Business

Haruna Nyanzi is the managing director of the Kampala-based Sombha Solutions, an information and communication technology provider. He spoke to The Independent’s Ian Katusiime about how the young company is setting itself apart in a rather competitive industry. What is your management style? I believe in clear goal sharing, where …

The National Social Security Fund’s move to shut down its old e-collection system and adopt a more advanced tech savvy portal last year coupled with increase in compliance has boosted its capability to collect more employee contributions, according to its Managing Director, Richard Byarugaba. KAMPALA, UGANDA |ISAAC KHISA|  Byarugaba, who …

  The Hague, Netherlands | AFP |  The British-Dutch oil giant Shell said it was temporarily shutting down Europe’s biggest refinery after a pre-dawn fire broke out at a power station on the vast site on Sunday. Flames billowed into the sky over the port of Rotterdam after the blaze …

Kampala, Uganda |ISAAC KHISA | Britam Holdings Plc has unveiled an asset management company in Uganda as it seeks to extend its asset management offering in the region. The new company, Britam Asset Managers (Uganda) is modelled along a similar successful company in Kenya. It will offer investment management and advisory services to pension …

New York, United States | AFP | The New York Times Co. said Thursday gains in paid digital subscriptions and stronger online advertising revenues helped the newspaper swing to profit in the second quarter. The prestigious daily, which has been gaining subscribers even as it is branded as “failing” by President …

In The Independent this week: Chinese quit Museveni’s refinery deal COVER STORY: Chinese quit Museveni’s refinery deal: US$4bn project fails to get investor again THE LAST WORD Hubris of The Economist: How this British newspaper ignores Rwanda’s context in its neocolonial desire to define that country NEWS ANALYSIS Amending constitution …

New York, United States | AFP |  Amazon founder Jeff Bezos on Thursday became the world’s richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal …

Land probe hears that mall on disputed Jinja plot illegal, Baguma Isoke to appear Monday Kampala, Uganda | JULIUS BUSINGE |  Former State Minister for Lands and chairman of the Uganda Land Commission (ULC)  Baguma Isoke has asked for more time to prepare a response as the Justice Catherine Bamugemereire Commission of inquiry into land …

London, United Kingdom | AFP | Technological advances mean fossil fuel in cars could be phased out within decades but switching to electric carries its own environmental and economic concerns as more and more countries announce radical plans. Britain on Wednesday said it would “end the sale of all conventional petrol …

Montevideo, Uruguay | AFP | The number of people registering to buy newly legalized marijuana in Uruguay jumped by almost 50 percent in the first week of sales, according to official figures released Wednesday. The small South American country is the first in the world to legalize pot from production to …