Tag Archives: Business

Hike in trade licence fees and tedious property transfer blamed Kampala, Uganda | ISAAC KHISA | Uganda has slid back in the World Bank’s Ease of Doing Business ranking dropping seven places to 122 out of 190 economies. It is the sixth time in seven years that the East African nation …

Deloitte, an international Audit firm operating in Uganda is working on a plan with the Ministry of Trade Industry and Cooperatives to aid small and medium enterprises (SMEs) grow their enterprises and boost economic growth. Its Managing Partner in Uganda, Norbert Kagoro, spoke to The Independent’s Julius Businge about their …

Kampala, Uganda | THE INDEPENDENT | President Paul of Rwanda has told business and political leaders and entrepreneurs that African can make great progress in getting rid of all barriers to free trade within on the continent in the next five years to 10 years. The President was on Nov.01 addressing …

Why cost per Mbps has dropped by 73% in last three years Kampala, Uganda | JULIUS BUSINGE | The cost of internet in Uganda has dropped by 73% to US$70 per Mbps over the past three years, signaling a reduction in the cost of doing business. In an exclusive interview with …

THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …

London, United Kingdom | AFP | US ride-hailing company Uber on Friday lost its appeal against a landmark court ruling in Britain that would give drivers the right to paid holidays and the national minimum wage. The London employment tribunal upheld an October 2016 judgment in a case that is …

VIDEO: Museveni & Magufuli commit to removal of trade barriers Kampala, Uganda | NTV UGANDA | President Yoweri Museveni and his Tanzania counterpart John Pombe Magufuli  committed themselves to eliminating all the trade barriers that hinder cross border trade among the two countries. The two leaders gave their assurances as they …

Frankfurt am Main, Germany | AFP | German sports gear group Adidas on Thursday reported a jump in third-quarter profits, lifted by strong demand for its own-brand trainers and apparel in China and North America. The Bavarian company, which sponsors English Premier League giants Manchester United, said net profit soared to …

Beijing, China | AFP | China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over $37 billion, as part of a multi-billion dollar raft of deals announced during President Donald Trump’s visit to Beijing. The agreement for China Aviation Suppliers Holding Co (CASC) to buy …

VIDEO: Uganda falls seven steps down in business index Kampala, Uganda | NTV UGANDA | Development partners are puzzled at Uganda’s dismal performance in the just-released Ease on Doing Business Report 2018. Authored by the World Bank annually, Uganda fell back 7 places from position 115 to 122, leaving businesses with …