Business

   Gulu, Uganda | THE INDEPENDENT | Thousands of Gulu residents on Saturday attended an Umeme all-day free health camp, at which several were treated and others benefited from check-ups and advise on how to overcome ailments they had. Umeme Limited on reached out to thousands of residents residing in …

Kampala, Uganda | THE INDEPENDENT | MTN has once again been named among the top 300 valuable telecom brands in the world, according to the research conducted by Brand Finance. The South African based firm was ranked 45th. With 25 subsidiaries most of which are in Africa, the company moved …

Kampala, Uganda | THE INDEPENDENT | South Africa’s retail chain, Shoprite Holdings, plans to take advantage of disarray in Kenya’s grocery sector to open its first stores in the major East African market this year. Two of Kenya’s three top retailers – Uchumi Supermarkets and former regional giant, Nakumatt – …

But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …

Kampala, Uganda | THE INDEPENDENT | Middle East carrier, Qatar Airways, is slashing prices by up to a quarter to customers, increasing competition in the aviation industry. The airline announced that it will offer passengers discounts of up to 25 % on all cabin classes. Passengers travelling with friends and …

Kampala, Uganda | THE INDEPENDENT | In an effort to boost the socio-economic development in North West Uganda, Airtel on March 02 held a health camp at St. Kizito Primary School in Ombaci in Arua District. The exercise involved provision of free healthcare services including  dental care, eye checkups, blood …

San Francisco, United States | AFP | Jeff Bezos is officially the richest person on the planet thanks to the success of Amazon — but his bold vision extends to space and even time itself. With Amazon’s share price up nearly 60 percent during the past year, the personal wealth …

Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank’s Purchase Managers Index (PMI) posted 51.1% growth in February down from 52% in the previous year, signaling a moderate improvement in business conditions in the private sector. Commenting on February’s survey finding, Jibran Qureshi, Regional Economist East Africa at Stanbic said, “business conditions …

Kampala, Uganda | GODFREY SSALI | President Yoweri Museveni has cautioned members of Savings and Credit Cooperative Societies (SACCOs) on the habit of non repayment of loans saying it is the reason why many SACCOs and credit institutions have collapsed. This was contained in his speech read by the State …

Kampala, Uganda | JULIUS BUSINGE | A total of 308 Certified Public Accountants of Uganda (CPA-U), 33 Accounting Technicians (AT-U) and an additional of 13 students completed the Certified Tax Advisor (CTA) course during the June and November 2017 examinations sittings organized by the Institute of Certified Public Accountants of Uganda …