Kampala, Uganda | JULIUS BUSINGE | With the first oil expected towards the end of 2020 in Uganda, players are already exploring more ways of reaping from the sector. The latest avenue was a two-day local content workshop organized by the Association of Uganda Oil and Gas Service Providers (AUGOS) in …
Read More »Umeme’s profit drop threefold to Shs 35bn
Company managers say recent concession talk not threat to its future Kampala,Uganda | JULIUS BUSINGE | Uganda’s power distributor, Umeme Limited, has recorded a surprise performance in the year ended December 2017, with the net profit dropping threefold to Shs 35bn compared with the previous year. The less than expected …
Read More »NGO tells government to up game on accountability
Kampala, Uganda | JULIUS BUSINGE | Africa Freedom of Information Centre (AFIC), a local non-governmental organization based in Kampala has urged government to further engage the public on vital information on matters of service delivery. While releasing results conducted under the project ‘Financing for development’ at Golf Course Hotel on April …
Read More »Ministry of Finance unveils plans to curtail growth of domestic arrears
Kampala, Uganda | JULIUS BUSINGE | Government is working on a strategy to curtail accumulation of domestic arrears, according to Kenneth Mugambe, the director for budget at the Ministry of Finance Planning and Economic Development. Mugambe, who was responding to budget related questions from Civil Society Budget Advocacy Group (CSBAG) at …
Read More »How Standard Chartered Bank has benefited EA economies
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 …
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