The study could thwart implementation of BUBU like initiatives Kampala, Uganda | ISAAC KHISA | Local firms that sell more of their products to government entities tend to perform better compared to their counterparts that do not, yet, passing laws that enforce local purchases could be disastrous. This is based on research …

Kampala, Uganda | ISAAC KHISA | Uganda’s corporate law firm, Ligormac Advocates, has broadened its legal services with the inclusion of tax related advisory services to customers. This comes barely four months since the firm entered into a collaboration with the US-based Andersen Tax and the Andersen Global that has nearly …

 Kigali, Rwanda | ISAAC KHISA AND AGENCIES | Kenyan-based Commercial Bank of Africa (CBA) officially started its banking operations in Rwanda on March 19 following the successful acquisition of Crane Bank Rwanda Ltd, now relaunched as CBA Rwanda Limited. Acquired from Dfcu Uganda, CBA Rwanda Ltd becomes the 16th commercial …

Government move to stop telcos from selling SIM cards through agents could hurt the company’s revenue going forward Kampala, Uganda | ISAAC KHISA | MTN’s subsidiary in Uganda has recorded a surge in revenue for the year ended December 2017 amidst a sharp fall in subscriber base. The full year performance results …

Kampala, Uganda | ISAAC KHISA | Over 20 companies have so far signed up for the NSSF Kampala Hash run that is aimed at raising Shs 400 million for the renovations of selected public schools in Kampala. The money collected will go towards helping Kampala Capital City Authority (KCCA) renovate schools under its …

The South African bank to open offices in London and New York to serve clients seeking to invest in Africa Kampala,Uganda | ISAAC KHISA | Barclays Africa Group Limited (BAGL)plans to return to is former name, Absa, across its operations on the African continent. The bank’s executives said the move …

The new move will see the lender venture into non-banking business Kampala, Uganda | ISAAC KHISA | Uganda’s largest lender, Stanbic Bank Uganda, is finalising plans to become a Bank Holding Company (BHC), a step that would enable it access funding more easily but also tighten capital requirements and regulatory oversight. …

Kampala, Uganda | ISAAC KHISA | The European Investment Bank (EIB) has extended US$29.6million (€24million) loan to two local banks for financing small and medium sized firms in Rwanda. The bank signed the US$19million loan with the Development Bank of Rwanda and another one with I&M Bank of Rwanda at US$10milllion. …

Kampala, Uganda | ISAAC KHISA | Senior executives in Uganda’s leading telecom companies have always said the country’s mobile phone market has room to grow but it is too small to support all of the seven telcoms. And the assertion seem to have come to pass, with the British based telecom, …

Kampala, Uganda | ISAAC KHISA | Dianne Calvi is the CEO of Village Enterprise with operations in Uganda and Kenya. She spoke to Isaac Khisa about the new innovations in fighting poverty in rural areas. What is your management style as the CEO? I am an informal manager who believes that …