Business

Entebbe, Uganda | THE INDEPENDENT |  The MV Kalangala which makes voyages between Lutoboka (Kalangala) and Nakiwogo (Entebbe) on May 9 resumed operations after a month docked for mandatory checks. The Ministry of Works and Transport and Nation Oil Distributors Ltd the operators of the only vessel plying the Kalangala-Entebbe …

Kampala, Uganda | THE INDEPENDENT | The new Uganda Revenue Authority (URA) Sh139 billion headquarters that is close to completion at Nakawa will significantly reduce the cost of doing business for taxpayers through provision of a modern one-stop-service-centre. “The overall objective of the project is to provide infrastructure for better …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda recorded a 3.1% rise in subscribers to 10.8million in the first quarter ending March 2018. The increment in subscribers for the first three months ends two consecutive quarters of falling customer numbers. The improved subscriber figures also contributed to an increase in …

The bold move extends competition to established brands – Chicken Inn, Java House and American chains Hardee’s, Burger King Kampala, Uganda | IAN KATUSIIME | The news of Café Javas’ entry into Nairobi, East Africa’s largest capital was greeted with elation by its Ugandan patrons. Social media was inundated with …

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 …