Kampala conference discusses ways of increasing output but many wonder who would buy it Kampala, Uganda | JULIUS BUSINGE | Uganda is currently implementing an ambitious plan the coffee road map to increase coffee output from the current 4.5 million bags to 20 million bags by 2025. This new target is …
Read More »Facebook launches effort to help boost newspaper subscriptions
Washington, United States | AFP | Facebook on Tuesday announced a $3 million pilot project aimed at helping US newspapers boost paid digital subscriptions. The move was the latest by the huge social network to respond to concerns that it and other online platforms have hurt news organizations by dominating …
Read More »Standard Chartered brings back dividends as profits jump
Hong Kong, China | AFP | Banking giant Standard Chartered on Tuesday announced a return of dividends for shareholders after a two-year hiatus as it reported a surge in annual profits following restructuring and cutbacks. The Asia-focused lender said it would pay out a full-year dividend of 11 cents per …
Read More »Boeing says it has Trump deal on Air Force One planes
Washington, United States | AFP | Boeing said Tuesday it has reached an agreement to build future Air Force One planes after addressing Donald Trump’s criticism over hefty costs associated with the presidential aircraft. “Boeing is proud to build the next generation of Air Force One, providing American Presidents with a …
Read More »5G, the cornerstone of the digital revolution
Barcelona, Spain | AFP | Blazing fast 5G wireless networks promise to unlock the potential of internet connected devices, or the Internet of Things — making driverless cars and talking fridges a reality. With most European operators targeting 2020 for its rollout, 5G is the term on everyone’s lips at …
Read More »The plight of a woman
The tale of a Zombo and memories of Mahatma Gandhi’s words on the evil of man Kampala, Uganda | ALLAN KINANI | The scorching sun shot through the trees that were shading us, as the clock ticked noon. A gush of fresh, replenishing breeze swayed across, sweeping the dry leaves under …
Read More »Ecobank gets US$200million boost
Kampala, Uganda | THE INDEPENDENT | Ugandan Small and medium enterprises banking with the Togo-based Ecobank Transnational Incorporated (ETI), have a chance to borrow part of $200 million, FMO, the Dutch development bank, has made available for SME growth across the continent. Ecobank Group CEO, Ade Ayeyemi, said new transaction …
Read More »Fish maw wars
Ugandan traders battle Chinese, Indians, over lucrative business Kampala, Uganda | ANDREW S. KAGGWA | A row has developed between the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and fish exporters on one side and fish traders on the other over the sale of fish maws. Siraje Walusimbi, an executive …
Read More »aYo Uganda micro insurance hits 500,000 customers
kampala, Uganda | JULIUS BUSINGE | Over 500,000 customers have signed up for MyHospital and MyLife micro-insurance covers offered by aYo Uganda Limited since opening shop in Uganda in Sept. 2016. This was confirmed by the firm’s Chief Executive Officer, Edwin Kwesiga. aYo Uganda is a subsidiary of aYo Holdings Limited, …
Read More »NSSF in corporate citizenship drive
Fund’s customer satisfaction rate has grown from 49% seven years ago to 92% as at the end of last December Kampala, Uganda | THE INDEPENDENT | Once again, Uganda’s National Social Security Fund (NSSF) held its Annual Customer Connect Week with a number of activities including financial literacy trainings, investments and …
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