Business

Nairobi, Kenya | AFP | Japan will pour $30 billion of investments into Africa by 2018, including $10 billion in infrastructure development, Prime Minister Shinzo Abe said Saturday at a summit in Nairobi. Abe is using the conference to meet dozens of leaders from across Africa, among them Kenya’s President …

MTN’s loans: MTN’s Mokash platform set to stir competition in small loans market Every year, companies have made it a norm to launch a market-shaking product or service. However, none of the products launched in Uganda in recent years will match MTN’s newest trail-blazing ‘Mokash’ in terms of innovation, utility, and risk-taking. …

Expert urges government to match plans with implementation to reverse wide disparity between GDP and citizens’ quality of life A new report has shown that it is possible for a country to have vast economic wealth yet have citizens who are living a poor quality of life. The latest Social …

Stanbic Bank’s Mweheire steady – Bank registers Shs 107 billion in net half year profit, shareholders to get Shs 2.1 dividend per share When Patrick Mweheire became the first Ugandan to head Stanbic Bank, there was some apprehension about how Uganda’s largest bank by assets would survive in the challenging economic …

VIDEO: Investors who were promised prime land have accused government of not walking the talk and instead giving them swampy areas where they have had to invest a lot of money to develop This was during the visit to the industrial by the Uganda vice president Edward Kiwanuka Ssekandi.   Share …

NBL in $12m biogas effort: Project saving brewer Shs 616m in electricity bills annually Three years ago, beer brewer, Nile Breweries Ltd set out to adopt renewable energy options in its operations in a bid to reduce on the greenhouse gas emissions and improve energy security. To achieve that, the …

The British government and lottery fund has spent hundreds of millions of pounds on sporting success in the past two decades. And it has paid off. London, United Kingdom | AFP | Twenty years after a stinging Olympic failure, Britain has risen from the ashes to become a sporting “superpower” …

VIDEO: The Indian community is Uganda has decried government’s reluctance to recognise them with special representation at various leadership levels in the country. They reason that being the backbone of Uganda’s economy, it is prudent that government offers them a stake in decision making, especially at the parliament level. Share …

VIDEO: A section of tycoons mentioned among the bailout beneficiaries have admitted having financed part of the campaign activities of the ruling National Resistance Movement in the February general elections. The tycoons led by the Chairman Uganda Manufactures Association, Amos Nzeeyi however say their decision to support the ruling party …

INTERVIEW: Parity Twinomujuni is the chief executive officer of the National Housing and Construction Company (NHCC). He spoke to Isaac Khisa about their operations and other pertinent issues in the real estate industry. What is your leadership style as a chief executive officer? My motivation is to work with others …