapakabulo left office today. Nabbanja, 41, has been the chief operating officer upstream at UNOC. According to a profile on UNOC …

The lender plans to focus on providing solutions that meet clients’ needs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has registered an increase in net profit by almost 40% to Shs134bn in the first six months ending June.30, according to its financial results released on Aug.05. This performance was …

Kampala, Uganda | THE INDEPENDENT | Companies and persons using public money and resources will not be allowed to employ foreign nationals should the National Local Content Bill 2019 pass in its current form. The bill, which is before the Finance Committee of parliament, seeks to impose local content obligations on …