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Business news

Car loans come close

By Patrick Kagenda Al- Malik Motors in promo with Stanbic bank Al’ Malik Group working with Stanbic bank have launched a promotion dubbed Al-Malik Mega Christmas Bonanza. Hentie Stemmet, head of Vehicle and Asset Finance at Stanbic bank told The Independent that the bank is keen on the relationship it …

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Bushera gets a kick up-market

By Onghwens Kisangala As value addition fad gets new meaning Until now bushera, a non-alcoholic porridge with roots in western Uganda that is brewed from millet, sorghum and water, has been a beverage of the lower market spectrum. It has been served chilled mainly in dinghy village shops and city …

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Together we are stronger

By Agnes Asiimwe Tripartite Summit agrees to a free trade area from South Africa to Egypt Twenty six African countries, a single market and open borders that allow persons to move across freely and conduct business. That was the vision of the Tripartite Summit that took place in Kampala last …

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Tooke project excites banana conference

By Patrick Kagenda From October 5 to 9, a conference bringing together over 60 banana growing countries from Africa and the Caribbean was held in Mombasa, Kenya under the theme: Harnessing International Partnerships to Increase Research Impact. Over 450 people attended the conference organised by the International Institute of Tropical …

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Coping with global financial crisis

By Patrick Kagenda & Agencies American companies remain bullish As the American economy struggles to recover from the credit crunch and European economies jostle with rescuing their financial institutions, subsidiary of American companies operating in Uganda are maintaining an upbeat facade, claiming they are not affected by the American economic …

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`Uganda banks not customer sensitive’

By Patrick Kagenda Kenya Commercial Bank Executive Director Mr Nok Bwondit speaks to The Independent’s Patrick Kagenda about how it intends to use its 110-year experience in the region’s banking sector to out-compete local players and other new entrants from West Africa and the Middle Eastern countries. Why did it …

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