Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched …
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The third edition of IATF has also been postponed from 2022 to 2023 to be in line with the two-year intervals between IATF events. Kampala, Uganda | ISAAC KHISA | Owing to the ravaging COVID-19 pandemic, the African Export-Import Bank, the African Union and the Rwandan government have decided to …
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It’s not just about money Kampala, Uganda | ISAAC KHISA | Speaker of Parliament Rebecca Kadaga is facing a public relations disaster for allocating Shs20 million to each MP, ostensibly to do supervisory and advocacy work in the government fight against the Coronavirus disease COVID-19. But her reaction to President …
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Bank of Baroda has recorded a 38% drop in net profit to Shs 45.3bn for the year ended Dec. 2019 but the management hope for better performance in future as it embarks on massive digitalisation. Kampala, Uganda | ISAAC KHISA | The bank’s latest financial performance also shows that whereas …
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Shareholders will now not be able to vote on resolutions such as dividend payments, changes to directorships, approval of accounts within stipulated timeframe Kampala, Uganda | ISAAC KHISA | Uganda’s listed firms had big plans for their annual shareholders meeting (AGM) starting next month, giving opportunities to their owners and …
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The telco is said to have agreed to pay $100-million for the renewal of its operating licence Kampala, Uganda | ISAAC KHISA | A double digit growth in data and mobile money services helped MTN Uganda to record a 12.5% growth in revenue to Shs1.4trillion last year compared with 2018. …
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The government says it is monitoring the situation to assess the effect and devise mitigation measures Kampala, Uganda | ISAAC KHISA | As Uganda remains vigilant on the spread of Coronavirus (COVID-19) around the globe, its horticulture industry is already feeling the pinch as airlines temporarily suspend flights to potential …
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The East African nation is pinning growth of its textile sector on new crop The Independent | ISAAC KHISA | Kenya has made history as it joined six other African countries in commercial cultivation of BT cotton. Peter Munya, the country’s Agriculture Cabinet Secretary planted the first BT cotton seed …
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Stage set for competition with other regional commercial banks Kampala, Uganda | ISAAC KHISA | Patrick Mweheire, the former Chief Executive at Stanbic Bank Uganda, is considered to be one of the best brains within banking sector circles. This view is supported by his stellar performance at the bank where …
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Television still dominates the content space Kampala, Uganda | ISAAC KHISA | Telecom firms are slowly taking the battle for consumers to traditional Pay TV’s door step with the matching of the rival’s content either through partnerships or own content plays. MTN Uganda unveiled the YOTV in partnership with Al …
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The Independent Uganda: You get the Truth we Pay the Price