Tag Archives: Business

Johannesburg, South Africa | AFP | South African telecoms giant MTN said Friday it would pay a $1.7 billion fine to the Nigerian government in a “full and final settlement” over its failure to disconnect unregistered mobile phone users. The Johannesburg-based company said in a statement that “MTN Nigeria has …

Even for people who have lived in Kampala City all their lives, locating certain buildings in the city leave alone on a street can be a nightmare. Unlike other modern cities around the world, Kampala has very limited building identification signage and do are the city streets. Now, this is …

Uganda Bureau of Statistics (UBOS) has revealed an increase in prices of manufactured goods by 5.1% between April 2015 and April 2016. Some of the contributors to the annual increase include processed food by 8.1%, a result of a rise in sugar by 20.7%, processed coffee by 10.3%, vegetables and …

On May 26, Brian Gouldie, the chief executive officer of MTN Uganda appeared sharp in a navy blue suit, light blue shirt and yellow dotted tie as he presided over the announcement of the company’s new syndicated loan at the MTN Towers in Kampala. He couldn’t have been sharper for …

President Yoweri Museveni is in Berlin where he delivered a key-note address at the German-African Business Day Forum. “I am here to show you that Uganda is the right place to go as far as investments are concerned and that, it is the right time to go,” he told the …

What are the key elements in your management philosophy as a manager? My style encompasses teamwork with all stakeholders and that goes right through the external and internal publics. I therefore encourage a participatory approach to have everybody on board and talk about things. We are also a learning organization …

Currently, Africa has about six agribusiness incubators, two of which are in Uganda At just 27, Sam Turyatunga is the proprietor of Tursam Investments Ltd, the producers of Uhuru branded juices. In 2015, he was producing 15,000 litres of juice and had a turnover of $5,000 (Shs 17 million) per …

Pepsi cuts retail prices on plastic bottle by Shs 200 but rivals still reluctant to play ball On May 04, 2016 Crown Beverages, the bottlers of Pepsi Cola products, announced a reduction on their retail price for Mirinda, Mountain Dew, Pepsi Cola, and Evervess Tonic brands. The price reduction of …

Uganda and South Korea have signed a Memorandum of Understating in 10 areas of interest to the two nations. This was after President Yoweri Museveni officially welcomed the President of South Korea Park Geun-hye for her first state visit to Uganda. The ten areas of cooperation are; policy consultation (foreign …

Top bosses warn government on illicit tobacco, which accounts for 20% of market By Patrick Kagenda In recent years, shareholders of British American Tobacco Uganda (BATU) have come to always look forward to the first two weeks of May, the period when the company has traditionally held its annual general …