Business

VIDEO: Investors who were promised prime land have accused government of not walking the talk and instead giving them swampy areas where they have had to invest a lot of money to develop This was during the visit to the industrial by the Uganda vice president Edward Kiwanuka Ssekandi.   Share …

NBL in $12m biogas effort: Project saving brewer Shs 616m in electricity bills annually Three years ago, beer brewer, Nile Breweries Ltd set out to adopt renewable energy options in its operations in a bid to reduce on the greenhouse gas emissions and improve energy security. To achieve that, the …

The British government and lottery fund has spent hundreds of millions of pounds on sporting success in the past two decades. And it has paid off. London, United Kingdom | AFP | Twenty years after a stinging Olympic failure, Britain has risen from the ashes to become a sporting “superpower” …

VIDEO: The Indian community is Uganda has decried government’s reluctance to recognise them with special representation at various leadership levels in the country. They reason that being the backbone of Uganda’s economy, it is prudent that government offers them a stake in decision making, especially at the parliament level. Share …

VIDEO: A section of tycoons mentioned among the bailout beneficiaries have admitted having financed part of the campaign activities of the ruling National Resistance Movement in the February general elections. The tycoons led by the Chairman Uganda Manufactures Association, Amos Nzeeyi however say their decision to support the ruling party …

INTERVIEW: Parity Twinomujuni is the chief executive officer of the National Housing and Construction Company (NHCC). He spoke to Isaac Khisa about their operations and other pertinent issues in the real estate industry. What is your leadership style as a chief executive officer? My motivation is to work with others …

Local content fight: Manufacturers, Chinese face off over local materials as government sets up committee to salvage local manufacturing sector On August 02, Matia Kasaija, the minister for finance, planning and economic development, chaired a high profile meeting at the ministry headquarters in Kampala. It comprised a delegation of officials from the …

Uganda is one of the top performers in financial inclusion, according to the US-based Brookings Finance and Digital Inclusion Project (FDIP). Uganda was ranked 5th among the 26 countries surveyed with the success being attributed to a strong level of mobile money adoption and the amendment of the Financial Institutions …

In six months since December 2015, MTN Uganda added one million subscribers, growing from 8.9 million to 9.9 million by June 30. Also, the half year financial results show that in the same period, revenue at Group level increased by 14% to R78, 878 million. But capital investment in Uganda …

Singapore, Singapore | AFP |  Oil prices fell for a third day in Asia trade Thursday after figures showing high US crude stockpiles and increased Saudi production. Official US data on Wednesday showed a jump in crude inventories, taking by surprise investors who expected a drawdown in supply, pushing prices …