Business

Investors demand information on business opportunities Kampala, Uganda |Ian Katusiime| Since her appointment in April, Jolly Kaguhangire, the new executive director of Uganda Investment Authority (UIA) has been in discussions with business people and government officials on how to make the country a globally competitive destination for investment. She has …

Tehran, Iran | AFP | French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field on Monday, the oil ministry said, in the biggest foreign deal since sanctions were eased last year. “The international agreement for the development of phase 11 of South …

Kampala, Uganda | THE INDEPENDENT REPORTER| MTN Uganda has announced that its integrated marketing and communication function will be taken over by TBWA Uganda with effect from July 1, 2017. MTN said the decision was made public “following successful completion of a transition process from its former agency Metropolitan Republic. In …

Nairobi, Kenya | AFP |  Kenya has delayed plans to export its first oil in June by three months to better negotiate revenue sharing with the local community, the country’s energy minister said Thursday. The announcement comes after reports in local media of security challenges in the arid northwestern Turkana …

Kampala, Uganda | Julius Businge | The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) has released the June 2017 examinations results showing decline in performance in comparison with the November 2016 results. The examinations covered three courses – Accounting Technicians Diploma (ATD), Certified Tax …

Hong Kong, China | AFP |  President Xi Jinping arrives in Hong Kong on Thursday to mark 20 years since it was handed back to China by Britain, a trip that has already riled democracy activists in the politically divided city. The three-day visit is his first since becoming leader …

Kampala, Uganda| GODFREY SSALI|  Bank of Uganda (BOU) has defended itself in a suit filed against it over misuse of money at the late Ivan Ssemwanga’s burial,  maintaining that it duly executed its duty in this matter and cannot be faulted for failing to take any action. The case came …

Slow insurance growth, but Industry executives expect business to pick up Kampala, Uganda| Isaac Khisa| Uganda insurers recorded a 3.6% growth in premiums in 2016, their slowest growth rate in five years, citing harsh economic environment, slow implementation of infrastructural projects and reduced private sector credit. Full year industry performance …

New York, United States | AFP |  Facebook is starting production on high-quality television series and gaming shows to be broadcast on its platform, one of the social media giant’s executives said on Monday. The online platform, which has around two billion monthly users worldwide, is working on the project …

Dr. Davis Musinguzi is the managing director of the Medical Concierge Group (TMCG). He spoke to The Independent’s Agnes E Nantaba about the effectiveness of digital health in improving accessibility and affordability of health care across the country. What are the key elements in your management philosophy as a manager? …