Kampala, Uganda | ISAAC KHISA | The inaugural Intra-African Trade Fair (IATF 2018) ended in Cairo on December 17 with the Rwandese capital of Kigali being announced as the host of the 2020 event. Former Nigeria President Chief Olusegun Obasanjo, who is also Chairman of the IATF Advisory Council, made the …
Read More »Coke unveils more sugar-free soda
Kampala, Uganda | ISAAC KHISA | Coca-Cola Beverage Africa has expanded its sugar-free drink in the Ugandan market as it seeks to tap into the increasing health-consciousness consumers. The company says it has unveiled Stoney Zero Sugar, Fanta Zero Sugar, Coca Cola Zero Sugar and Sprite Zero Sugar as well as …
Read More »Turning digital ideas into impact
Kampala, Uganda | ISAAC KHISA | Patrick Adengo is the Managing Director at the Stalworth Consulting Group, LLC. He spoke to The Independent’s Isaac Khisa about the company operations and digital and technology sector related issues. How would you describe Stalworth Consulting Group, LLC? Stalworth Consulting Group (SCG) is a management and strategy consulting firm …
Read More »‘No premium, no insurance cover’ regulation to start in 2019
The move could see a slight reduction in insurance premiums in the short run Kampala, Uganda | ISAAC KHISA | Uganda’s insurance companies, will in effect from January, 2019, implement the ‘No premium, No cover’ regulation, as part of the new measures intended to reform the local industry. This means that …
Read More »AIG is back
Will American firm regain its top position? Kampala, Uganda | ISAAC KHISA | The American Insurance Group (AIG) has re-entered the Ugandan market, exactly two years after its exit, citing a re-alignment of its global business strategy. Local industry players have naturally warmed up to AIG’s re-entry into Uganda saying …
Read More »Afreximbank seeks to recruit 700 banks as agents
Kampala, Uganda | ISAAC KHISA | Cairo-based African Export-Import Bank (Afreximbank) is seeking to recruit at least 700 commercial banks as agents across the continent to extend financial services to Small and Medium Enterprises (SMEs). Amr Kamel, the Bank’s Executive Vice President, Business Development and Corporate Banking, said the multi-lateral lender …
Read More »Uganda’s banking sector looks brighter
Kampala, Uganda | ISAAC KHISA | The country’s banking industry recorded a sluggish profit growth in 2017 but it projects a positive outlook a head. Fabian Kasi, the managing director of Centenary Bank spoke to The Independent’s Isaac Khisa about the industry’s growth prospects. Ashead of one of the country’s …
Read More »Uganda’s ease of doing business worsens
Trade Ministry says the Ease of Doing business does not reflect true picture on the ground Kampala, Uganda | ISAAC KHISA | Uganda slide its ranking on the World Bank’s ‘ease of doing business’ report for the second consecutive year, dropping five places to the 127 position owed to increase in …
Read More »KQ opens E. African skies to United States
Kampala, Uganda | ISAAC KHISA & AGENCIES | The newly unveiled Kenya Airways non-stop daily flights between Nairobi and New York is set to open up the East African skies to the United States, making a milestone development in travel and tourism business in the region. The carrier’s long-awaited inaugural flight …
Read More »SME’s need partners, not just banks
Kampala, Uganda | ISAAC KHISA | Micro, Small and Medium Enterprises are the engines of many economies including Uganda and therefore need bank’s help to thrive and grow, according to Prof. Chris Ogbechie, a strategic management don at Lagos Business School and former Chairman of the Nigerian-based Diamond Bank Plc. Prof …
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