Business

Bigger Economy: Why could that be bad news? Kampala, Uganda | THE INDEPENDENT | The recent rebasing of the national account series by the Uganda Bureau of Statistics (UBOS) has excited economists with many saying it presents the government an opportunity to make policy based on data that is a …

Entebbe, Uganda | THE INDEPENDENT | As the nation continues to grapple with the horror of young Ugandans being enslaved in Middle East countries due to unemployment, there was temporary relief when Aviation Police and Immigration officials at Entebbe International Airport intercepted 12 girls that were being trafficked to Saudi …

Kampala, Uganda | THE INDEPENDENT  |  Maize and sesame (sim sim) farmers in Uganda are laughing to the bank after the prices of their crops rebounded pushing the country’s export earnings up in August. Maize export earnings were up by 145% in the month of August, bringing in $13m (Shs 48bn) …

Third edition of awards held under the theme of ethics and trust Kampala, Uganda | IAN KATUSIIME | The third edition of the Uganda CFO Awards was a big night for Uganda Breweries Limited (UBL) when Doregos Busola, the Finance and Strategy Director was crowned Chief Financial Officer (CFO) of …

  EU’s Juncker says ‘fair’ Brexit deal agreed with UK Brussels, Belgium | AFP |  The president of the European Commission, Jean-Claude Juncker, said Thursday that Brussels had come to an agreement with Britain on a Brexit withdrawal agreement to be presented to EU leaders. “Where there is a will, …

Kampala, Uganda | JULIUS BUSINGE | People do not need a stock exchange account but instead need an account to save their money safely and be able to make small transactions. This is what stood out from a speech delivered by Warren Carew, representing Bill and Melinda Gates Foundation at …

Abu Dhabi, United Arab Emirates | AFP | Russian President Vladimir Putin signed deals worth over $1.3 billion with the United Arab Emirates on Tuesday, wrapping up a tour of the Gulf where he also courted investment in Saudi Arabia. A day after inking a major oil cooperation deal with Riyadh, …

London, United Kingdom | AFP | Departing Bank of England governor Mark Carney insisted Tuesday that there is sufficient time to hand over to his successor, despite Brexit chaos. Canadian Carney, 54, leaves his role on January 31 having extended his tenure twice on turmoil over Britain’s looming exit from …

Massive infrastructure development alone without well trained and skilled personnel will not help the country achieve desired economic growth targets. Kampala, Uganda | PATRICIA AKANKWATSA AND JULIUS BUSINGE | This was the message directed to the government during the recently concluded infrastructure conference in Kampala titled ‘infrastructure and human capital …

  INSURANCE AND MOBILE PHONES: Policymakers across the region need to implement policies and practices that stimulate growth Kampala, Uganda | ISAAC KHISA | The Sub-Saharan African region is set to be the hotbed for mobile phone services as the young population owns more devices in the next six years. …