Business

Kampala, Uganda | THE INDEPENDENT  |  After eight hours closed in a hall at Commonwealth Resort Munyonyo, delegations from Rwanda and Uganda failed to reach an agreement and decided to refer the matters to the head of states of both countries. There was no communique after the representatives came out of …

CABINET RESHUFFLE ➡IN ✳ J. Nabakooba ICT/Information ✳ M. Kitutu ENERGY ✳ R. Magyezi LOCAL Govt ✳ D. Obua SPORTS ✳ M Kamukama ECON MONITORING ➡MOVED ✳ Tumwebaze ▶ Gender ✳ Muloni ▶ Advisor ✳ Otafiire ▶ EAC ✳ S. Opendi ▶ Minerals ➡ OUT ✳ C. Bakkabulindi ✳ A. …

Kampala, Uganda | THE INDEPENDENT  |  Captain Mike Mukula, the proprietor of Uganda Aviation Academy, has called on the East African community to consider a single regional airline. Mukula made the appeal on Friday while addressing graduands at the Aviation Academy’s 8th graduation ceremony held at Protea Hotel in Kampala. 69 students …

Kampala, Uganda | THE INDEPENDENT  |  An Audit of the Exodus SACCO, the Uganda police force savings and credit cooperative society has failed to trace books of accounts for the past six years.   This was revealed on Friday by the SACCO Chairperson, Henry Kalulu during the Annual General Meeting. The missing …

Kampala, Uganda | THE INDEPENDENT  |  Traders dealing in sportswear are reaping big from the on-going East African Inter-parliamentary games.  The games have attracted MPs and staff of national parliaments of Uganda, Burundi, Tanzania and Kenya plus the East African Legislative Assembly-EALA.  They will run from December 7th- 18th, 2019. At the …

  Kampala, Uganda | RONALD MUSOKE | Following a series of high-level meetings with President Yoweri Museveni and local business executives, Momar Nguer who recently led a business delegation of top French executives to Uganda declared the mission a success. The 25-member delegation recently traveled to Kampala under their MEDEF …

Kampala, Uganda | THE INDEPENDENT  |  Delegates from Rwanda will meet their Kampala counterparts at Speak Resort Munyonyo today to deliberate on the re-opening of the border between both countries.  The Kampala meeting, which was supposed to be held in October and then pushed to November but was cancelled at last …

Kampala, Uganda | THE INDEPENDENT & AFP |  Rwanda’s Minister of State for Foreign Affairs Olivier Nduhungirehe will lead a high level delegation to Uganda today for a second meeting to discuss the implementation of the Memorandum of Understanding signed in Angola in August. This second meeting that aims at easing …

Kampala, Uganda | THE INDEPENDENT | Uganda’s electricity distributor, Umeme Limited has secured a $70m (Ushs .258 billion) funding to support its planned investments in the electricity distribution network. The International Finance Corporation (IFC) was the lead-arranger in the syndicate including Stanbic Bank Uganda Limited, Standard Chartered Bank and the …

Pharmaceutical firm hopes to recover in second half of the year Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Industries Ltd has recorded a decline in profit since it was listed on the Uganda Securities Exchange a year ago but its managers are now pinning its growth prospects on …