But the source of the precious commodity remains unknown Kampala, Uganda | ISAAC KHISA | Gold has surpassed tourism and coffee to become Uganda’s biggest earner of foreign currency amidst concerns over its source. Latest data from the central bank shows that the east African nation exported 35,943 kilograms of …
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Industrial sector rent remains stable as that of office and residential falls Kampala, Uganda | ISAAC KHISA | Rents in industrial sector has remained stable amidst the coronavirus pandemic as that of office and residential sectors take a southward trend. The Knight Frank’s latest Kampala market performance review shows that, …
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Kampala, Uganda | Isaac Khisa | ShowMax, the Multichoice owned TV streaming service, will be charged half price to all DStv Access, Compact and Compact Plus customers when they add the streaming platform service to their DStv bill. However, the company’s premium subscribers will access ShowMax free of charge, potentially providing customers with …
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As Kenya becomes the latest African country to succumb to the economic fallout of the virus, can its economy rebound in 2021 as a deadly second wave sweeps the continent? | TOM COLLINS | Kenya’s economy slumped into a recession for the first time in almost two decades after GDP …
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Uganda’s housing deficit stands at 2.4 million units, out of which 210,000 are in urban areas Kampala, Uganda | ISAAC KHISA | Uganda’s Housing Finance Bank has inked a business deal with the Buganda Land Board and the Chinese construction firm, Guoji Group Company, to provide mortgage facilities to prospective …
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Kampala, Uganda | THE INDEPENDENT | Isaac Khisa | Uganda has concluded the 2021 General Election with the voting of the president, MPs and the Local Councils. Charity Ahimbisibwe, the National Coordinator at the Citizens Coalition for Electoral Democracy in Uganda (CCEDU) spoke to The Independent’s Isaac Khisa in an exclusive …
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But isn’t the country’s public debt gravitating towards a crisis? Kampala, Uganda | ISAAC KHISA | The National Resistance Movement administration plans to borrow Shs10.3trillion from external lenders in the FY 2021/22 that starts in July, according to the latest Budget Framework Paper, maintaining the country’s momentum towards the debt crisis …
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Uganda’s economy is slowly opening up amidst coronavirus pandemic, rising hope for the banking industry’s quick recovery. The Independent’s Isaac Khisa caught up with the Absa Bank Uganda Managing Director, Mumba Kalifungwa, and shares the industry’s projected performance and the future outlook. What do you make of Uganda’s banking industry …
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The carrier takes on Kenya Airways, RwandAir, Air Tanzania and Ethiopian Airlines which dominates the new routes Kampala, Uganda | ISAAC KHISA | Uganda’s national carrier, Uganda Airlines, is set to tighten competition in the East Africa’s aviation market with the unveiling of new routes. The carrier has announced …
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The real impact of COVID-19 pandemic on banks will be seen in the second or third quarter of next year Kampala, Uganda | ISAAC KHISA | Ugandan commercial banks may believe that they are headed for recovery amid the novel coronavirus pandemic but the headwinds are still big, said Tumubweine …
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