Business

Nairobi, Kenya | AFP | A lack of foreign currency means petrol pumps are running dry across Burundi, the government has admitted, as the country struggles with a serious two-year-old political crisis. Long queues have been quickly forming in the capital Bujumbura where petrol is only available at some of …

Lokichar, Kenya | AFP |  Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British company Tullow announced the discovery of oil in Kenya in March 2012, when prices …

DURBAN, South Africa| PPU|  For Africa to develop, the political will of the leaders must be accompanied by the right strategy, Uganda’s President Yoweri Museveni has said. Museveni was speaking as the chief panelist on the subject “Agenda 2063: Infrastructure Update” at the World Economic Forum on Africa in Durban, …

  Brian Ahumuza is a known name in Uganda’s men’s fashion world.  In just seven years; starting in 2010, he has styled and groomed celebrities, modeled apparels, a launched an array of high end fashion shops. And he is just 27 years old and was not born anywhere near the …

All dealers in pirated and photocopied books are to face arrest and prosecution in line with the copyright and neighboring rights act as the Uganda Reproduction Rights Organization (URRO) teams up with the police to carry out an operation Under the copyright and neighboring rights act of 2006 and the …

Hakim Lugemwa is the CEO of Uganda Entrepreneurs Business Foundation. He spoke to The Independent’s Agnes E Nantaba about the challenges and opportunities of entrepreneurship in Uganda. What are the key elements in your management style as a CEO? My management style is not driven towards owning the foundation but …

The former Chairperson of the African Union Commission Nkosazana Dlamini-Zuma  has listed four key areas that will stimulate desired economic growth for Africa as embedded in agenda 2063. Agenda 2063 is a strategic framework under the African Union for the socio-economic transformation of the continent over the next 50 years. …

President Yoweri Museveni has called on professional accountants in Africa to join agencies involved in the fight against corruption as a step towards contributing to prosperity for all. “We have generated a lot of money and we need someone to record it well and that is where you the accountants …

Tropical Bank takes lead with more than 8000 customers interested in taking up Islamic banking services The Secretary General of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (ADFIMI), Nuri Birtek says Uganda’s commercial banks and investors need to support small and medium …

   Greg Metcalf has been at the helm of the Nile Breweries Limited, a subsidiary of AB InBev based in Belgium since 2014.  He spoke to The Independent’s Isaac Khisa on the prospects of Uganda’s beer market. What is your assessment of beer market in Uganda?  The market has been …