Government remains optimistic about achieving target of 20 million bags Kampala, Uganda | ISAAC KHISA & JULIUS BUSINGE | Uganda’s coffee industry players once again joined the rest of the world on Oct. 04 to mark the International Coffee Day. The annual celebration, which was organised by the Uganda Coffee Development …
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Kampala, Uganda | JULIUS BUSINGE | Starting Oct.11, Phoenix Assurance rebranded and changed its name to MUA Insurance Uganda Ltd or simply MUA following an event that took place at the Sheraton Kampala Hotel a day before. Phoenix of Uganda Assurance Company Ltd was licensed to do business in Uganda in …
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Kampala, Uganda | JULIUS BUSINGE | Starting October 26-27, Uganda will host the inaugural ‘Kampala Geopolitics Conference’ at Makerere University, Kampala. Over 100 speakers from various countries including France, Germany, South Africa, Kenya, South Sudan and Uganda will discuss 21 topics vital to global concerns before hundreds in the audience, the …
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Focus on tourism, ICT, horticulture, incentives to create jobs, grow economy Kampala, Uganda | JULIUS BUSINGE | Tourism, agriculture, Information and Communication Technology, horticulture, transit trade and logistics are key sectors that countries yearning for development should focus on. This was the take away from the just concluded 4th Governor Mutebile’s …
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Company’s IPO was the most efficient with less than 5% of advertising and promotional budget compared to previous offers Kampala, Uganda | JULIUS BUSINGE | Shares of Cipla Quality Chemicals Ltd started trading at the Uganda Securities Exchange on September 17, making it the first drug maker in the region to …
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The project cost goes up 57% to Shs410bn Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund (NSSF) will resume the construction of its Pension Towers on Lumumba Avenue in Kampala before the end of this year. The project was halted nearly seven years ago citing influence peddling in the …
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How management intend to turnaround performance going forward Kampala, Uganda | JULIUS BUSINGE | The rise in revenue expenditure and emoluments for staff cut the profitability of Uganda Clays Limited (UCL) for the last six months ending June 30, 2018. However, the company eyes a bright future due to new outlets …
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Fund pays 15% interest to members, the highest in history Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund rarely misses the opportunity to boast about the billions of shillings it rewards to its members every year in form of interest income. This was the same situation on August 28 …
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Why government needs to think beyond Shs100bn loan facility Kampala, Uganda | JULIUS BUSINGE | The government recently made a policy announcement targeting maize farmers and traders. It promised to provide Shs100bn as loan facility, through the Bank of Uganda’s Agriculture Credit Facility to maize traders to enable them buy the …
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Bank’s CEO is optimistic that the second half will be better Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has recorded same net profit in the half year of 2018 as it was last year, underscoring how the industry is struggling to grow in the era of low interest rates and …
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The Independent Uganda: You get the Truth we Pay the Price