Tracing illicit products to source is required to safeguard the legitimate tobacco industry, company executives say Kampala, Uganda | JULIUS BUSINGE | British American Tobacco Uganda (BAT Uganda) shareholders on July.23 approved Shs15.7billion or Shs320 per share as the final dividend for the year ended December 31, 2019. The dividend …
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Knight Frank’s virtual meeting gives ideas to business operators Kampala, Uganda | JULIUS BUSINGE | There is life after COVID-19. Business owners should think about adjusting their mode of operations to serve their clients better if they are survive. These are general views that came up during a discussion about …
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Company executives explain cause of Shs88million loss Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer has recorded Shs88million loss for the year 2019 as opposed to the net profit of Shs1.9bn in 2018. According to the company’s financial statements released on July 17, total …
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Experts urge government to strengthen regulatory framework, review taxation and promote financial inclusion Kampala, Uganda | JULIUS BUSINGE | The use of digital technologies has potential to jumpstart the economy that has been battered by COVID-19 pandemic, according to the World Bank’s latest Economic Update for Uganda. The report, which …
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Nevin Bradford has been the Chief Executive Officer for Cipla Quality Chemical Ltd since November 2013. The Independent’s Julius Businge interviewed him about their COVID-19 experience and general company operations. What has been your general business experience since March 2020 when the government of Uganda joined the rest of the …
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John Walugembe is the Executive Director for Federation of Small and Medium Enterprises, an umbrella body for SMEs in Uganda. The Independent’s Julius Businge had an interview him on the impact of COVID-19 on SMEs. What major milestones has the federation recorded since its establishment? The Federation was established in …
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But commercial lawyers argue that the central bank is simply cleaning its face and that the law is not on its side Kampala, Uganda | JULIUS BUSINGE | The legal battle between Bank of Uganda and Sudhir Ruparellia over the defunct Crane Bank Limited is intensifying. They are headed …
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Uganda Tourism Board kicks off inspection of tourism facilities countrywide to ensure they meet standards to curb COVID spread Kampala, Uganda | JULIUS BUSINGE | Enterprises within the hospitality sector are putting in place stringent safety measures in preparation for jumpstarting business once the COVID-19 pandemic threat is minimized. Jean …
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Experts say there are lessons to learn from this case and that the central bank should not be hanged for losing it Kampala, Uganda | JULIUS BUSINGE | Uganda’s central bank is facing huge costs after losing court cases in the Commercial and Court of Appeal over Sudhir Ruparelia, Meera …
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The company remains strong to deliver good performance going forward, officials say Kampala, Uganda | JULIUS BUSINGE | The Kampala-based drug manufacturer, Cipla Quality Chemical Industries Ltd, has recorded a Shs36bn loss for the financial year 2019/20 compared to a profit of Shs7bn recorded in the previous year. Company officials …
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