Tag Archives: Business

The long awaited 5th African Airlines Association Stakeholders Convention was launched Saturday night at the Kigali Serena Hotel  and Conference Centre with an informal get together cocktail party, allowing old friends from across the continent’s aviation and related businesses to meet and share updates from their lives and from their …

Jinja project starts as Fund gets set to invest Shs 578 bn in 2016 On April 20, the National Social Security Fund (NSSF) held a groundbreaking ceremony for the construction of an ultra-modern commercial building in Jinja town, an event that officially kick starts the Fund’s ambitious agenda to invest …

COMMENT: By Andrew Rugasira The Chamber can begin my providing reliable empirical data that can better inform government policy and execution U.S. President Harry Truman famously asked to be sent a “one-armed economist” when exasperated by economists constantly proclaiming “on the one hand” and “on the other hand”. Fortunately, such …

President Yoweri Museveni is believed to have spent more than $7 million on his 2016 presidential election campaign. Amama Mbabazi and Besigye spent $951,000 and $279,000 respectively. These individual expenditures came complementary to the Electoral Commission’s own budget which continues to bloat every five years. One thing is certain, if …

The Uganda National Chamber of Commerce (UNCCI), the umbrella body for the business community in the country, is grappling with several issues that have made it unable to fulfill its mandate. Ahead of the next elections, businessman Andrew Rugasira, the proprietor of Good African Coffee, talked to The Independent about …

Slightly over a year ago, Patrick Mweheire was appointed CEO of Stanbic Bank Uganda, to become the first Ugandan to head the bank since Standard Bank, a South African financial services giant, took it over 15 years ago. On April 14, Mweheire, who presided over the presentation of the bank’s …

Madrid, Spain | AFP | Spanish judicial authorities revealed Friday that the “ghost airport” of Ciudad Real, a symbol of the country’s financial excess in the boom years, had been sold off for 56 million euros ($62 million). Spain’s construction and property sectors boomed until the downturn hit seven years …

Reforms spur social security services but still lag behind peers and standards in developed countries, writes Isaac Khisa. Things are changing for the better in the pension sector. Five years ago, the government enacted the Uganda Retirements Benefits Authority Act that created the Uganda Retirement Benefits Regulatory Authority (URBRA). According …

Ugandans’ hopes of a resurgence of trade links rise as civil war comes to an end There is one very busy triangular area in down town Kampala along Ben Kiwanuka Street that got to be known as Arua Park. The triangle is where three streets namely Johnson, William and Ben …

Panama Papers expose efforts plot to dodge taxes in oil deals When 370 journalists from 76 countries collaborate on an investigation, the resulting story is bound to be explosive. That is exactly what happened with what has come to be known as “The Panama Papers”; which is a huge leak …