Kampala, Uganda | JULIUS BUSINGE | Ron Kawamara is Jumia Uganda’s new Chief Executive Officer. He spoke to The Independent’s Julius Businge about his strategy and related online developments. What are the reasons behind Jumia’s success story in Uganda? We have been growing because of our best prices in the market. …
Read More »ANALYSIS: What is behind Africa’s crypto-phobia?
African central banks should set up specialised units dedicated to researching cryptocurrencies Kampala, Uganda | ALLEN CHORUMA | As the use of cryptocurrencies gains momentum, African central banks, gripped by crypto-phobia, are pressing panic buttons, with some taking the easy way out by banning the use and trading in cryptocurrencies in …
Read More »KQ opens E. African skies to United States
Kampala, Uganda | ISAAC KHISA & AGENCIES | The newly unveiled Kenya Airways non-stop daily flights between Nairobi and New York is set to open up the East African skies to the United States, making a milestone development in travel and tourism business in the region. The carrier’s long-awaited inaugural flight …
Read More »Can Museveni kick Mutebile, Kasekende out of BoU?
BOU: Leaked documents raise concerns about the central bank Kampala, Uganda | HAGGAI MATSIKO | Fear of heads rolling at BoU has intensified ever since it was confirmed that the Inspector General of Government (IGG) was looking into the accounts of top officials of the central bank, including the Governor Tumusiime …
Read More »All eyes on Uganda at Africa Oil Week in Cape Town
➡ Africa Oil Week #AOW18 Nov 5-9 ➡ ??Uganda one of 70 countries ➡150 world-class speakers ➡16 Government Ministers ➡1,300+ delegates Kampala, Uganda | THE INDEPENDENT | Uganda’s private and public-sector leaders in the oil and gas sector will this week showcase the country’s national development strategies and give an overview of their …
Read More »Museveni clarifies on youth programmes
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has clarified on why he has recently directly supported Youth Programmes, mainly in Kampala and Rukungiri. **** FULL STATEMENT CLARIFICATION BY H. E GEN YOWERI KAGUTA MUSEVENI, ON THE CONFUSION SURROUNDING THE YOUTH PROGRAMMES Fellow Countrymen and Countrywomen, especially the NRM Leaders, I …
Read More »CAA in Sh4.7 billion Entebbe security upgrade
Entebbe, Uganda | THE INDEPENDENT | Civil Aviation Authority (CAA) has started upgrading the security search park at Entebbe International Airport to ease the screening of people entering and leaving the airport. CAA has already started expanding the security search park and is expected to complete the works in May …
Read More »Apple market value slips below $1 trillion amid selloff
New York, United States | AFP | Apple shares tumbled Friday a day after quarterly results showing strong profits but weaker-than-anticipated iPhone sales and a disappointing outlook for the key holiday period. In midday trade, Apple skidded 7.3 percent to $206.07, slipping below the $1 trillion milestone it topped in …
Read More »Uganda’s potential interests Qatar Investment Authority
Kampala, Uganda | THE INDEPENDENT | Qatar Investment Authority officials are in Uganda to explore investment opportunities in the infrastructure, energy, tourism, mining and food security sectors. “The Qatar Investment Authority has US$1 billion to invest in Africa and we are looking for areas to partner in,” said Sheikh Faisal bin …
Read More »First time in history: How Uganda got a surplus balance of trade with Kenya
Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industry and Cooperatives is celebrating this year’s export figures, as for the first time in history, Uganda had a favorable balance of trade with Kenya. Bank of Uganda (BoU) figures indicate that in the Financial Year 2017/18, Uganda had a trade surplus of …
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