Business

Sadolin partners with local investors in expansion plan Kampala, Uganda | STEPHEN MUNEZA | Sadolin opened two more color centers in Ntinda suburb and the industrial area in a bid to expand market reach and consolidate its position in the Ugandan market. The color centers are setup through franchise agreements …

Kampala, Uganda | THE INDEPENDENT | A year-on-year 94% Quarter-4 growth boosted Jumia financial figures for 2017 as the marketplace’s platforms significantly scaled the number of orders. According to a statement on their 2017 annual results, Jumia stated that the rise was as a result of effort to increasingly address daily …

Kampala, Uganda | JULIUS BUSINGE | Players in the capital markets and other businesses are set to share knowledge at the first ‘Mkutano Investment Conference’ to be held on May 15 at Kampala Serena Hotel. David Ofungi, the founder and chief executive officer of DERO, the curators of the ‘Economic Mkutano …

Kampala, Uganda | JULIUS BUSINGE  | The Uganda Insurance Association (UIA) is sensitising importers of goods about marine insurance in a bid to complement efforts by the regulator –Insurance Regulatory Authority – in creating awareness and appreciation of the local purchase of this policy. This move is targeting different groups including; …

Nile Breweries Limited spending US$22million to match sales growth         Kampala, Uganda | ISAAC KHISA | A few months ago, a highly respected and accomplished director for Nile Breweries Limited, a subsidiary of the Belgium based Anheuser-Busch InBev NV, popularly known as AB InBev, resigned. His name could be familiar to you …

The government expect to double electricity production to 2000 in the next two years Kampala, Uganda | THE INDEPENDENT | Uganda government is in the last stages of approving a free electricity connection fee policy for some parts of the country to increase domestic consumption, according to Irene Muloni, the Minister …

Khartoum, Sudan | AFP | Saudi Arabia will supply Sudan with millions of tonnes of oil for the next five years to help it tackle a growing energy crisis, the African country’s oil minister said Monday. Sudan has been hit with an acute fuel crisis for weeks now, sending black …

Kampala, Uganda | JULIUS BUSINGE | Julian Byamugisha is the Head of Taxify Uganda, which also operates in 23 other countries globally. She spoke to The Independent’s Julius Businge about company operations What has business been like for the last six months you have been in operation? We have moved people …

Advised to partner with global firms in U.S., Europe Kampala, Uganda | STEPHEN NUWAGIRA | Coffee farmers always complain of low farm-gate prices, saying they earn little compared to the efforts and resources invested in the crop. As a result, some farmers have abandoned the crop in favour of other cash and …

Kampala, Uganda | JULIUS BUSINGE | Uganda needs to team up with other countries under the East Africa Community, the Great Lakes Region and other African regions in the oil development process ahead of oil production slated for 2020 if it is to benefit from the resource, according to the United …