Kampala, Uganda | JULIUS BUSINGE | Audit firm Deloitte says Uganda’s economy could expand further once cheap financing to small and medium enterprises is offered. “With sufficient financing and access to business advisory services to foster continual improvement of operational efficiency and productivity, SMEs can become more competitive and resilient, …
Read More »INTERVIEW: Bidco’s $70million investment on Buvuma Island near
INTERVIEW: Kodey Rao is the managing director of Bidco Uganda Limited, the producer of edible oil. He spoke to The Independent’s Isaac Khisa about the country’s edible oil industry and the future outlook. What is the assessment of edible oil consumption in the country at the moment? Edible oil …
Read More »UBL launches one week safety campaign
Kampala, Uganda | JULIUS BUSINGE | Uganda Breweries Limited (UBL) has launched a one week safety campaign aimed at creating awareness and promoting safety at the workplace. The campaign is part of a celebration to mark five and ten years of “No Lost Time Accident” at Uganda Breweries Limited and its …
Read More »Rwanda dials up investment opportunities by playing to its strengths
My first impressions of Kigali, Rwanda’s capital, largely agreed with the ‘Singapore of Africa’ analogies I’ve heard and read about. Things are efficient, orderly and extremely clean. Rwanda | Jaco Maritz | The difference between Rwanda and some other East African countries can be likened to removing yellow-tinted sunglasses after …
Read More »How Nigeria’s Oranto Petroleum scooped PSAs in Uganda
This is the second company to be issued with the licence under the competitive licensing round for oil and gas Kampala, Uganda | RONALD MUSOKE | Nigerian firm, Oranto Petroleum Ltd, has scooped two production sharing agreements (PSA) and two petroleum exploration, development and production licences over the Ngassa block …
Read More »Charcoal users feel price heat
CHARCOAL: Scarcity and 30% price hike cause burning problem for experts Kampala, Uganda | RONALD MUSOKE | Steven Byamukama has been vending charcoal for 20 years. His stall in Kisenyi, a low income section of Kampala city, is one of many on a charcoal dust covered and darkened patch almost …
Read More »THIS WEEK: Stanbic’s new PMI show decline in business activity
THIS WEEK: Stanbic’s new PMI show decline in business activity Kampala, Uganda | THE INDEPENDENT | Stanbic Bank’s latest Purchase Managers Index PMI for September indicates a slight decline in the headline index from 54.1% in August to 53.8% in September, signaling decline in economic activities. Jibran Qureshi, the …
Read More »THIS WEEK: NSSF’s “Friends with Benefits” campaign is back
THIS WEEK: NSSF’s “Friends with Benefits” campaign is back Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has unveiled the second edition of the “Friends with Benefits” campaign, an initiative aimed at promoting a savings and investments culture amongst Ugandans. The campaign that runs as a …
Read More »Global economy chiefs told to reform while going is good
Washington, United States | AFP | Finance chiefs from around the world were warned Thursday to get their houses in order while the global economy is strong and to be ready for possible shocks in the future. World Bank President Jim Yong Kim and International Monetary Fund Managing Director Christine …
Read More »Emirates eyes bigger brand in Uganda
Kampala, Uganda | JULIUS BUSINGE | Emirates Airlines is focusing on making its brand in Uganda more vibrant in an effort to woo more travelers to its planes. Speaking to journalists in Kampala on Oct. 12, the Airline’s Country Manager for Uganda, Puneet Kohli said that they recently introduced new products …
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