Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) has approved US$483 million, equivalent to 1.7 trillion Shillings as recoverable costs by five oil companies. The companies are Tullow, Total, China National Offshore Oil Company (CNOOC), Armour Energy and Oranto. According to Ernest Rubondo, the Chief Executive of …
Read More »More French companies coming
Kampala, Uganda | RONALD MUSOKE | Stephanie Rivoal, the French Ambassador to Uganda spoke to The Independent’s Ronald Musoke on the relevance of this year’s Bastille Day theme and the current Uganda-France relations This year marks the 229th anniversary of Bastille Day and you are celebrating it under the theme: “1968: …
Read More »Why companies are not listing on the stock market
In the last three years, seven have applied but none has met the criteria Kampala, Uganda | JULIUS BUSINGE | Listing on a stock market is a big step for any company. From being privately owned, it becomes public. This would imply that the company expands its operations using capital raised …
Read More »ITC boosts Uganda’s tech companies
Kampala, Uganda | THE INDEPENDENT | The International Trade Centre, a joint cooperation agency of United Nations Conference on Trade and Development (UNCTAD) and World Trade Organisation charged with the responsibility of development trade, has unveiled a new project aimed at increasing competitiveness of Uganda’s technology companies. Based in Geneva, …
Read More »Chinese companies monitor workers brains
Kampala, Uganda | THE INDEPENDENT | It sounds like something out of a science fiction, but according to recent news reports, Chinese companies are using special helmets to monitor workers’ brain activity in order to reduce stress and manipulate break times so that they can produce more. Employee brainwave uses sensors …
Read More »Insurance association eyes marine deals for local companies
Kampala, Uganda | JULIUS BUSINGE | The Uganda Insurance Association (UIA) is sensitising importers of goods about marine insurance in a bid to complement efforts by the regulator –Insurance Regulatory Authority – in creating awareness and appreciation of the local purchase of this policy. This move is targeting different groups including; …
Read More »UNRA assures oil companies on roads
Kampala, Uganda | THE INDEPENDENT | The roads to critical oil spots and installations will be in at least motorable state by the First Oil in 2020. This assurance has been given by UNRA’s Director of Design and Projects, Eng Isaac Wani, at the 4th Annual Oil and Gas Convention ongoing …
Read More »New ICT policy targets telecom companies
Kampala, Uganda | JULIUS BUSINGE | The cost of internet and related services could soon drop further if the proposed sector broadband policy is implemented, according to the Minister of Information Technology and Communications, Frank Tumwebaze. Tumwebaze, who spoke on the sidelines of the 19th ordinary session of the African Telecommunication …
Read More »VIDEO: Companies in Trouble over Increasing Cyber Threat
VIDEO: Companies in Trouble over Increasing Cyber Threat Kampala, Uganda | NBS TV | Financial institutions, public institutions and security organs are being advised to carryout daily audit of their systems in the wake of cyber threats. The Permanent Secretary in the Ministry of ICT, Vicente Bagire says the increasing technological …
Read More »French companies are partners, not competitors
By Julius Odeke Outgoing French Ambassador Aline Kuster-Ménager spoke to The Independent’s Ronald Musoke. What has been your impression of Uganda? Before coming to Uganda, I read the book, My African Journey, written by Winston Churchill in 1906 describing Uganda as the “Pearl of Africa.” During my stay, I confirmed …
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