New initiative expected to drive the company’s revenue growth Kampala, Uganda | ISAAC KHISA | Airtel Uganda has unveiled a fourth generation (4G) internet services, stepping up the battle for customers in country’s telecommunication market. MTN Uganda and Africell unveiled their 4G services in 2015 and 2016 respectively, with the …
Read More »Police investigates death of Swedish national
Kampala, Uganda | THE INDEPENDENT | Jinja Police are investigating the death of 75-year-old Takis Pacis, a Swedish national. His lifeless body was found lying on a sofa set inside his residence along Kisinja road in Jinja municipality on Monday morning. The deceased was the proprietor of Bohemia resort along …
Read More »‘Tourism should be every Ugandan’s business
Lilly Ajarova will in March, this year, officially take over the mantle at the Uganda Tourism Board (UTB) as the new Chief Executive Officer. She talked to The Independent’s Ronald Musoke about her plans for Uganda’s tourism industry. You have come in at a time when the government’s interest in …
Read More »Kampala’s rental rates remain stable
Final investment decision in oil and gas to drive real estate sector Kampala, Uganda | PATRICIA AKANKWATSA | Retail rental rates in Kampala have remained stable over the past six months as the industry consolidates following a slowdown in the past two years, according to the latest report from the …
Read More »CSOs warn about Sh2.7 trillion tax arrears
Escalating tax arrears likely to hurt service delivery, CSOs warn Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations (CSOs) have expressed concern over the growing tax arrears worth Sh2.7 trillion which government has failed to pay on behalf of contractors. Regina Navuga, a program officer at Southern and Eastern …
Read More »Uganda Breweries revenue up 12%
New tax sees company’s sales for affordable brands drop by 30 percent Kampala, Uganda | JULIUS BUSINGE | Beer maker, Uganda Breweries Limited, saw its revenue surge amidst a sharp decline in sales for affordable brands for the half year ended December 2018. The company’s financial statements released on Feb. …
Read More »Price of construction sector inputs increases by 2%
Kampala, Uganda | THE INDEPENDENT | The price of inputs in the construction sector went up by 2.0 percent for the year ending in January 2019 compared to 1.5 increase of the year that ended in January 2018. This is according to the construction sector indices released by Uganda Bureau …
Read More »Insurance broker MINET trains insurers on matters oil
Kampala, Uganda | JULIUS BUSINGE | Insurance broker Minet Uganda Limited in partnership with AON from the United Kingdom, conducted an oil and gas training aimed at equipping insurers with knowledge about oil and gas risks. Around 40 insurance industry executives attended the workshop at Sheraton Kampala Hotel, the company said in …
Read More »IMC expands reach to Kireka
Kampala, Uganda | THE INDEPENDENT | International Medical Centre’s growing list of branches has extended to Kireka, on Jinja Road just outside Kampala City. The facility that opened today, will provide specialized and general medical services to residents of Kireka and surrounding areas of Kira Municipality. IMC Kireka is part of the …
Read More »Kenyan firm joins Uganda’s pension sector
Kampala, Uganda | THE INDEPENDENT | One of Kenya’s leading independent pension administrators has joined has joined Uganda’s pension after being licensed by Uganda Retirement Benefits Authority. Enwealth Financial services formerly operating as Liberty Pension Services in Kenya joins the liberalized pension sector in Uganda to provide retirement benefits. Unlike National …
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