Business

The office space business in the Rwandan capital Kigali is undergoing remarkable innovations as people dash to beat a March 2017 deadline to vacate offices from residential premises. The directive announced in early January gave businesses and Non-Government Organisations operating in residential premises a three months ultimatum to vacate. City …

Evelyn Cindy Magara is the CEO of Nyati Motion Pictures, a film producing company in Uganda. She spoke to the Independent’s Agnes E Nantaba about the future outlook of the country’s film industry. What are the key elements in your management philosophy as a manager? For a manager in a …

  She started her company with only US$300 generated from jewelry business. The early rural life could have easily ended Rusia Orikiriza Bariho’s business dream. She was born and raised in a remote village of Kabale, South Western Uganda, where the only work she could do was to help her …

Analysts predict a rebound in the market activities this year and so is the surge in prices Trading activities on the Uganda Securities Exchange showed a high decrease in market turnover on Jan.06, registering a 97.2% decline to Shs51million compared with the previous day. The All Share Index modestly increased …

The new investor will renovate the facility to tap into growing country’s tourism sector Rwanda’s hospitality industry has received a major boost after Uganda’s Madhvani Group acquired Umubano Hotel, ending a long-running delay that was hurting the credibility of this facility as well as tourism prospects. The 4- star facility …

President Kagame makes pledge during visit to SEZ President Kagame on Jan.07 toured the Special Economic Zone where he visited four factories manufacturing different products within the ‘Made in Rwanda’ framework. While addressing business people with operations within the Special Economic Zone at the conclusion of the tour, President Kagame …

ATC News by Wolfgang H. Thome: Sheraton – Half a centry to look back at while preparing for the future General Manager Jean-Phillippe Bittencourt has described Sheraton Kampala Hotel as “undoubtedly one of Uganda’s proudest hospitality resource and today still stands tall on the slopes of Nakasero Hill proudly marching towards …

Dubai, United Arab Emirates | AFP |  International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world. “From the little we know, and I will insist on the little we …

New Delhi, India | AFP |  India’s Hindustan Motors has sold its Ambassador car to France’s Peugeot for just $12 million, capping a spectacular downfall for a vehicle once emblematic of the country’s political class. The CK Birla group, the owners of Hindustan Motors, have sold the car brand for …

Washington, United States | AFP | President Donald Trump reaffirmed Washington’s ‘One China’ policy on Thursday in his first conversation with Xi Jinping, an apparent effort to ease tensions after angering Beijing by questioning a major plank of Sino-US relations. During a phone call with China’s leader, the US president …