Kampala, Uganda | ISAAC KHISA | Regional lender, KCB, is set to rollout agency banking by close of the year as it strives to grow profitability. This follows the lender’s approval from the Bank of Uganda, two weeks ago, in line with the new Financial Institutions (amendment) Act. Joram Kiarie, the …
Read More »Business Partners International boosts SMEs in E. Africa
Vincent Kiyingi is the manager at the Business Partners Internation (BPI) –Uganda. He spoke to the Independent’s Isaac Khisa about financing SMEs in the country. What is your leadership style as a manager? My leadership style is not definite but I use different styles depending on the time and type …
Read More »Uganda’s textile industry picking up the threads
Fine Spinners plan to sell T-shirts at US$3 on the local market Kampala, Uganda | ISAAC KHISA| It is Oct. 17, eighteen representatives of importers from Germany are touring Fine Spinner’s garment factory in Bugolobi, a Kampala suburb filming various activities and to ascertain the company’s production processes and capacity. Later, …
Read More »Econet’s Kwese TV enter Uganda’s competitive pay-TV industry
Kampala, Uganda | ISAAC KHISA | Zimbabwe’s pay TV service provider, Kwese TV, has become the latest kid on the bloc in the provision of satellite Tv services in Uganda, with the official launch held in Kampala on Oct. 17. The firm will now tussle out with the established pay-TV providers such as …
Read More »INTERVIEW: Bidco’s $70million investment on Buvuma Island near
INTERVIEW: Kodey Rao is the managing director of Bidco Uganda Limited, the producer of edible oil. He spoke to The Independent’s Isaac Khisa about the country’s edible oil industry and the future outlook. What is the assessment of edible oil consumption in the country at the moment? Edible oil …
Read More »Cytonn eyes Kampala’s middle class with Shs 360.5bn housing projects
The new development likely to stir competition in the country’s real estate industry Kampala, Uganda | ISAAC KHISA | Kenya’s real estate investment firm, Cytonn, is set to invest Shs360.5bn (US$100million) in commercial and residential housing units in Kampala targeting middle class population, its Managing Partner and Chief Executive …
Read More »AkzoNobel now picks Crown Paints to sell Sadolin in East Africa
The new move tightens competition in the region’s paint industry Kampala, Uganda | ISAAC KHISA | Dutch paints and Coatings Company AkzoNobel Coatings International BV, which owns the Sadolin brand name in Uganda, has appointed the regional paint maker, Crown Paints East Africa, to manufacture and sell Sadolin Paint in …
Read More »Muhakanizi’s fight for UTL
UTL: Finance Minister, PS Muhakanizi says the new move is to drive internet price cuts in the country Kampala, Uganda | ISAAC KHISA | Uganda government’s new plan to procure all mobile and fixed telephony communication services as well as internet from Uganda Telecom Limited (UTL) at a lower price is …
Read More »Paul Bwiso: ‘It’s the right time to invest on the stock market’
Paul Bwiso is the chief executive officer of Uganda Securities Exchange. He spoke to The Independent’s ISAAC KHISA. How has been the performance of stock market in the past eight months ending August compared with the same period in 2016? We are down by about 50% to Shs69bn as turnover …
Read More »BUSINESS: Fight over Sadolin
Inside the AkzoNobel, Kansai Plascon tussles to control top paint brand name Kampala, Uganda | ISAAC KHISA | Dutch paints and Coatings Company AkzoNobel Coatings International BV which owns Sadolin brand name in Uganda is locked in a battle for market control with Kansai Plascon of Japan. The case …
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