Business

Tanzania’s rapidly growing ‘Bongo’ film industry is going full steam ahead, with British actor Idris Elba planning a major film studio in the country Dar es Salaam, Tanzania | BIRD AGENCY |  British actor Idris Elba plans to open a major film studio in Tanzania after holding initial talks with …

Experts reveal how Back-to-School medical exams are degenerating into money-making racket   Kampala, Uganda | THE INDEPENDENT |  As suppliers of school materials are busy raking in money from shoppers in last-minute shopping for children who return to school on Monday, health workers have also found themselves ‘drafted’ into the cash …

Kampala, Uganda | THE INDEPENDENT | The Former Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba has appealed to parliament’s select committee investigating operations of the entity to have him re-appointed as the inquiry goes on. Byarugaba was on Friday appearing before the select committee to respond to …

Kampala, Uganda | THE INDEPENDENT | East African Community leaders and the business community are excited at the move by Kenyan President William Ruto to ease trade restriction between Kenya and Uganda, saying it gives new hope for deeper integration. Since his inauguration in September last year, Ruto has reversed several …

Hoima, Uganda | THE INDEPENDENT | Vendors at Hoima central market in Hoima City are up in arms with the city authorities over the persistent power blackout and poor sanitation that has hampered their working conditions for long. The vendors say they have operated without power for the last three months, …

Kampala, Uganda | THE INDEPENDENT | The government has signed a Production-Sharing Agreement(PSA) with Uganda National Oil Company for the Kasuruban block in Albertine Graben’s Buliisa district. The signing of the PSA with the government-owned oil company that took place on Thursday has been described as yet another milestone in the …

Kampala, Uganda | THE INDEPENDENT | On Jan.24, TECNO’s premium sub-brand, PHANTOM launched its new flagship smartphone PHANTOM X2 Series. It is the world’s first smartphone to feature a retractable portrait lens comparable to a professional camera designed to capture our most cherished moments. The PHANTOM X2 Series comprises PHANTOM X2 …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank has announced it is offering affordable Cente education product for parents, students and school proprietors in a bid to cushion their financial burden as schools re-open. The bank, the largest commercial microfinance bank in Uganda, has said the Cente education product is available to …

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has defended its performance over the last 10 years before the Parliamentary Select Committee investigating the National Social Security Fund (NSSF) and the appointment of the Managing Director and Deputy Managing Director. The Committee is chaired by Mwine Mpaka, …

When directors sit on too many company boards they might become what’s referred to as ‘overboarded’ Kampala, Uganda | REHANA CASSIM | Experienced directors of companies are in high demand in countries around the world. For this reason, many hold multiple directorships. There’s an upside to this. Directors with multiple directorships …