Business

  Report shows how govt lost Shs 452 billion in Umeme deal – Who is to blame? By Andrew M. Mwenda | When General Salim Saleh presented the report of his investigations into the high cost of electricity in Uganda to Energy Minister Hillary Onek on October 5, the focus was …

By Patrick Kagenda Will they lower the cost of phone calls? Starting November 1, Ugandans are to be charged uniform cross-network connection or call termination fees by all telephone networks, according to the Uganda Communications Commission. It is, however, unclear whether the stated objectives of the uniform tariff will be …

By Alonzo Fulgham Africa’s improvements have created thriving markets. US firms should enter this last great investment frontier. Normally, by the time an investment tip makes its way into a newspaper, conventional wisdom says the money is already off the table. Not so in the case of sub-Saharan Africa. American …

By Independent Reporter MTN has demonstrated that innovative solutions can drive economic development even in the most under serviced areas. The company has pioneered many innovations in cellular and technological industries. Africa is the world’s fastest-growing mobile phone market with more than 40% of Africa’s population having access to a …

By Joseph Were Uganda, according to a United Nations report launched in Kampala last week, has grown the highest foreign direct investments in the East African region between 2006 and 2008. According to the World Investment Report (WIR) 2009 compiled by the United Nations Conference on Trade and Developed (UNCTD), …

By Patrick Kagenda On the Aug 12 Robert Zoellick the President of the World Bank visited three great lakes countries, DRC, Rwanda and Uganda. The Independent’s Patrick Kagenda talked to Kundhavi Kadiresan, the World Bank Country Manager for Uganda, about the visit and the World Bank projects in the country. …

By Patrick Kagenda Turning homes into offices not a solution Bukoto Street was until recently a quiet residential in a narrow backstreet in the Kampala City suburb of Kamwokya. Today, the former colonial-style homes of civil servants and Asian business people have been converted into offices. To walk along the …

By Patrick Kagenda Registration procedures for land, licenses, high taxes, and low electricity supply are major obstacles What is the most crucial factor in setting up, running, and ending a business? Is it the ease of procedures involved, the amount of time required, the flexibility of policies, or the financial …

By Kabona Esiara Rwanda ranked best business destination, Best world reformer The Doing Business 2010 report by the World Bank Group has ranked Rwanda the top reformer in the world for passing seven reforms encouraging domestic and foreign investments. The reforms create a better legal framework, streamline procedures, reduce bureaucracy, …

By Patrick Kagenda Uganda Wildlife Authority offers a rare opportunity to millions They are rare, shy and their DNA is 99% similar to yours. But they are also huge, weighing up to 200 kgs sometimes. So you can imagine that even their most passionate lover would have trouble hugging one …