Janat Museveni : Support skills training to empower youth Entebbe, Uganda | THE INDEPENDENT | First Lady and the Minister of Education and Sports Janet Kataha Museveni has urged investors in the education sector from Malaysia’s Limkokwing University of Creative Technology led by the Vice President Dato Gail Phung to …
Read More »Mutebile survives coup at central bank
Fly on the wall at lunch between Mutebile and Kasekende Heated top executive meeting Kampala, Uganda | HAGGAI MATSIKO | It is 1:30 PM April 04. Governor Emanuel Tumusiime Mutebile, wearing a charcoal grey suit, white shirt and blue-checkered tie, is having lunch together with other bank executives in the Governors’ …
Read More »New ICT policy targets telecom companies
Kampala, Uganda | JULIUS BUSINGE | The cost of internet and related services could soon drop further if the proposed sector broadband policy is implemented, according to the Minister of Information Technology and Communications, Frank Tumwebaze. Tumwebaze, who spoke on the sidelines of the 19th ordinary session of the African Telecommunication …
Read More »Barclays planned change of name to ABSA in Kenya challenged
Kampala, Uganda | THE INDEPENDENT | Barclays Bank of Kenya’s planned change of trade name to ABSA has run into strong headwinds after a local company went to court to stop the shift on grounds that it reserved and has been using the name for more than a decade, according to …
Read More »Finally, RwandAir gets a new CEO
Kampala, Uganda | THE INDEPENDENT | It is exactly a year since the Rwandan government fired John Mirenge as the chief executive officer of national carrier, RwandAir, replacing him with Col Chance Dergano in an acting capacity. The good news now is that the national carrier has a substantial CEO following …
Read More »EA governments urged to use Stock Market to raise capital
Kampala, Uganda | THE INDEPENDENT | The East African governments have been urged to use the Stock Exchanges to raise capital especially through issuance of large Initial Public Offers (IPOs) that can only come from the public sector. Geoffrey Odundo, the CEO for the Nairobi Securities Exchange (NSE), said there is …
Read More »Safaricom-backed Little Ride to take on Uber, Taxify in Kampala starting next month
Kampala, Uganda | THE INDEPENDENT | Safaricom- backed online taxi-hailing app Little Ride is set to unveils its services in Uganda mid next month, marking its first expansion outside Kenya. Little, developed by technology firm Craft Silicon, says it is in the advanced stages to rollout the tax-hailing app in Kampala. …
Read More »Airtel fulfills pledge to Karamoja girls
Kampala, Uganda | THE INDEPENDENT | In line with what it had promised earlier, Airtel Uganda handed over 100 goats to 50 girls in Moroto district in a bid to join in the fundraising campaign #GOATSFORGIRLS that aims at keeping young girls in the Karamoja region in school. The company said …
Read More »Fuel price hikes not a domestic problem -UNOC
Kampala, Uganda | THE INDEPENDENT | The rise in fuel pump prices across the country is more of an international than a local problem, according to an official from Uganda National Oil Company. The official, speaking on condition of anonymity, cited higher global crude prices for the hike in prices though …
Read More »Gov’t to support cement wholesalers start own factory
Kampala, Uganda | GODFREY SSALI | Government has given a green light to cement wholesalers to start their own factory to supplement production, amidst the high cement prices that are said to be caused by the scarcity of cement in the country. Speaking to the cement wholesalers in Kampala, the Minister …
Read More »