How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
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Gian Conforzi is the commercial director of Biyinzika Poultry International. He spoke to The Independent’s Agnes E. Nantaba about the growth prospects of the country’s poultry industry. What are the key elements in your management philosophy as a manager? Internally, my team and I try to recruit the right …
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Anwar Soussa, who supervised the record performance, quit the telecom company Kampala, Uganda | ISAAC KHISA | Telecom service provider, Airtel Uganda, ended the 2016 financial year with 85.6% growth in net profit to Shs 160.45bn on the back of improved uptake of mobile money, value added services and data. …
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Will 80% supply hole in Uganda’s polythene bag market be crisis or opportunity? Kampala, Uganda | RONALD MUSOKE | Ugandan environmentalists are renewing their fight against the manufacture of polythene materials in the country following the Aug. 28 enforcement of a ban on plastic carrier bags by the Kenyan government. …
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Lack of major growth in sales remains an issue Kampala, Uganda | ISAAC KHISA | Uganda Clays Limited has recorded a 70% growth in net profit to Shs2.17 billion for the six months ending June 30. The stellar performance comes on the back of its majority shareholder, the National Social …
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Sarah Nkonge Muwonge rose to fame in 1998 when she was appointed as Kampala City’s first woman mayor. But she is largely an entrepreneur who owns five schools spread out in Kampala, Jinja, Masaka, and Buloba; including Kampala Secondary School. Kampala, Uganda | AGNES E NANTABA | She also owns …
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The economic rescue initiatives can only succeed without political interference Kampala, Uganda | ISAAC KHISA | How can central banks in the East African Community boost private sector credit that has since last year slowed down? That was one of the issues that the Central Bank Governors in the region …
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What next as Museveni’s cadre judges win? Kampala, Uganda | AGATHER ATUHAIRE | On Aug 18 President Yoweri Museveni appointed a new Deputy Chief Justice to replace DCJ Steven Kavuma who retires this month and elevated two other justices from Court Of Appeal to Supreme Court. The DCJ designate pending …
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Performance of the economy likely to determine profitability going forward Kampala, Uganda | JULIUS BUSINGE | Dfcu bank’s net profit more than quadrupled to Shs 114bn for the six months ending June 30 after the acquisition of Crane Bank but analysts remain cautious on whether the bank will maintain the …
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How pride, Kabagambe’s ghost, and Chinese investors sealed his fate Kampala, Uganda | HAGGAI MATSIKO | On July 03, the sacked former Permanent Secretary of the Ministry of Energy, Stephen Isabalija swung the first blow in a fight that would live him jobless. He unilaterally cancelled an MoU the government …
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