Business

By Patrick Kagenda Building of an inland dry port for Uganda, already bogged down by court battles over the tendering process and location, now faces challenges over allegations that it could create an inefficient monopoly and favour Kenya. M/s Tumusime, Kabege & Co. Advocates acting on behalf of Uganda Inland …

By Patrick Kagenda It is good news for holiday makers and businessmen. A Tanzanian owned passenger vessel is plying the Port Bell ” Mwanza route weekly. Uganda last had a passenger vessel to Mwanza three years ago. That is because Ugandan owned ships MV Pamba and MV Kaawa have been …

By The Independent Reporter FRANCE French President Nicolas Sarkozy, holder of the European Union’s rotating presidency, and British Prime Minister Gordon Brown are pushing for reforms to the world’s financial architecture and leading on European measures to stabilize banks and restore confidence to markets. But France’s foreign minister, Bernard Kouchner, …

By Patrick Kagenda At the dot of its tenth anniversary, Uganda Securities Exchange listed its tenth company. KCB was cross listed at 11:00a.m on Nov 11 amid excitement from stock brokers and equity managers. “The cross listing means Ugandans can now have access to the KCB counter and it adds …

By Patrick Kagenda Economic decisions driven by right motives can flounder if implemented at the wrong time. That is what some pundits fear could befall Uganda’s first Credit Reference Bureau (CRB) that comes into operation on December 3 with the hope of lowering lending costs and risk and pushing interest …

By Patrick Kagenda Lack of access roads, water and sewerage and electricity networks lead to a doubling of the cost of building and owning of a home or real estate development as it’s popularly known in Uganda. Housing experts say if government could put in place infrastructure, turn key houses …

By Juma A. Okuku After attaining independence in 1962, Uganda embarked on a process of industrialisation that would be disrupted by political turmoil in the intervening years. In the last 20 years though, President Museveni has talked about the need for Uganda to industrialise so as to be able to …

By Independent Reporter Tanzania overtakes Uganda African producers are muscling onto the global organic market, snatching four of the ten top producer slots, according to the Organic Cotton Farm and Fiber Report 2008 released by the international monitoring body, Organic Exchange (OE) Uganda retained the seventh position among the top …

By Independent Reporter Thanks to the heightened demand from small-to-large sized retailers around the world, the organic cotton cultivation has zoomed 152 percent in 2007-08, according to a recent report by Texas-based Organic Exchange (OE) The report titled Organic Cotton Farm and Fiber Report 2008 said that organic cotton production …

By Patrick Kagenda Air Uganda, a privately owned airline that flies the national flag, plans to introduce transcontinental flights, according to Mr Peter de Waal, the company Chief Executive Officer. He unveiled the two-year plan to journalists while speaking on the airlines first anniversary of operations in Uganda. Air Uganda …