Business

The company plans to introduce new products in the region Kampala, Uganda |JULIUS BUSINGE| Japan’s paint manufacturer, Kansai Plascon, has entered into the East African market through the acquisition of Sadolin Paints. Wim Bramer, the managing director of Kansai Plascon East Africa told The Independent in an interview that the …

Smiles and frowns as RVR contract is cut short; Uganda Railways is back! Kampala, Uganda | ISAAC KHISA | Uganda Railways Corporation, the company which operated rail transport in the country until the government passed its operations to a concessionaire in 2006 is set to return in September. And if …

Museveni’s refinery deal: Now gov’t says in negotiations with GE-led consortium as Chinese protest Kampala, Uganda | HAGGAI MATSIKO | A fight between Chinese and American investors over the US $ 4 billion refinery deal could further delay the project, observers fear. These fears have been sparked by reports that …

Abidjan, Ivory Coast | AFP |  “In our house, the beer is Bock!” boasts the familiar slogan for the lager that is Ivory Coast’s market leader, brewed by Solibra. “Beer Ivoire, loved by Ivorians!” says a competing advert for Ivoire lager, brewed by newcomers Brassivoire. On posters and huge billboards …

Accra, Ghana | AFP | Ghana has long been known for its bountiful gold reserves and was called “the Gold Coast” during its colonial era. But illegal mining in Africa’s second largest producer is taking a heavy human as well as environmental and economic toll with more than $2 billion lost …

Kampala, Uganda | JULIUS BUSINGE |Bank of Uganda has kept the central bank rate at 10% for the next three months citing stability in inflation and positive economic activity going forward. “Given that inflation is expected to remain around the medium term target and that economic activity is picking up …

JOBS: 34 positions to be filled at Petroleum Authority of Uganda Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production) Act 2013, and in line with the National Oil and Gas Policy for Uganda which …

Kampala, Uganda | Julius Businge | Airtel Uganda has announced the planned departure of their managing director Anwar Soussa in a notice shared on Aug. 09. According to the notice, Soussa, who took up this role in June last year, is leaving as a result of a personal decision to take …

Kampala, Uganda | GODFREY SSALI |The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has condemned the manner in which Kampala Capital City Authority (KCCA) enforcement officers handle street vendors especially women, saying such excessive force is uncalled for. This follows the death of a one Olivia Basemera last Friday …

Harare, Zimbabwe | AFP |  Cash-strapped Zimbabwe announced Wednesday that it plans to build a $1 billion university to honour Robert Mugabe, the 93-year-old president accused of brutal repression and bringing the country to economic ruin. The university joins other facilities named after Mugabe including the government’s school of intelligence, …