Business

Kampala, Uganda | THE INDEPENDENT | Former Shareholders of the defunct National Bank of Commerce (NBC) are demanding sh295 billion as compensation from Bank of Uganda (BoU) over the closure of their Bank. The shareholders include former Prime Minister Amama Mbabazi, businessman Amos Nzeyi, former Supreme Court Judge George Wilson …

MAAIF, FAO advance efforts towards regulation of fisheries and aquaculture Kampala, Uganda | THE INDEPENDENT TEAM | Uganda will soon have a new Fisheries and Aquaculture law, if the proposed Fisheries and Aquaculture Bill, 2018, is reviewed and approved by Cabinet and Parliament. The proposed law is a revision of …

London, United Kingdom | AFP | The pound dropped Monday following weak UK construction data and as Prime Minister Theresa May seeks to try and finally unlock the Brexit stalemate. London’s benchmark FTSE 100 index, featuring large multinationals earning in dollars and euros, climbed to a two-month high above 7,000 points thanks to the weaker …

Kampala, Uganda | THE INDEPENDENT | Economists have called for a review of the different social welfare programmes designed by the government to ensure that they transform the targeted beneficiaries. Some of the programmes highlighted for a possible review include the Youth Livelihood Program, Social Assistance Grants for Empowerment and the …

Kampala, Uganda | THE INDEPENDENT | Emirates has introduced an innovative new function on its app to allow every Ugandan to create bespoke playlists ahead of their flight and sync it to their seats once on board. All customers can plan their trip more effectively, and maximize their onboard experience by …

Kampala, Uganda | THE INDEPENDENT | Four years ago, Sandra Nakayenze set out to change the lives of women coffee farmers in the hills of Sironko district. The social, economic, religious and cultural hardships encountered by both young rural women and the girl child in her village compelled Nakayenze to form …

Kampala, Uganda | THE INDEPENDENT | Solutions provider, Bonastore Uganda, held its first ever Bonastore Franchise Appreciation Day. The event held at Golf Course Hotel was organised to give a platform to Bonastore suppliers, partners and establishments to boost their knowledge of the business model, and strengthen relationships to support …

Kampala, Uganda | THE INDEPENDENT | Emirates, which flies daily from Entebbe to Dubai, has appointed John Gemin as its new Country Manager for Uganda. Gemin will oversee sales and service functions for the airline’s passenger, cargo, management and airport operations. He holds a bachelor’s degree in International Business and Management …

`If the music is good, I fall in love and do a cover for it’ Kampala, Uganda | AGNES E NANTABA | Nshuti Sarah Mbabazi has become famous for doing cover versions of songs by some of Uganda’s top musicians. Her Facebook videos have become a sensation. She has covered …

MTN told to fulfill the National Broadband Policy as a condition to have its licence renewed Kampala, Uganda | ISAAC KHISA | It is impossible to tell a story about the Uganda’s telecom revolution that began more than 20 years ago without mentioning MTN. The South African firm entered the country’s …