Tag Archives: Business

By Julius Businge The government of Uganda recently directed the Chinese embassy not to give out travel permits to Ugandan women under the age of 35 intending to travel to China for business. The directive came at a time amid reports that some women end up into prostitution instead of …

By Aloysious Kasoma President Yoweri Museveni has invited the Chinese people to invest in the different opportunities available in Uganda. The president said this during an opening ceremony at the ground breaking of the new Entebbe highway which officially started at Kyengera – Kabojja yesterday. “I would like to take …

By Andrew M. Mwenda The best way to improve service delivery in Uganda is to concession most of it to the private sector Since 1995 the government of Uganda has been trying to build a hydro-power dam at Karuma. Attempts to get a private company to do the work ended …

By Andrew M. Mwenda A great business can close in infancy, not because it is loss making but because it cannot get credit to overcome its initial cash flow constraints. Here is the performance of Uganda’s banks in 2010: Out of the 22 registered banks, 14 made profits, two broke …

By Patrick Kagenda Stephen Mwanje is the Managing Director of BM Forex Bureau and chairman of the Uganda Forex Bureau and Money Remittence Association (UFBA) The Independent’s Patrick Kagenda spoke to him When do you start your day? I normally wake up at 4.45am. I stay in Mukono and I …

By Patrick Kagenda The first thing I encounter when I enter Kalita Bus Services Park, located next to Nakivibo stadium, is a security check. The officer runs a metal detector across each passenger’s body and luggage, searching for explosive materials. Less than a week after the Kyadondo and Ethiopian Village …

By Patrick Kagenda & Joshua Masinde The year 2009 began with projections of declining economic growth especially in Sub- Saharan Africa as a result of the global financial meltdown. Growth was projected to decline from 7 percent in 2007 to 6 percent in the financial year 2008/09. The economy has …

By Patrick Kagenda Registration procedures for land, licenses, high taxes, and low electricity supply are major obstacles What is the most crucial factor in setting up, running, and ending a business? Is it the ease of procedures involved, the amount of time required, the flexibility of policies, or the financial …

By Kabona Esiara Rwanda ranked best business destination, Best world reformer The Doing Business 2010 report by the World Bank Group has ranked Rwanda the top reformer in the world for passing seven reforms encouraging domestic and foreign investments. The reforms create a better legal framework, streamline procedures, reduce bureaucracy, …

By Patrick Kagenda What is your day like? I wake up at 5 a.m. and pray. I don’t normally have breakfast but I take hot water. I wake up my children for school and 6:30 a.m. is the latest we leave the house. After I have dropped the children to …