London, UK | THE INDEPENDENT | The Academic Union Oxford Council in the UK has awarded National Water and Sewerage Corporation MD Dr. Eng Silver Mugisha the title of the Honorary Professor of the Academic Union Oxford in the field of business and management. The honorary title is …
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Kampala, Uganda | JULIUS BUSINGE | As Uganda makes steps towards getting first oil in 2020, insurance companies are working on mechanisms of partnering to share risks and benefits that will manifest. Speaking to journalists on the sidelines of a press conference on the upcoming oil and gas convention to be …
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Kampala, Uganda | THE INDEPENDENT | The World Bank projects Sub-Saharan Africa to garner an economic growth of 3.1 percent in 2018, and increase of over one percent from 2017. Recent data in the Africa Economic Update released Wednesday afternoon point to a moderate strengthening of economic growth in early 2018. …
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Kampala, Uganda | JULIUS BUSINGE | Oil sector leaders are warming up to deliver new developments regarding oil and gas sector for Uganda next week. This will be at the 4th annual Oil and Gas Convention scheduled for April 25-26 at Kampala Serena Hotel, where hundreds of …
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Johannesburg, South Africa | AFP | South Africa on Tuesday announced it has banned KPMG from auditing its government institutions following a series of scandals involving the international auditor in the country. The decision to terminate KPMG’s contracts is with “immediate effect”, auditor-general Kimi Makwetu’s office said in a statement. …
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Centenary becomes third bank to unveil micro-loans to customers via mobile phones Kampala, Uganda | ISAAC KHISA | Despite talk that micro-loans may not create a big impact on the economy, the scramble for a share of the small loans business by Uganda’s banking industry continues to gain momentum. Centenary Bank …
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Governor projects 6.5% economic growth in three years but private sector concerns remain Kampala, Uganda | JULIUS BUSINGE | On April 09, the Bank of Uganda Governor, Emmanuel Tumusiime-Mutebile, arrivedat the Bank’s conference room on the 7th Floor to announce the Monetary Policy Statement for Aprilpast the usual time, 12:00pm. The …
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Seattle, US | THE INDEPENEDENT | More than twenty Ugandan Coffee Roasters will join coffee professionals from around the world for the Specialty Coffee Association’s annual Specialty Coffee Expo this week. The five-day expo opening this Thursday in Seattle, Washington, will be used to tap into the unexploited American coffee …
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How declining global labour costs and increasing robotics are conspiring against manufacturing there COMMENT | OTAVIANO CANUTO | In emerging markets, manufacturing has historically been a source of productivity, growth, and jobs. Since the 1950s, industrialisation has kept economies in Latin America, Asia, and Eastern Europe on a steady glide toward …
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Kampala, Uganda | THE INDEPENDENT | The Albertine Graben Refinery Consortium (AGRC) posted a commitment bond of USD 2 million (over 7.4 billion Shillings) before it signed the Project Framework Agreement with the government for the oil refinery. Emerging information from the Directorate of Petroleum at the Ministry of Energy indicates …
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