Financial expert concerned with 70% investment in government securities Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector is continuing to grow with the latest figures indicating that assets – a major indicator of growth – have increased from Shs5.2trillion in 2014 to Shs10.04trillion in 2017. This represents 93% growth. This …
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Rwanda invest more in Agriculture Targets making sector climate resilient, more productive Kampala, Uganda | FRANCIS BYARUHANGA | Rwanda has again increased its budget allocation to agriculture sector and edged closer to meeting the Maputo and Malabo declarations which require member states of the African Union to allocate at least 10% of …
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Kampala, Uganda | JULIUS BUSINGE | Players in the capital markets and other businesses are set to share knowledge at the first ‘Mkutano Investment Conference’ to be held on May 15 at Kampala Serena Hotel. David Ofungi, the founder and chief executive officer of DERO, the curators of the ‘Economic Mkutano …
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Kampala, Uganda | PARLIAMENT UG | Parliament has deferred the debate on the Investment Code Bill to allow the Ministry of Finance and legislators to harmonise positions on controversial clauses in the proposed law. The Bill, first presented to Parliament in May 2017 seeks to revise, modernize and replace …
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Investment body to nearly double its staff to promote investment, create jobs Kampala, Uganda | IAN KATUSIIME | Jolly Kaguhangire, the executive director of Uganda Investment Authority (UIA) is marking her first anniversary on the new job with restructuring at the investment agency aimed at marketing Uganda as a profitable …
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Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …
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To increase emerging markets’ share of infrastructure investment, the world needs more `patient capital’ COMMENT | JUSTIN YIFU, HAVARD HALLAND & YAN WANG | Lawmakers in the United States have introduced legislation that, if enacted, would create a new development finance institution (DFI) to replace the Overseas Private Investment Corporation. Unlike …
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Kampala, Uganda | GODFREY SSALI | The US Ambassador to Uganda Deborah Malac has cautioned Uganda on the bureaucracies and red tape in investment procedures saying they discourage many potential investors. Malac said this during a meeting with the Minister of Trade, Industry and Cooperatives Amelia Kyambadde to discuss trade …
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Kampala, Uganda | JULIUS BUSINGE | Xeno Technologies Uganda Limited is an indigenous investment fund management company that officially launched business on Jan.03. The company’s CEO, Aeko Ongodia spoke to The Independent’s Julius Businge about their plans. What is your core business like? Xeno Technologies is a newly licensed …
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Kampala, Uganda | THE INDEPENDENT | On Dec.14, dfcu Bank in partnership with Price Waterhouse Coopers (PwC) and NTV Uganda rewarded Geneber Outspan Organic Farmers with Shs 25million after emerging as the overall winner of the nationwide campaign targeted at driving a savings and investment culture in Uganda. The campaign, which …
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