Kampala, Uganda | THE INDEPENDENT | Coffee roasters and buyers flocking to Kenya in their annual pilgrimage for the pick of the crop have driven average prices for the beans to the highest level in three years. The cost of a 50-kilogram bag of AA grade coffee fetched $679 at …
Read More »
Telecoms protest State House move to monitor business Kampala, Uganda | HAGGAI MATSIKO | A fight is raging between telecom operators on one side, and the Uganda Communications Commissions (UCC), the Uganda Police Force, and State House on the other, over moves to monitor the Shs44 trillion mobile money business. At …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s beverage company, Coca- Cola has launched a new drink – Fuze Tea – a unique blend of tea extract and fruit flavors created through a process that ensures a delightful fusion of tea, fruit, herbs and other natural ingredients. Launched on Feb.12 at …
Read More »
Kampala, Uganda | RONALD MUSOKE | Ugandan suppliers looking at providing goods and services to the fledgling oil and gas sector need to build partnerships with their international counterparts if they are to fully participate in the multi-million dollar opportunities expected to flow in the coming months. Elly Karuhanga, the …
Read More »
Manufacturers cite increased imports and declining demand from foreign markets Kampala, Uganda | JULIUS BUSINGE | There is good news for Uganda’s sugar consumers in the coming months owed to the projected sugar in production volumes amidst increase in imports. Statistics from the Uganda Sugar Manufacturers Association (USMA), which consist …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s largest commercial bank, Stanbic, is set to open a business incubator to stir growth of small and medium enterprises countrywide. “The incubator will provide an enabling environment for SMEs to enhance their capacity, enabling their businesses to survive, operate successfully and grow,” Stanbic Bank …
Read More »
Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has announced plans to fly four times a week to Mauritius starting June, giving customers more options to travel to the Indian Ocean archipelago. The carrier said the new flight will also set it up to take advantage of traffic …
Read More »
Kampala, Uganda | THE INDEPEDENT | DFCU bank has become the 8th bank to receive a certificate from the insurance regulator, Insurance Regulatory Authority (IRA-U) to start selling insurance products at its 67 branches countrywide. This is backed by the Financial Institutions Amendment Act 2016. During the handover ceremony at IRA …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund contributions will soon hit Shs9 trillion due to increased compliance and introduction of voluntary contributions, according to the Fund’s Managing Director, Richard Byarugaba. Byarugaba, who spoke during the launch of Fund’s Corporate Centre at Workers House in Kampala, said company’s …
Read More »
Kampala, Uganda | THE INDEPENDENT | A one-year microenterprise graduation program targeting the ultra-poor in rural Africa offers a cost-effective way to tackle extreme poverty, according to preliminary results of a new study released in Kampala on Thursday. These preliminary results suggest that Village Enterprise’s integrated “graduation” model—comprised of targeting, training, …
Read More »
The Independent Uganda: You get the Truth we Pay the Price