Rent drops but top property agency sees short-term gloom before long-term boom Rent for office space in prime locations in Kampala city has taken an almost 30% fall as tenants flee the city’s Central Business District (CBD), according tothe latest report from the property agency Knight Frank. Rents have dropped …
Read More »Bad fuel on the market
Bad fuel concern: Dealers, UNBS clash over adulterated fuel standards If you are a motorist, chances are high that you’ve ever bought adulterated fuel unwittingly. Fuel adulteration involves the mixing of diesel or petrol with kerosene as dealers seek to take advantage of the lower price of kerosene to increase …
Read More »New UBOS report faults government on agriculture Investment
The proportion of Ugandans engaged in agricultural activities has registered a slight increase according to the latest National Services Delivery Survey. A report, which was compiled by the Uganda Bureau of Statistics (UBOS) shows that the proportion of Ugandans who depend on agriculture increased from 75% in 2008 to 76% …
Read More »Bwebajja J & M Hotel auction date set
Barclays Bank has instructed Quickway Auctioneers and Court Bailiffs to auction J&M Airport Rd Hotel Apartments and Leisure Centre Ltd to recover a loan amounting to more than Sh 4.7 billion. A notice published on July 4 indicated that the property, sitting on approximately 30.5 acres, would be auctioned to …
Read More »Elusive electricity
New report shows access to electricity has risen but complaints about poor service delivery persist The proportion of Ugandans who use paraffin for lighting has dropped dramatically from 84% in 2008 to 47% in 2015 while those using electricity have risen from 10% to 26% over the same period, according …
Read More »Access to electricity rises but complaints persist
New report shows access to electricity has risen but complaints about poor service delivery persist Paraffin users 84% to 47 % Electricity users 10% t0 26% Solar users 0.2% to 25% Electricity available 19.4 hours daily People who think power tariffs affordable 54% The proportion of Ugandans who use paraffin …
Read More »TMEA launches second phase
Regional trade facilitation organisation to pump between Shs 2.66 – Shs 2.83 trillion in region On May 31, executives at Trademark East Africa, a not-for- profit organization that supports the East African Community integration process in trade policy reforms and trade-related infrastructure, gathered in Kampala. The meeting was intended to …
Read More »Gearing for Ugandan-made motor vehicles
By Isaac Khisa Paul Isaac Musasizi is the chief executive officer of Kiira Motors Project, the developers of the Kiira EV, an electric car conceptualized in Uganda. He spoke to Isaac Khisa about the prospects of local motor vehicle manufacturing. How is your leadership style as a CEO? I am …
Read More »Rolling out agency banking
By Isaac Khisa Olumuyiwa Asagba is the chief executive officer of Interswitch East Africa. He spoke to Isaac Khisa about their operations, agency banking, and the financial services sector in Uganda. What is your leadership philosophy as a chief executive officer? Every leader needs to have a vision. That vision …
Read More »Providing offices in space
By Isaac Khisa Brian Tabaruka is the general manager of the Regus, a virtual office service provider in Uganda. He spoke to Isaac Khisa about their operations and other issues in the virtual office industry. What is your personal philosophy of leadership as a manager? Personally, appreciate that I am …
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