Sam Omukoko is the group managing director for Metropol Corporation Limited, a business, information and credit management company. He spoke to The Independent’s Julius Businge about their business in Uganda and the East African region. Could you describe the role of Metropol Corporation Limited? Our role is to compile and …
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BOD Chairman Patrick Bitature says negotiations to be concluded before end of year Kampala, Uganda | JULIUS BUSINGE | Patrick Bitature is a top businessman and entrepreneur in Uganda with interests in the energy, telecommunication, real estate, mining and hospitality sectors. He has earned respect by chairing boards of several …
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The lender’s entry into Zambia and Mozambique will enhance trade between East and Southern Africa Kampala, Uganda | JULIUS BUSINGE | Equity Bank’s move to acquire banking assets of Atlas Mara in four African countries will create new opportunities for traders in the East African region, according to the bank’s …
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The impasse lies in the hands of two leaders –President Museveni and Paul Kagame. Kampala, Uganda | JULIUS BUSINGE | Ugandan traders are slowly turning to other markets in the region to sell their goods as the border standoff between Kigali and Kampala continues into the third month with …
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5% drop to Shs68bn in net profit Kampala, Uganda | JULIUS BUSINGE | Huge taxes paid to Uganda Revenue Authority (URA) has seen Barclays Bank Uganda Limited record a 5% drop in net profit to Shs68bn for the year ended December 2018. Barclays bank financial results released on April 25 …
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The bank is eyeing fin-tech, insurance, fund management and stock brokerage cash Kampala, Uganda | JULIUS BUSINGE | On April 10, Stanbic Bank might have given hope to its shareholders that they will earn more money in the near future estimated to be more than Shs300bn in net profit. The …
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Why brokerage firms must diversify investments to cope with emerging stock market trends Kampala, Uganda | JULIUS BUSINGE | Once upon a time, being a stockbroker was comfortable, genteel and lucrative, according to Andre Cappon, the chief executive officer, CBM Group, a management consultant firm specialising in financial services based …
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Economists support its revival but remain skeptical about its success as a business Kampala, Uganda | JULIUS BUSINGE | Uganda Airlines will soon be back in the skies again but the questions remain on how the national carrier will avoid the past mistakes that led to its liquidation 18 years …
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Company expects more revenue from government’s free connection policy Kampala, Uganda | JULIUS BUSINGE | Power distributor, Umeme Limited recorded a 70% jump in profit after tax for the year ended December 2018 compared to the previous year. This came after the company settling a conflict regarding a specific clause …
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Top managers are optimistic the future of the business is bright Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu would be happier if the bank’s financial accounts showed a decline in costs and increase in revenue. This is not the case for the financial year 2018. However, dfcu’s …
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