It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »KPMG opens doors for businesses seeking data support
Kampala, Uganda | JULIUS BUSINGE | Using right data tools and solutions in running businesses can lead up to over 50% growth of that entity in all segments, according to KPMG, an audit firm operating in Uganda and beyond. The firm is courting businesses to use advanced methods of managing …
Read More »Vivo Energy unveils seven new service stations
Kampala, Uganda | JULIUS BUSINGE | Fuel and other lubricants distributor, Vivo Energy Uganda Limited, has expanded its coverage by opening seven new service stations. The new service stations, which started operations at the end last year, includes; Kakiri, Kira Town, Kyengera, Gulu Highway, Nebbi, Namusera and Lyantonde. This puts the …
Read More »Coffee experts expose opportunities for youth and women
Kampala, Uganda | JULIUS BUSINGE | Players in the coffee value chain have urged the youth and women to take advantage of the growing demand for coffee in Uganda and beyond to grow their income. Speaking to The Independent on the sidelines of a Coffee dialogue at Pearl of Africa Hotel …
Read More »Region’s AEO initiative a game-changer
Businesses set to benefit from signed bilateral agreements Kampala, Uganda | JULIUS BUSINGE | Nearly a dacade ago, Betty Kiguli, the procurement coordinator at Nice House of Plastics, hardly made a saving while clearing goods with customs officials. But things have changed in the past four years since her company was …
Read More »City Oil, ENOC sends 30 to Abu Dhabi
Kampala, Uganda | JULIUS BUSINGE | Mandela Group of companies through its subsidiary- City Oil in partnership with Emirates National Oil Company (ENOC) is sponsoring 30 lucky people to take part in the Abu Dhabi Desert Challenge. The fully paid trip will see the winners enjoy a three day and four …
Read More »Uganda envisions pension sector boom
Kampala, Uganda | JULIUS BUSINGE | Mr. Martin A. Nsubuga is the Acting Chief Executive Officer (CEO) at the Uganda Retirement Benefits Regulatory Authority (URBRA). He takes up the position with a wealth of experience to ensure that the gains of the past five years are sustained. He is concurrently serving …
Read More »‘Investments in distribution will cut electricity tariffs’
Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako is the Chief Executive Officer of the Electricity Regulatory Authority (ERA). The Independent’s Julius Businge attended a media training workshop on March 6 where she responded to a number of questions. How would you describe Uganda’s electricity sector at the moment? Uganda’s …
Read More »Who wins in the proposed NSSF reforms?
Critics say shelving the proposed pension liberalization bill exposes the Shs 9 trillion fund to political and corporate governance risks Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund finally won the battle to retain its status as a mandatory scheme for all employees in informal and formal …
Read More »Authorized Economic Operator’s conference attracts 1000 delegates
Kampala, Uganda | JULIUS BUSINGE | Over 1000 delegates, 600 international and 400 national, are in Uganda for the next three days to take part in the 4th World Customs Organization Global Authorised Economic Operator’s Conference that officially opened today – March 14 at Kampala Serena Hotel. Speaking to reporters prior …
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