But what are the real opportunities and the rituals? Kampala, Uganda | JULIUS BUSINGE | If holding hands, beaming smiles, and signing piles of Memoranda of Understanding (MoUs) is a measure, then Tanzanian President John Pombe Magufuli’s visit to Uganda from Nov.9 – 11 was a total success. The brotherly romance …
Read More »PROFILE: Maxima Nsimenta the natural, organic entrepreneur
Kampala, Uganda | AGNES. E. NANTABA | What could get a young electrical engineer in the top rungs of an international oil and gas corporation to quit and instead venture into her private start-up with an unclear future? For Maxima Nsimenta, founder and CEO of Livara Natural and Organic Cosmetics, it was …
Read More »Uganda backslides in Doing Business ranking
Hike in trade licence fees and tedious property transfer blamed Kampala, Uganda | ISAAC KHISA | Uganda has slid back in the World Bank’s Ease of Doing Business ranking dropping seven places to 122 out of 190 economies. It is the sixth time in seven years that the East African nation …
Read More »SMEs are Uganda’s engine for growth
Deloitte, an international Audit firm operating in Uganda is working on a plan with the Ministry of Trade Industry and Cooperatives to aid small and medium enterprises (SMEs) grow their enterprises and boost economic growth. Its Managing Partner in Uganda, Norbert Kagoro, spoke to The Independent’s Julius Businge about their …
Read More »Kagame’s address at Dubai global business forum
Kampala, Uganda | THE INDEPENDENT | President Paul of Rwanda has told business and political leaders and entrepreneurs that African can make great progress in getting rid of all barriers to free trade within on the continent in the next five years to 10 years. The President was on Nov.01 addressing …
Read More »Internet costs drop by 73% in 3 years
Why cost per Mbps has dropped by 73% in last three years Kampala, Uganda | JULIUS BUSINGE | The cost of internet in Uganda has dropped by 73% to US$70 per Mbps over the past three years, signaling a reduction in the cost of doing business. In an exclusive interview with …
Read More »THIS WEEK: China offers $30million to support Uganda customs modernization
THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …
Read More »Uber loses employment rights case in Britain
London, United Kingdom | AFP | US ride-hailing company Uber on Friday lost its appeal against a landmark court ruling in Britain that would give drivers the right to paid holidays and the national minimum wage. The London employment tribunal upheld an October 2016 judgment in a case that is …
Read More »VIDEO: Museveni & Magufuli commit to removal of trade barriers
VIDEO: Museveni & Magufuli commit to removal of trade barriers Kampala, Uganda | NTV UGANDA | President Yoweri Museveni and his Tanzania counterpart John Pombe Magufuli committed themselves to eliminating all the trade barriers that hinder cross border trade among the two countries. The two leaders gave their assurances as they …
Read More »Adidas leaps to higher profits on strong own-brand sales
Frankfurt am Main, Germany | AFP | German sports gear group Adidas on Thursday reported a jump in third-quarter profits, lifted by strong demand for its own-brand trainers and apparel in China and North America. The Bavarian company, which sponsors English Premier League giants Manchester United, said net profit soared to …
Read More »