The new development likely to stir competition in the country’s real estate industry Kampala, Uganda | ISAAC KHISA | Kenya’s real estate investment firm, Cytonn, is set to invest Shs360.5bn (US$100million) in commercial and residential housing units in Kampala targeting middle class population, its Managing Partner and Chief Executive …
Read More »AkzoNobel now picks Crown Paints to sell Sadolin in East Africa
The new move tightens competition in the region’s paint industry Kampala, Uganda | ISAAC KHISA | Dutch paints and Coatings Company AkzoNobel Coatings International BV, which owns the Sadolin brand name in Uganda, has appointed the regional paint maker, Crown Paints East Africa, to manufacture and sell Sadolin Paint in …
Read More »NSSF sees higher returns for savers in FY 2017/18
Savers suggests Fund’s flexibility to allow them access part the saving to meet their needs Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) members are expected to earner higher returns on their savings for the 2017/18 financial year, according to its Managing Director, Richard Byarugaba. Byarugaba …
Read More »Anger in Ghana after seven die in fuel station fire, blasts
Accra, Ghana | AFP | Ghana’s government on Sunday promised to tighten safety at fuel stations across the country after seven people were killed and scores more injured when a tanker truck carrying natural gas caught fire in the capital and triggered explosions. The fire and blasts in the Legon area …
Read More »THIS WEEK: MTN Uganda wins DIAA Awards
THIS WEEK: MTN Uganda wins DIAA Awards MTN Uganda took home five prizes at the Digital Impact Awards Africa (DIAA) 2017 awards held at the Kampala Serena Hotel recently. The awards cemented MTN Uganda’s position as the number one telecommunications company in Uganda. The accolades that MTN Uganda scooped are; …
Read More »THIS WEEK: USE unveils University Challenge
THIS WEEK: USE unveils University Challenge Kampala, Uganda |THE INDEPENDENT | Uganda Securities Exchange has unveiled the USE University Challenge in a bid to inculcate an investment culture among students in universities. The three month Challenge that will end in December seeks to give youth a platform to trade and …
Read More »THIS WEEK: NSSF unveils $400million Lubowa housing project
THIS WEEK: NSSF unveils $400million Lubowa housing project The National Social Security Fund broke the ground for the construction of 2,740 housing units on its 565 acres of land in Lubowo, a Kampala suburb. Speaking at the ground breaking ceremony on Sept. 26, NSSF Managing Director, Richard Byarugaba, said the …
Read More »THIS WEEK: Uganda Baati to train 600 roof technicians
THIS WEEK: Uganda Baati to train 600 roof technicians Kampala, Uganda |THE INDEPENDENT |Uganda Baati, one of the country’s oldest roofing solutions provider, has unveiled a campaign dubbed the Fundi Club campaign that will see over 600 roof installers trained countrywide. George Arodi, the country manager said the firm decided …
Read More »Otafiire reassures WIPO on Uganda’s plan to protect traditional knowledge
Geneva, Switzerland | MOFA | Minister of Justice and Constitutional Affairs Kahinda Otafiire has told the 2017 General Assembly of the World Intelectual Property Organization (WIPO) that Uganda has stepped up efforts to ensure protection of traditional knowledge and the country’s genetic resources. He said protection of traditional knowlede and …
Read More »Rugasira on new Uganda Development Corporation board
Kampala, Uganda | GODFREY SSALI | The Uganda Development Corporation (UDC), the investment arm of government mandated to promote and facilitate industrial and economic development of the country, has finally got a first Board of Directors since its revival in 2008. The new board which will be chaired by Hamu Mugenyi, …
Read More »