Kampala, Uganda | JULIUS BUSINGE | Starting October 26-27, Uganda will host the inaugural ‘Kampala Geopolitics Conference’ at Makerere University, Kampala. Over 100 speakers from various countries including France, Germany, South Africa, Kenya, South Sudan and Uganda will discuss 21 topics vital to global concerns before hundreds in the audience, the …
Read More »Mutebile’s fourth lecture defines way for growth
Focus on tourism, ICT, horticulture, incentives to create jobs, grow economy Kampala, Uganda | JULIUS BUSINGE | Tourism, agriculture, Information and Communication Technology, horticulture, transit trade and logistics are key sectors that countries yearning for development should focus on. This was the take away from the just concluded 4th Governor Mutebile’s …
Read More »Cipla joins stock market
Company’s IPO was the most efficient with less than 5% of advertising and promotional budget compared to previous offers Kampala, Uganda | JULIUS BUSINGE | Shares of Cipla Quality Chemicals Ltd started trading at the Uganda Securities Exchange on September 17, making it the first drug maker in the region to …
Read More »Revamping NSSF Pension Towers
The project cost goes up 57% to Shs410bn Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund (NSSF) will resume the construction of its Pension Towers on Lumumba Avenue in Kampala before the end of this year. The project was halted nearly seven years ago citing influence peddling in the …
Read More »Uganda clays profit tumble
How management intend to turnaround performance going forward Kampala, Uganda | JULIUS BUSINGE | The rise in revenue expenditure and emoluments for staff cut the profitability of Uganda Clays Limited (UCL) for the last six months ending June 30, 2018. However, the company eyes a bright future due to new outlets …
Read More »NSSF members have a reason to celebrate
Fund pays 15% interest to members, the highest in history Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund rarely misses the opportunity to boast about the billions of shillings it rewards to its members every year in form of interest income. This was the same situation on August 28 …
Read More »ANALYSIS: Maize price crisis
Why government needs to think beyond Shs100bn loan facility Kampala, Uganda | JULIUS BUSINGE | The government recently made a policy announcement targeting maize farmers and traders. It promised to provide Shs100bn as loan facility, through the Bank of Uganda’s Agriculture Credit Facility to maize traders to enable them buy the …
Read More »Stanbic’s half-year earnings remain flat
Bank’s CEO is optimistic that the second half will be better Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has recorded same net profit in the half year of 2018 as it was last year, underscoring how the industry is struggling to grow in the era of low interest rates and …
Read More »‘Logistics and courier sees bright future’
Kampala, Uganda | JULIUS BUSINGE | DHL is a global brand in the logistics industry with operations in more than 220 countries including Uganda. The Independent’s Julius Businge spoke to Fatma Abubakar, the country manager for DHL Uganda on the sidelines of an e-commerce workshop held at its headquarters in Kampala …
Read More »Battle for Uganda’s telecom market
Bigger firms choke smaller and new telcos Kampala, Uganda | JULIUS BUSINGE | A few days to implementation of the social media tax, commonly referred to as Over the Top (OTT) on July 1, 2018, three largest telecom firms – MTN, Airtel and Africell issued a joint statement to guide its …
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