Three journalists of The Independent walked away with prizes at the recent National Journalism Awards organized by African Centre for Media Excellence (ACME). Haggai Matsiko won in the category of National Print for the story “Inside the shs1trilion bail-out”, Ronald Musoke won Best Feature for the story “Massacre on Masaka …
Read More »Independent journalist wins continental award
Isaac Khisa of The Independent magazine emerged as one of the winners of the 2017 Pan-African Re Insurance Journalism awards for a story about the insurance industry. Khisa was awarded Best Re/Insurance Industry Analysis and Commentary for his article “Insurance industry tops Shs700bn”. In his article, Khisa documents the growth …
Read More »The Independent journalist wins continental award
Isaac Khisa of The Independent magazine emerged as one of the winners of the 2017 Pan-African Re Insurance Journalism awards for a story about the insurance industry. Khisa was last week awarded Best Re/Insurance Industry Analysis and Commentary for his article “Insurance industry tops Shs700bn”. The award winners were announced at …
Read More »Behind Fine Spinner’s takeover of Phenix
Government gets rid of loss-making company, but can new investor avoid its jinx? The government of Uganda has leased Phenix Logistics Uganda Ltd, a garment manufacturer based in Kampala, to a Kenyan-based garment manufacturer – Fine Spinners. The deal which is at un-disclosed amount of money and a 15-year period …
Read More »BUSINESS: Banks see higher profits
But analysts caution it’s too early to celebrate Uganda’s banking industry seems to be recovering from the hard economic times experienced in the previous year as commercial banks start to record a surge in profits amid drops in Non-Performing Loans (NPLs). Available data from commercial banks that have announced their …
Read More »BUSINESS: Kyambadde shrugs off ‘Buy Uganda’ critics
BoU’s Mutebile leads call for export driven policy instead Amelia Kyambadde, the Minister for Trade, Industry and Cooperatives, has had a tough time selling her flagship policy plank, the `Buy Uganda Build Uganda’ (BUBU). But the latest criticism against the policy came from the most unexpected voice; that of the …
Read More »World Bank boss visits Rwanda
US$57 billion financing for sub-Saharan Africa promises to boost business Doing business in Rwanda is expected to improve with the visit of World Bank’s President Jim Yong Kim. Kim arrived in Kigali on March 21 for a two-day visit and held discussions with President Paul Kagame and the private sector …
Read More »How to get more Ugandans buy insurance
Insurance regulator, experts share views at high profile meeting in Kampala How do you convince more Ugandans to buy insurance? That was the main issue discussed during a breakfast meeting for the country’s insurance firms held at Kampala Serena Hotel on Feb.23. The Chief Executive Officer of the Insurance Regulatory …
Read More »Kampala hotels most expensive in East Africa
Expensive hotels: Top operators offer solutions to trend threatening tourism sector Build more high-end hotels and attract more international hotel chains to create competition and lower rates. Those are some of the views of experts in Uganda’s hotel sector about the high costs of hotel accommodation in Uganda which they …
Read More »Fight looms over takeover of UTL
Libyans vow to take on Uganda after `quitting’ It is not clear what the Uganda government’s plan is since it announced that the Libyan owners of Uganda Telecom Ltd (UTL) have quit, but the move might get dirty if the Libyans instead implement a fight for the company. The government …
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