MTN strikes deal with NSSF, backs formulation of mobile money law Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has added the mobile money platform as an option for Ugandans to make their contributions. “We are making saving easier for Ugandans and more convenient on their phones,” said NSSF …
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How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
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Kampala, Uganda | THE INDEPENDENT | A new youth empowerment programme called Project 500K has started its mission of empowering young Ugandans, aged 18 – 35, as they begin their careers. Project 500K plans to empower youth to change their mindset and build the skills needed to be employable or run a …
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Dubai, United Arab Emirates | AFP | The $680 million Venice development four kilometres (2.5 miles) off Dubai will have capacity of 3,000 visitors. Real estate is a mainstay in Dubai which has the most diversified economy in the oil-rich Gulf, with oil sales bringing in under 10 percent of state …
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Gian Conforzi is the commercial director of Biyinzika Poultry International. He spoke to The Independent’s Agnes E. Nantaba about the growth prospects of the country’s poultry industry. What are the key elements in your management philosophy as a manager? Internally, my team and I try to recruit the right …
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Washington, United States | AFP | Florida insurance companies appear to have avoided what could have been a catastrophic hit after damage estimates from Hurricane Irma on Monday fell sharply due to last-minute shifts in the storm’s trail of destruction. The storm spared cities on Florida’s eastern coast, which analysts …
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Anwar Soussa, who supervised the record performance, quit the telecom company Kampala, Uganda | ISAAC KHISA | Telecom service provider, Airtel Uganda, ended the 2016 financial year with 85.6% growth in net profit to Shs 160.45bn on the back of improved uptake of mobile money, value added services and data. …
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Will 80% supply hole in Uganda’s polythene bag market be crisis or opportunity? Kampala, Uganda | RONALD MUSOKE | Ugandan environmentalists are renewing their fight against the manufacture of polythene materials in the country following the Aug. 28 enforcement of a ban on plastic carrier bags by the Kenyan government. …
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Lack of major growth in sales remains an issue Kampala, Uganda | ISAAC KHISA | Uganda Clays Limited has recorded a 70% growth in net profit to Shs2.17 billion for the six months ending June 30. The stellar performance comes on the back of its majority shareholder, the National Social …
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Nairobi, Kenya | AFP | The Tanzanian government said Sunday it had confiscated diamonds worth nearly $30 million after accusing British company Petra Diamonds of having declared a lower value when trying to export the gems. Speaking on government television channel TBC 1, Finance Minister Philip Mpango said the diamonds extracted …
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