Performance is attributed to increase in electricity demand, cost reduction Kampala, Uganda | JULIUS BUSINGE | Shareholders of power distributor, Umeme Limited will not go home with nothing in their Annual General Meeting slated later in the year as the company recorded a slight increase in net profit from Shs132bn …
Read More »Equity bank, FSDU to boost refugee’s livelihoods
Looming project will promote financial inclusion and economic prosperity Kampala, Uganda | JULIUS BUSINGE | Financial institutions are carrying out a study to inform potential investors about the viability of doing business in refugee settlement areas and host communities. Equity Bank, Financial Sector Deepening Africa, Financial Sector Deepening Uganda and …
Read More »UN agency unveils $15m digital project
It is targeting one million people in key economy sectors Kampala, Uganda | JULIUS BUSINGE | Small and medium businesses in northern Uganda now have a big opportunity to exploit from a Shs57bn new project that aims to use information technology tools to offer services for the next five years. …
Read More »MTN Uganda records 12.5% growth in revenue
The telco is said to have agreed to pay $100-million for the renewal of its operating licence Kampala, Uganda | ISAAC KHISA | A double digit growth in data and mobile money services helped MTN Uganda to record a 12.5% growth in revenue to Shs1.4trillion last year compared with 2018. …
Read More »Mega African infrastructure projects often hurt local people
There is evidence that the infrastructure that global financiers want to fund is not the kind that majority of the population need | TOM GOODFELLOW | Big infrastructure projects are always controversial. Yet in parts of the world associated with severely deficient infrastructure, the positive value of major infrastructure investments …
Read More »Sister Nyirumbe nominated for Global Teacher Award
Global Prize shines spotlight on important role teachers play in society Kampala, Uganda | RONALD MUSOKE | Sister Rosemary Nyirumbe, a skills education teacher from St. Monica Girls Training Centre in Gulu, northern Uganda, has been shortlisted among the 50 teachers who will compete for this year’s Varkey Foundation Global …
Read More »Fossil fuel and climate change
As pressure builds to phase out fossil fuels in Africa, African Business Magazine’s NJ Ayuk argues that we must not rob our continent of the benefits it can realise from oil and gas. Africans | THE INDEPENDENT | Pressure is building to phase out fossil fuels in Africa to fight …
Read More »Fighting the corona virus
What we should know about our public medical facilities and their professionals as we face a pandemic THE LAST WORD | Andrew M Mwenda | The corona virus is finally with us. For a large and loud section of Ugandan elites, our country should have the facilities like Intensive Care …
Read More »Coronavirus bailout
COVER STORY | THE INDEPENDENT TEAM | As the coronavirus pandemic ravages the globe, countries are scrambling to protect citizens financially, cushion businesses and companies, and ensure their economies do not fail from the fallout. This is because the coronavirus pandemic is not only straining the world’s health sector, businesses …
Read More »Things to consider while buying a car
When buying a car you need to test drive it. Do not just look at the interior and exterior then select the car you want | THE INDEPENDENT | Tired of taking the bus, walking to various venues and it is now time to buy a car. Before you buy a …
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