Thursday , March 30 2023
Home / Business (page 584)


Business news

Soda price war?

Pepsi cuts retail prices on plastic bottle by Shs 200 but rivals still reluctant to play ball On May 04, 2016 Crown Beverages, the bottlers of Pepsi Cola products, announced a reduction on their retail price for Mirinda, Mountain Dew, Pepsi Cola, and Evervess Tonic brands. The price reduction of …

Read More »

Time Uganda focussed on exports

The high cost of doing business, stagnant production levels, dominance of primary products and limited market intelligence are holding back Uganda’s export potential. These bottlenecks and action needed to change the status quo were the centre of a discussion at a high level policy dialogue on export development and promotion …

Read More »

Informal tax evaders

80% of economy is informal, only 20% of businesses pay taxes Unlike the others that came before it, this year’s Open Minds Forum was a heated and impassioned event. Held under the theme: “Informal sector; an invisible force with visible impact,” the May 05 public forum in Kampala, organised by …

Read More »

Why Ugandan banks are struggling to make a profit

Analysts urge government on business environment as written off non-performing loans erode bank profits In 2015, Standard Chartered Bank, Uganda’s second-largest bank by assets, saw its profits decline by 75% compared to the previous year. The year was even worse for Crane Bank, the second biggest indigenous bank and the …

Read More »

World Bank says India faces stark digital divide

New Delhi, India | AFP | India is a global IT powerhouse but a huge majority of the population remains locked out of the benefits brought by the digital economy, the World Bank said Tuesday. India’s vibrant business process outsourcing sector, centred in the southern hubs of Bangalore and Hyderabad, …

Read More »