Tag Archives: Business

Good idea but needs to be cautiously handled Kampala, Uganda | JULIUS BUSINGE | Uganda’s plan to have telecom companies list on the stock market is a goodstep towards inclusive growth but should be handled cautiously to avoid discouraging investments. Financial and economic experts who spoke to The Independent said …

Upcountry destinations within Rwanda, more cities across Africa targeted Kampala, Uganda | STEPHEN NUWAGIRA | AC Group, the firm behind the Tap & Go e-payment system on public transport buses in Kigali now plans to expand both within and outside the country. AC Group chief executive officer, Patrick NsengaBuchana, says the …

The bold move extends competition to established brands – Chicken Inn, Java House and American chains Hardee’s, Burger King Kampala, Uganda | IAN KATUSIIME | The news of Café Javas’ entry into Nairobi, East Africa’s largest capital was greeted with elation by its Ugandan patrons. Social media was inundated with …

Kampala, Uganda | JULIUS BUSINGE | Players in the capital markets and other businesses are set to share knowledge at the first ‘Mkutano Investment Conference’ to be held on May 15 at Kampala Serena Hotel. David Ofungi, the founder and chief executive officer of DERO, the curators of the ‘Economic Mkutano …

Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverage Africa’s subsidiary, Plastic Recycling Industries (PRI) has unveiled a campaign of collecting plastic waste in Kampala and surrounding areas in a move to conserve the environment. The waste will be used to make other products such as chairs. Speaking at the launch …

Kampala, Uganda | THE INDEPENDENT | Cement consumption in Kenya dipped for the first time in 17 years to 6.2 million tonnes owing to depressed demand in the construction sector, Economic Survey 2018 shows. According to Business- Daily, which quotes data from the Kenya National Bureau of Statistics, shows that …

Kampala, Uganda | THE INDEPENDENT | As parliament warms up to legislate about the Landlord-tenant Bill, the Association of Real Estate Uganda says it is not against the bill but wants one that is fair to all parties. Speaking at a workshop in Kampala in which over 50 members took part …

Kampala, Uganda | THE INDEPENDENT | People should be paid whenever their personal data is used by tech giants to make money; that is the proposal of Sir Vince Cable, the leader of the Liberal Democratic Party in the UK. He said data was the ‘new oil’ and the ‘growth …

Kampala, Uganda | THE INDEPENDENT | A batch of 22 internationally certified welders for the oil and gas sector have been passed out. The 22 certified welders, trained as trainers of trainees, were unveiled Thursday on the second day of the 4th Oil and Gas Convention in Kampala. The group …

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association has launched the Shared Agent Banking System (SABS) in an effort to increase financial inclusion and enable spread and penetration of banking services in Uganda. Agent banking is an extension of banking services outside the conventional bank branches, where a …