Kampala, Uganda | PPU | President Yoweri Kaguta Museveni has this morning launched the Kkubiri Furniture Makers Development initiative,workshop. The furniture makers group has been supported by the President through his office, equipping their workshop with modern furniture making equipment. The KKubiri Furniture Makers Development Initiative has a membership of over 1000 people organised …
Read More »
Book Review: David Sseppuyya on ‘Why no prosperity in Africa?’ Title: Africa’s Industrialization & Prosperity: From Esau Syndrome to Structural Adjustment Author: David Ssepuuya Publisher: Mwesigwa Foundation Available: Leading Bookstores Why is Africa, which is always said to be so endowed with natural resources, so poor? In a new book …
Read More »
Entebbe, Uganda | JULIUS BUSINGE | Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …
Read More »
But there’s fear the new beverage may cannibalize some of its sister products Kampala, Uganda | ISAAC KHISA | Vimto, a global beverage brand, has made a comeback to the Ugandan market after the British manufacturer; Nichols offered licensing terms to Century Bottling Company Limited, a franchise bottler and distributor of Coca …
Read More »
URA Sh500bn short of target but collects 12.7 trilltion- 13% growth in revenue for FY2016/17 Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has today officially released its revenue performance for FY2016/17 indicating a 13.2% growth in revenue collection compared to the year before. According to the revenue performance report, Shs 12.7 trillion …
Read More »
Anwar Soussa is the managing director for Airtel Uganda. He spoke to The Independent’s Julius Businge about Airtel business and Uganda’s telecom sector. You have been here for a year now as the Airtel MD. What is your general assessment of the telecommunication business in Uganda? Telecommunication business in Uganda …
Read More »
How BoU is overseeing the biggest asset grab ever Kampala, Uganda | HAGGAI MATSIKO | On July 3, Crane Bank which is under receivership by Bank of Uganda (BoU) sued its former owner, Sudhir Ruparelia, and a company called Meera Investments Ltd also owned by Sudhir in what might turn …
Read More »
San Francisco, United States | AFP | Microsoft on Thursday reported that its quarterly earnings was lifted on the back of its shift to focusing on computing services hosted in the internet cloud. The US technology giant said it made a profit of $6.5 billion in the recently ended quarter …
Read More »
Government sets terms for Nakumatt to pay suppliers Kampala, Uganda | JULIUS BUSINGE |Government of Uganda through the Ministry of Trade has given Nakumatt Holdings, a regional retail chain up to end of this month to have secured an investor to clear arrears for suppliers and landlords . In an …
Read More »
Kampala, Uganda | GODFREY SSALI | MasterCard and Centenary Bank have unveiled a personalized debit card in Uganda dubbed the Masterpass QR. The unique MasterCard card can be customized with elements such as images, colors and more. The launch of the product in partnership with UBA is in harmony with MasterCard’s vision to advance …
Read More »
The Independent Uganda: You get the Truth we Pay the Price