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Tag Archives: Business

High business collapse trailing Uganda’s economy

Kampala, Uganda | THE INDEPENDENT | Knowledge gaps and the high costs of doing business remain a major hindrance to Uganda’s economic growth as most business enterprises started in the country do not survive beyond their first birthday. Ronnie Mulongo, manager Private Sector Foundation Uganda (PSFU) says that some entrepreneurs lack …

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Delayed opening of education institutions killing Makerere businesses

Kampala, Uganda | THE INDEPENDENT | Residents of Makerere-Kikoni a Kampala suburb that borders the western part of Makerere University are shedding fresh tears after their hopes of resuming business were dashed by government’s denial that education institutions would soon open. The government’s denial of allegations of reopening of schools …

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Kenya sets up transport, logistics network to cut business costs

Nairobi, Kenya | XINHUA | Kenyan President Uhuru Kenyatta on Friday established a framework for the management, coordination and integration of public port, railway and pipeline services under the Kenya Transport and Logistics Network (KTLN). In an Executive Order issued in Nairobi, Kenyatta said the network brings together Kenya Ports Authority …

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Business confidence surges after ease in lockdown restrictions

Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …

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UBA Uganda appoints new CEO

Kampala, Uganda | THE INDEPENDENT | Pan-African lender, United Bank for Africa, Uganda, has appointed Chioma Mang as the new Chief Executive Officer to replace John Agoreyo. Agoreyo, who has been at the helm of the lender for the last four years, has seen UBA Uganda move from a loss …

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UBA Group appoints new deputy MD for Africa

Kampala, Uganda | THE INDEPENDENT | Nigerian-based United Bank for Africa Plc. has appointed Oliver Alawuba as deputy Managing Director in charge of Africa businesses. The lender operates in 20 African countries including Uganda. Also appointed is Ayoku Liadi as deputy managing director in charge of UBA Nigeria. The lender …

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