Uganda discovered oil in 2006 but disagreements between the government and oil companies have stalled its development Kampala, Uganda | ISAAC KHISA | Uganda National Oil Company (UNOC) plans to invest $840million in joint infrastructure projects in the country’s oil and gas sector, said its Chief Executive Officer, Proscovia Nabbanja. …
Read More »
The government needs to invest in tourism and fishing activities near the dam Kampala, Uganda | ISAAC KHISA | Returning to Kayunga District after nearly a decade of absence, one could easily be astonished with the rapid transformations. The once dusty and potholed roads as well as the run-down structures …
Read More »
Rental rates are expected to drop as supply exceed demand Kampala, Uganda | ISAAC KHISA | Rent for office space in prime locations in Kampala City has recorded a 10% decline as tenants opt for small space, latest data from property agency, Knight Frank shows. Rent has dropped to as …
Read More »
This development will stir competition in the country’s retail business Kampala, Uganda | ISAAC KHISA | Carrefour franchisee in the Middle East, Asia and Africa, Majid Al-Futtaim, has opened a store in Kampala, stepping up competition for shoppers in the country’s lucrative and less developed retail chain industry. Majid Al-Futtaim, …
Read More »
UCDA is hopeful that farmers will reap more in 2020 Kampala, Uganda | ISAAC KHISA | Latest figures indicate that Uganda’s coffee export earnings dropped in 2018/19 season (October-September) but the regulator is optimistic that the industry performance will rebound in 2019/20 season. Coffee, the country’s second largest commodity export …
Read More »
But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …
Read More »
Liquid Telecom is a leading Pan-African communications solutions provider with presence in over 13 countries. Liquid Telecom’s CEO in Uganda, Dennis Kahindi, spoke to The Independent’s Isaac Khisa about how the company is helping to build Africa’s digital future. It is nearly nine months since you become CEO for Liquid Telecom …
Read More »
Presently importers insure their cargo in the country of origin through their suppliers Kampala, Uganda | ISAAC KHISA | For many decades, Uganda’s insurers and reinsurers never imagined that they could cash in on marine cargo insurance business amid the large volume of business involved in international trade. This …
Read More »
Pharmaceutical firm hopes to recover in second half of the year Kampala, Uganda | ISAAC KHISA | Cipla Quality Chemicals Industries Ltd has recorded a decline in profit since it was listed on the Uganda Securities Exchange a year ago but its managers are now pinning its growth prospects on …
Read More »
The communities neighboring Bamburi’s subsidiary in Uganda at Hima wants the cement firm to come up with a similar initiative there Kasese, Uganda | ISAAC KHISA | One can hardly see any spot of environmental degradation. Haller Park, a 200 hectare experimental park, started in 1971 when Bamburi Cement Factory …
Read More »
The Independent Uganda: You get the Truth we Pay the Price