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Tag Archives: growth

Tackling economic growth bottlenecks

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 …

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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, …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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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