Business

Government has announced an extension of the SIM-card verification exercise to May 19, 2017 from April 20. The decision to extend the deadline rendered a High Court case filed in Kampala to stop implementation of the deadline “useless”, according to court’s Assistant Registrar Joy Kabagye Bahinguza. The High Court ruling was …

VIDEO: The Bank of Uganda has warned that the Islamic banking may fail in the country if it is abused by commercial banks. According to Justin Bagenda, the executive Director supervision at Bank of Uganda, the commercial banks that are to embrace the new form of banking need to be aware …

Tokyo, Japan | AFP |  Workaholic Japan has unveiled its first-ever plan to limit overtime, but critics want to give it the boot, saying an “outrageous” 100-hour-a-month cap will do nothing to tackle karoshi, or death from overwork. Tokyo’s bid to ease a national health crisis comes after the top …

It’s coming to year since Wim Vanhelleputte became Chief Executive Officer of MTN Uganda.  He spoke to The Independent’s Julius Businge about his experience so far and his plans for MTN operations.  What has been your experience so far since you were appointed to head MTN Uganda? The experience has …

London, United Kingdom | AFP | British Prime Minister Theresa May’s surprise call for a snap general election comes with the country facing a host of challenges — all closely bound up with the country’s exit from the European Union. Here are some of the major issues May or her …

May calls for June 8 election before Brexit talks London, United Kingdom | AFP |  Britain’s Theresa May on Tuesday called for snap elections on June 8, catching the country by surprise in a bid to bolster her position before tough talks on leaving the European Union. “We need a …

The Uganda Communications Commission (UCC) has been dragged to the High Court in Kampala over  its 7-day ultimatum issued to Ugandans to re-register their sim-cards or they risk being switched-off. One of the Jobless Brotherhood’s founders Norman Tumuhimbise together with Rights Trumped Ltd have gone to court, saying the time frame …

President Yoweri Museveni is in Qatar for a three day state visit at the invitation of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. “I will meet the Emir and other Qatari government and business officials as we seek to strengthen our countries’ business and trade relations,” Museveni said …

Annette Rumanyika-Mulira is the Managing Director at Stanlib Uganda. She spoke to the Independent’s Agnes E Nantaba about fund and investment management in Uganda What are the key elements in your management philosophy as a manager? A managerial role normally comes with responsibilities over the operations of the entire company …

Rising global exports and inventory levels weaken prices: ICO The International Coffee Organisation’s (ICO) has predicted low prices into the near future for both the global Robusta and Arabica crop. In its latest April report, the ICO notes that growers such as Uganda, Indonesia, Honduras, India and Peru, who  contribute …