National Planning Authority boss outlines weaknesses in Uganda’s development agenda, shares solutions Kampala, Uganda | JULIUS BUSINGE | Kisamba Mugerwa, the chairperson of National Planning Authority (NPA), is a well-known speaker on matters Uganda’s journey to the middle income status. It was the same on July 18 as he delivered a …
Read More »Uganda Clays steady profit growth
Competition from other clay products makers threatens its further increase in sales Kampala, Uganda | ISAAC KHISA | Clay products maker, Uganda Clays Limited (UCL), has recorded a steady profit growth for the second year running citing increased marketing and the decision by the majority shareholder, National Social Security Fund, …
Read More »France revises growth upwards in boost for Macron
Paris, France | AFP | France’s economy grew 2.2 percent in 2017, according to revised figures published Tuesday — good news for President Emmanuel Macron as he pursues ambitious reforms designed to make the country more competitive. National statistics office INSEE revised its growth for last year up from 2.0 …
Read More »MTN Uganda Subscribers grow 3% in Q1 2018
Kampala, Uganda | THE INDEPENDENT | MTN Uganda recorded a 3.1% rise in subscribers to 10.8million in the first quarter ending March 2018. The increment in subscribers for the first three months ends two consecutive quarters of falling customer numbers. The improved subscriber figures also contributed to an increase in …
Read More »Beer boom
Nile Breweries Limited spending US$22million to match sales growth Kampala, Uganda | ISAAC KHISA | A few months ago, a highly respected and accomplished director for Nile Breweries Limited, a subsidiary of the Belgium based Anheuser-Busch InBev NV, popularly known as AB InBev, resigned. His name could be familiar to you …
Read More »COMMENT: Economists vs. scientists on growth
What to expect when, someday, thinking machines become so sophisticated that they will invent other machines COMMENT | KENNETH ROGOFF | Most economic forecasters have largely shrugged off recent advances in artificial intelligence (for example, the quantum leap demonstrated by DeepMind’s self-learning chess program last December), seeing little impact on longer-term …
Read More »Vivo energy Uganda celebrates five years of growth and success
Kampala, Uganda | THE INDEPENDENT | With a vision to become Africa’s most respected energy business Vivo Energy, the company that distributes and markets Shell branded fuels and lubricants, is celebrating five years of growth and success in Uganda since its establishment in the country in February 2013. The Shell …
Read More »Liquid Telecom now targets start-ups for growth
Kampala, Uganda | ISAAC KHISA | Liquid Telecom Uganda, part of the pan-African telecoms group Liquid Telecom, has partnered with The Innovation Village, a hub and co-working space in Kampala, to support Ugandan start-ups with high-speed internet and cloud-based services. Liquid Telecom Uganda, formerly known as Infocom, will work alongside The …
Read More »GLOBAL COMMENT: African infrastructure
The continent’s pension funds could lead institutional investors in committing funds to local infrastructure COMMENT | IBRAHIM ASSANE MAYAKI | As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely …
Read More »SMEs are Uganda’s engine for growth
Deloitte, an international Audit firm operating in Uganda is working on a plan with the Ministry of Trade Industry and Cooperatives to aid small and medium enterprises (SMEs) grow their enterprises and boost economic growth. Its Managing Partner in Uganda, Norbert Kagoro, spoke to The Independent’s Julius Businge about their …
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