Vincent Kiyingi is the manager at the Business Partners Internation (BPI) –Uganda. He spoke to the Independent’s Isaac Khisa about financing SMEs in the country. What is your leadership style as a manager? My leadership style is not definite but I use different styles depending on the time and type …
Read More »Nakumatt wins accolade
Regional retailer stable in Kigali despite group turbulence Kigali, Rwanda | THE INDEPENDENT | When the Rwanda Revenue Authority (RRA) recently announced Nakumatt Rwanda as the winner of its Best Taxpayer Award of 2016, watchers in other markets where the regional retailer has a footprint took notice. Many of them, …
Read More »Ireland approves massive Apple data centre
Dublin, Ireland | AFP | Ireland on Thursday gave the green light for tech giant Apple to build an 850-million-euro ($1.0-billion) data centre following a battle with conservationists who were seeking to preserve a forest. High Court judge Paul McDermott dismissed the appeals brought by three campaigners, who were concerned about …
Read More »Ordinary Kenyans feel pinch of political uncertainty
Nairobi, Kenya | AFP | “Time for an interview? I have a lot of time at the moment,” said Owino Onyango, sweating as he stepped out of his blacksmith’s shop in Nairobi to talk business, and politics. “Business goes with politics: if politics go down, business also goes down”, said the …
Read More »Uganda: State prosecutors resume strike over low pay, Business paralyzed
Kampala, Uganda | GODFREY SSALI | Business was Tuesday paralyzed in Courts across the country as all state prosecutors under the Directorate of Public Prosecutions (DPP) resumed their strike over low pay and poor working conditions. Three months ago, Government asked prosecutors to call off their strike committing to meet some …
Read More »Rugasira on new Uganda Development Corporation board
Kampala, Uganda | GODFREY SSALI | The Uganda Development Corporation (UDC), the investment arm of government mandated to promote and facilitate industrial and economic development of the country, has finally got a first Board of Directors since its revival in 2008. The new board which will be chaired by Hamu Mugenyi, …
Read More »Ministers say it pays to pay tax as URA Taxpayers’ Week kicks off
Kampala, Uganda | JULIUS BUSINGE | Two government ministers, Matia Kasaija – Finance and Mary Karooro Okurut – General Duties, have called on taxpayers to willfully meet their tax obligations to enable government offer services without hurdles. The ministers were speaking at the opening of the three day Taxpayers Appreciation Week …
Read More »World’s biggest uncut diamond sells for $53m
London, United Kingdom | AFP |British jeweller Graff said Tuesday it has purchased the world’s largest uncut diamond — roughly the size of a tennis ball — for $53 million (44.5 million euros). Canadian miner Lucara Diamond sold to Graff the 1,109-carat gem, the Lesedi La Rona, which was found …
Read More »Manchester United post record profits
London, United Kingdom | AFP | Manchester United announced record revenues and operating profits on Thursday despite missing out on the riches of the Champions League last season. The Old Trafford club earned revenues of £581.2 million ($783 million, 659 million euros) in the 12 months to the end of June …
Read More »UK investors irked by bureaucracy in Uganda
Kampala, Uganda | GODFREY SSALI | Investors from the United Kingdom face frustration due to bureaucracy and corruption as they seek to start up business in Uganda. This was revealed by Lord Dolar Popat from the House of Lords while hosting the Speaker of Parliament Rebecca Kadaga to a dinner in …
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