Business

All retirement  benefits schemes are required to have an investment policy statement, also known as the Investment Strategy, which clearly stipulates how they intend to invest members’ savings. COMMENT | Lydia Mirembe |  “Advise people to learn how to grow their asset column and…accumulate their wealth rather than saving without investing.” …

AVIATION DIGEST | JARED KALERA |  In the middle of 2019, Uganda Airlines bought four  Bombardier and two  A330-800 Neo from Airbus . What is noteworthy is that these were outright purchases . A debate from different groups has been  as to whether it was a wise decision to buy …

The energy minister says nobody will be punished until investigations are concluded | THE INDEPENDENT | The abrupt shutdown of the 183MW Isimba hydropower plant on Aug.08 continues to cause anxiety amongst Ugandans, with many urging authorities to penalize those that caused the error. However, speaking as the main guest …

| THE INDEPENDENT | MTN Uganda is embracing renewable energy with the connection of all its network sites to the hydroelectric grid. The company has partnered with Ubuntu Towers Uganda and American Tower Company (ATC) to connect 250 network sites countrywide to the hydroelectric grid this year in a bid …

The Japan-Africa conference in Tunis from August 27 to 28 will give Japan a chance to get relations back on track after the upheavals of the pandemic | NEIL FORD | Japan’s relations with the African continent are again in the spotlight as the eighth Tokyo International Conference on African …

The market boasts of two reinsurance companies, 29 insurance players, and three HMOs | THE INDEPENDENT | Insurers in Uganda have recorded an 18.5% growth in gross written premiums for the six-month period ending June.30 to Shs 711.6bn. Results released in Kampala on Aug.18 indicate that the non-life insurance business …

Kuala Lumpur, Malaysia | Xinhua | Fitch Solutions on Monday maintained its palm oil average price forecast this year at 5,200 ringgit (1,160 U.S. dollars) per ton, seeing a slight recovery in palm oil prices from its recent decline. The Fitch group unit said in a note, for the remainder of …

COMMENT | DEREK NSEKO | The era of the flag carrier seemed to be in question and even under scrutiny this past decade. Do we still need them? Can they be viable on the African continent? The crisis brought about by the Corona pandemic has somewhat cooled that. Airlines across the …

AVIATION DIGEST | JARED KALERA | As we discuss the recovery process of the aviation industry after COVID-19, we need to have in mind what the pandemic has done to Aviation and the different sectors of aviation business. In Aviation we have passenger – both Business and leisure travel,  then cargo …

Masaka, Uganda | THE INDEPENDENT | Several vendors are protesting the use of raffles in the allocation of space and stalls in the newly built Masaka City Central Market. The Local Government Ministry and Masaka City Council are in the final stages of handing over the market to the vendors four years after …