Kampala, Uganda | THE INDEPENDENT | Julius Businge | MTN Uganda under its enterprise arm of MTN Business has launched a first of its kind 3-in-1 offer for businesses in Uganda, it said on Oct.29. The offer is designed to help businesses get more out of their operations with more control …
Read More »Civil society proposals for revamping the economy
Reforms cover public debt, interest rates, taxation and public spending Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella organization Civil Society Budget Advocacy Group (CSBAG) have presented a list of budget proposals to government that they think can jumpstart the economy that has …
Read More »NIC’s next plan for growth
The insurer is enhancing automation, product innovation and pushing for asset restructuring to drive profitability Kampala, Uganda | JULIUS BUSINGE | Uganda’s oldest insurance firm, NIC Holdings Ltd, plans to ride on new technologies and product innovations to sustain profit growth. Flanked by two other top executives for the company, …
Read More »Xeno reports Shs8bn as assets under management
Kampala, Uganda | THE INDEPENDENT | Julius Businge | XENO Investment Management Limited has reported Shs8bn as assets under management for the year ended December 2019. Speaking at the virtual Annual General Meeting held today (Oct.26) in Kampala, Aeko Ongodia, founder and chief executive officer at Xeno said, the company recorded …
Read More »PostBank embarks on digital transformation journey
But the lender faces an uphill task of looping its customers onto it Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda, is embarking on a digital transformation journey aimed at decongesting customers in the banking halls, cutting down operational costs and driving profits upwards. This follows the …
Read More »URA’s Shs1tn first quarter surplus
Economic experts warn that it is too early to celebrate the performance Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has recorded a surplus in revenue collection for the first quarter of the Financial Year 2020/21 amidst the coronavirus pandemic but economic experts warn it is too early to …
Read More »Eskom refurbishes Njeru primary school
Bwikwe, Uganda | THE INDEPENDENT | Julius Businge | Eskom Uganda Limited has renovated the main administration block for Njeru Primary School in Bwikwe district (Eastern Uganda) under its corporate social responsibility programme, it said in a notice dated Oct.16 The block cost Shs44million and is expected to improve the schooling environment as …
Read More »Pearl Dairy 5 year growth projection
New markets, increased consumption, and stable EAC economy will boost returns, company executives say Kampala, Uganda | JULIUS BUSINGE | Executives at Pearl Dairy Farms Limited expect a boom in business in the next five years supported by an increase in milk consumption, new markets and the easing of trade …
Read More »Jibu Uganda rewards customers, frontline staff
Kampala, Uganda | THE INDEPENDENT | Julius Businge | In a bid to strengthen its brand focus, create an excellent customer experience and give back to its dedicated service staff, Jibu, a social enterprise, has recognised these categories of its stakeholders. The company said in a notice that this was …
Read More »Come to the stock market for capital
Uganda Securities Exchange tells manufacturers recovering from COVID-19 pandemic stress Kampala, Uganda | JULIUS BUSINGE | As manufacturers weather the tough times caused by COVID-19 lockdown and related restrictions, executives at the Uganda Securities Exchange say, doors are open for raising capital to reboot business activities. Speaking on behalf of …
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