Kampala, Uganda | THE INDEPENDENT | Traders in downtown Kampala say they are worried at the rate at which their colleagues are closing shops due to unfair competition from Chinese traders. Traders dealing in hardware to general merchandise argue that the Chinese who used to sell the goods in …
Read More »UEFA approves creation of third club competition from 2021
Dublin, Ireland | AFP | UEFA confirmed on Sunday the creation of a third European club competition from the 2021/22 season designed to offer more clubs and associations the chance to play European football. After approval from UEFA’s Executive Committee in Dublin, the Europa League will be cut from its …
Read More »Liquid telecom, FSDU to support data market start-ups
Kampala, Uganda | JULIUS BUSINGE | Liquid Telecom in partnership with Financial Sector Deepening Uganda will Thursday Nov.30 launch Data Hack4FI competition at an innovations hub – Innovation Village. Liquid telecom will showcase its products to the public at the hub located in Ntinda, a Kampala suburb. Officials from the two …
Read More »EU antitrust chief defends probe of Google, US tech giants
Washington, United States | AFP | Europe’s top antitrust regulator Magrethe Vestager on Monday defended her agency’s investigations of Google and other US tech giants, arguing that dominant companies have a “special responsibility” to avoid abusing their market power. “If you have products that people like and they keep coming, you …
Read More »French firm launches young African architects competition
By Joan Akello CA’ASI, the Venetian entity of the French architectural practice AS. Architecture-Studio is launching an international architectural competition in October to highlight the creativity and originality of African architecture and help it gain worldwide recognition. “This competition is a unique opportunity to underline the important role played by the African world today, as seen throughout its contemporary architecture,” Martin …
Read More »Google launches ‘Africa Connected’ Competition
By Ronald Musoke Global technological giants Google have joined the ‘Africa rising’ bandwagon by launching a competition in which entrepreneurs, creatives, innovators and web lovers across the continent will share their stories of how the web has transformed their lives and work. “Whether you’re a photographer, an entrepreneur, a fashion …
Read More »Competition needed in the banking sector –IMF
By Julius Businge The International Monetary Fund Senior Resident Representative in Uganda, Ana Lucia Coronel has said that there is a need for banks to put up stiff competition in the sector, if customers are to benefit. “There is competition but it is not strong enough to influence business decisions,” …
Read More »Foreign competition threatens indigenous insurance companies
By Patrick Kagenda After failing to take over the National Insurance Corporation (NIC) in 2005 in the teeth of competition from Nigeria’s Industrial and General Insurance (IGI), the Kenyan firm Apollo Pan African (APA) Insurance has at last made its way on to the Ugandan financial market. APA, which owns …
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