Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority (IRA) has so far issued eight certificates to banks to offer bancassurance (selling insurance policies) to their clients as one way of boosting the sector’s growth. Speaking at a press conference in Kampala on Feb.08, IRA officials including the Chief Executive …
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Kampala, Uganda | JULIUS BUSINGE | George Inholo is the managing director of clay products maker, Uganda Clays Limited. He spoke to The Independent’s Julius Businge about their operations and industry issues. How would you describe business at Uganda Clays as we speak? Talking about 2017, the key thing to note …
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Kigumba Petroleum Institute has trained just 133 locals with certificates and diplomas in oil and gas Kampala, Uganda | JULIUS BUSINGE | Uganda will start investing in the oil and gas infrastructure ahead of the planned production in 2020 but there are indication that majority of the work will be undertaken …
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Auditor General lists weak government departments | Political will to do things is zero, says civil society NAADS (corruption), Ministry of Finance (domestic arrears, funding shortages) Public universities (unapproved salaries) Local governments (low absorption), URA (tax exemption follow-up, low targets, missed royalties gold) Ministry of Lands, Housing and Urban Development …
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Kampala, Uganda | JULIUS BUSINGE | As the budget making process for FY2018/2019 continues at different fora, several players are taking part by coming out with several proposals. The latest player is Southern and Eastern African Trade, Information and Negotiations Institute (SEATINI). It is calling on Parliament to increase allocation to …
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Surprises in 2018 budget:mFinance Ministry makes right moves, but timing could be wrong Kampala, Uganda | JULIUS BUSINGE | For years now, Uganda’s budget making process has been dominated by debates about four contentious issues; the government’s huge investment in infrastructure, domestic resource mobilisation, the size and rate of external …
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Kampala, Uganda | JULIUS BUSINGE | Sadolin Paint has partnered with local businessman, Joseph Kanaaba to launch a Shs 180 million colour centre located at Freedom City, along Entebbe Road – a few kilometers away from Kampala City. In an interview with The Independent, Kanaaba said the Centre opened business on …
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What experts think is important in regard to president’s message Kampala, Uganda | JULIUS BUSINGE | Gideon Badagawa, the executive director at the Private Sector Foundation Uganda (PSFU), says President Yoweri Museveni’s New Year speech with regard to value addition was well-intentioned. “The concentration of the speech on value addition …
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Kampala, Uganda | JULIUS BUSINGE | Uganda’s private sector remains stable amidst a slight reduction in the activity, according to the latest monthly survey conducted by Stanbic Bank. Stanbic Bank Uganda Purchasing Managers Index for manufacturing and services declined slightly from 54.9% in November to 54.3% in December 2017. However, the …
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Kampala, Uganda | JULIUS BUSINGE | Xeno Technologies Uganda Limited is an indigenous investment fund management company that officially launched business on Jan.03. The company’s CEO, Aeko Ongodia spoke to The Independent’s Julius Businge about their plans. What is your core business like? Xeno Technologies is a newly licensed …
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