UK-based insurer in Uganda, Britam, has once again won a business deal with the government to provide insurance cover, this time for Uganda Airlines. Kampala, Uganda | ISAAC KHISA | Willis Towers Watson is the airlines’ insurance broker. Britam CEO, Allan Mafabi confirmed to The Independent on Aug.02 that they …
Read More »Proscovia Nabbanja to head National Oil Company
Kampala, Uganda | THE INDEPENDENT | Uganda National Oil Company (UNOC) board of directors has appointed Proscovia Nabbanja as the acting CEO. The announcement comes after former CEO, Dr. Josephine Wapakabulo left office today. Nabbanja, 41, has been the chief operating officer upstream at UNOC. According to a profile on UNOC …
Read More »Stanbic half year net profit up 40% to Shs 134bn
The lender plans to focus on providing solutions that meet clients’ needs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has registered an increase in net profit by almost 40% to Shs134bn in the first six months ending June.30, according to its financial results released on Aug.05. This performance was …
Read More »Local content bill seeks to restrict employment of non Ugandans in public works
Kampala, Uganda | THE INDEPENDENT | Companies and persons using public money and resources will not be allowed to employ foreign nationals should the National Local Content Bill 2019 pass in its current form. The bill, which is before the Finance Committee of parliament, seeks to impose local content obligations on …
Read More »Regulate artisanal and small-scale mining
The Africa Centre for Energy and Mineral Policy (ACEMP) organised the first ever Uganda national conference and exhibition on artisanal and small-scale mining and quarrying in Kampala on July 25-26. The Independent’s Julius Businge spoke to Don Binyina Bwesigye, the ACEMP’s executive director on the significance of the event to …
Read More »Will Uganda Airlines commence flights this month?
Analysts say carrier will struggle to compete at fair rates and service Kampala, Ugannda | THE INDEPENDENT | Uganda’s national flag carrier, Uganda Airlines, has again announced that it will commence commercial flights at the end of this month. The airline officials say the carrier received an operating licence, commonly …
Read More »US-African trade lagging despite free access, forum hears
Abidjan, Ivory Coast | AFP | Trade between the United States and sub-Saharan Africa is in the doldrums despite a 2000 US law designed to boost access the American market, a conference in Ivory Coast has been told. The African Growth and Opportunity Act, which in 2015 was extended to 2025, …
Read More »Accountants tip government on economic growth
NPA boss says the country has undergone structural change but not structural transformation Kampala, Uganda | JULIUS BUSINGE | Patronella Namubiru, the associate director in charge of tax at the audit firm, Deloitte Uganda, spoke passionately about the prospects of Uganda’s economy at the 7th CPA Economic Forum held at …
Read More »Cruising on the Zambezi
Lessons aplenty for Uganda from Zimbabwe’s water tourism Victoria Falls, Zimbabwe | RONALD MUSOKE | On a sunny late afternoon, Victor Madzimbamuto, 50, our boat captain welcomes us aboard Dighani Tours, a mid-sized vessel that is in effect a floating bar for patrons as they cruise on the Zimbabwean section …
Read More »Uganda Airlines takes off August 28, offers promo fares
Uganda airlines new bombardier 💠Uganda airlines FARES ✳Nairobi Return $278 ✳Juba $225 ✳Mogadishu $590 ✳Dar $ 286 ✳Bujumbura $292 ✳Mombasa $325 ✳Kilimanjaro $311 Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines has set August 28, 2019, as the official date for the company’s maiden commercial flights to Nairobi, Juba, Mogadishu …
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