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), …
Read More »World Bank wants value for money spent in Uganda
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. …
Read More »Office space scarce in city:
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 …
Read More »Ease of doing business: Ugandan manufacturers name required reforms
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 …
Read More »Rwanda means business
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, …
Read More »Hug a gorilla this September
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 …
Read More »More bonds on the USE bourse?
By Patrick Kagenda After the launch of the Stanbic Bank Uganda Shs 30 billion bond on the Uganda Securities Exchange, the fixed income market is awash with speculation about three other listings that have been on the cards for some time. The Shs 40 billion Eastern and Southern African Trade …
Read More »Kazibwe wants you to smell the coffee
By Patrick Kagenda Haji Abasi Kazibwe Musisi processes the Nguvu Coffee brand with an outlet at Natete to the west of Kampala. He tells The Independent’s Patrick Kagenda about the coffee roasting business. What is Nguvu and how did it come about? Nguvu is a brand name of the coffee …
Read More »Tanzania Railways workers on strike
By The Independent Reporters Workers of the Tanzania Railways Ltd (TRL) went on a go-slow in Dar es Salaam and upcountry stations last week to protest delays in payment of their salaries, leaving hundreds of upcountry passengers stranded. The go-slow was apparently aimed at pressing the management to pay their …
Read More »31% drop in profits marks bad year for Uganda Breweries Ltd
By Joseph Were Reeling from a 5% drop in year-on-year net profit amid increasing costs and stiffer competition, East African Breweries Ltd who are the makers of the Bell beer brand among others in Uganda, is mooting a price hike. ‘The possibility to put up prices exists too in Uganda …
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