Business

London, United Kingdom | AFP |  Manchester United have been rated as Europe’s most valuable club by a new report into the financial muscle of the continent’s top teams. The report by professional services firm KPMG looked at the finances of 39 clubs based on their popularity on social media …

Nairobi, Kenya | AFP | More than a century after a colonial railway gave birth to modern Kenya, the country is betting on a new Chinese-built route to cement its position as the gateway to East Africa. The $3.2 billion (2.8 billion euro) railway linking Nairobi with the port city …

Kenneth Kamukago is the CEO of Afro Freight Clearing and Forwarding Company based in Kampala. He shared with the Independent’s Agnes E Nantaba about the growth opportunities in the clearing and forwarding industry. What are the key elements in your management philosophy? Management is about defining team work and understanding …

Aviation experts say the Open Skies initiative will increase passenger traffic and increase connectivity in the region Flying from Entebbe to Nairobi is generally considered as a massive undertaking. This is because a passenger has to pay an average of US$400 (Shs1.4million) for a return ticket for a journey that …

What next in IT relocation to Uganda dispute? Rwanda’s telecom industry regulator has fined MTN Rwanda Rwf7 billion (Approx. $8.5 million) for running its IT services outside the country in breach of its licence. The Rwanda Utilities Regulator Authority (RURA) announced the decision on May 17. It said in a …

The taxman plans to increase sentisation to meet targets of the program Last financial year, Uganda Revenue Authority (URA) set an ambitious target to collect Shs420bn from small businesses across the country but preminary performance shows that it is likely  not to be as expected. Data from the URA shows …

In September 2015,Adewale Fayemi, became  the General Manager of Total E&P Uganda with a clear job brief: Prepare and oversee Total’s operations in the Lake Albert basin transition from the exploration and appraisal phase to the development phase, writes  Ronald Musoke Fayemi’s appointment came just nine months after the departure …

Lagos, Nigeria | AFP |  It’s only when the thick smog of humidity and pollution lifts that the size of Lagos becomes clear: from above, the megacity of some 20 million people seems to stretch out to infinity. Not even the Atlantic Ocean appears to be able to stop its …

Why EACOP Hoima-Tanga oil pipeline pact is a landmark for Uganda and Tanzania Kampala, Uganda | UG MIN EMD |  The Governments of Uganda and of Tanzania have today signed the Inter Governmental Agreement (IGA) for the East African Crude Oil Pipeline (EACOP) Project. The IGA was signed by Uganda’s Eng. …

Ugandan ministers have today signed the East African Crude Oil Pipeline Inter-Governmental Agreement (EACOPIGA) after leaders of the two nation’s agreed last week that  all is set for construction to start. “This signing is landmark occasion after several months of negotiations,” said Ministry of Energy Permanent Secretary Stephen Isebalij, adding “the pipeline …