Tag Archives: Business

Gloria Wavamunno is a fashion designer and brain behind Kampala Fashion Week. She spoke to Agnes E Nantaba about her evolved business mind in the fashion industry. As a young girl, Gloria Wavamunno was very shy and that drew her closer to her mother. It partly explains why she also …

President Yoweri Museveni has challenged his new cabinet to look for investments, end corruption and move to total commercialization of agriculture in order to move the country to middle-income status. He will outline his complete plan for this to be achieved when his new cabinet meets for the first time …

Abidjan, Ivory Coast | AFP | Swiss company Nestle will offer on-the-job training for 300,000 African youths to offset high unemployment that poses “severe economic and social challenges” for the continent, the company announced Tuesday. “We’re going to create more than 3,000 internships and apprenticeships in African countries by the …

Johannesburg, South Africa | AFP | South Africa-based Telecoms giant MTN on Monday named a new chief executive after resolving a dispute with Nigeria over a huge fine for failing to disconnect millions of unregistered mobile phone lines. MTN announced that Rob Shuter, a South African who is currently the …

Regional trade facilitation organisation to pump between Shs 2.66 – Shs 2.83 trillion in region On May 31, executives at Trademark East Africa, a not-for- profit organization that supports the East African Community integration process in trade policy reforms and trade-related infrastructure, gathered in Kampala. The meeting was intended to …

Abuja, Nigeria | AFP | Nigeria signalled Wednesday it will ease currency controls, opening the door to a plunge in the value of the naira, after the restrictions were blamed for stifling the economy. Central Bank of Nigeria (CBN) governor Godwin Emefiele said in a televised speech from Abuja that …

Final touches are being made on a deal in which Total will take over all GAPCO operations in the region. The development follows months of intense negotiations between the two for Total Outre Mer SA, the retailing arm of Total, to acquire all the Gulf Africa PetroleumCorporation (Gapco) assets in …

It has almost become a norm that for every State of the Nation address, President Yoweri Museveni has to lament about the fact that Uganda imports far much more than it exports. This year’s address was no different. He lamented how Uganda had become a ‘supermarket’ economy, importing all sorts …

Telecom giant to roll out optic cable countrywide, to build state-of-the-art headquarters in Kampala On March 4, MTN CEO Brian Gouldie told journalists at a press briefing that the company was going to invest Shs 238 billion in its network in Uganda in 2016. On May 26 – exactly three …

Telecom giant to roll out optic cable countrywide, to build state-of-the-art headquarters in Kampala On March 04, MTN CEO Brian Gouldie told journalists at a press briefing that the company was going to invest Shs 238 billion in its network in Uganda in 2016. On May 26 – exactly three …