Tag Archives: Business

By Independent Reporter  US president Barack Obama has said that his country is ready to continue partnering with African countries, one of the fastest growing continents in the world to enhance job creation, create growth among other opportunities. In his speech at the ongoing US-Africa Business Summit, the popular US …

By Julius Businge The Government of Uganda through the National Information Technology Authority Uganda (NITA-U) is committed to uplifting the standards of the Business Process Outsourcing (BPO) industry to benefit the country in terms of job creation and economic growth. Speaking at the BPO standards dissemination workshop in Kampala on …

By Angella Abushede and Muthoni Karubiu The Preferential Trade Area Bank (PTA), also known as the Eastern & Southern African Trade & Development Bank, held a Bank Business Seminar at Sheraton Hotel in Kampala on the 27th of June. The event was organized in conjunction with the Uganda National Chamber …

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 …