Tag Archives: Market

Busy customers will no longer have to drive to markets for foodstuffs Kampala, Uganda | IAN KATUSIIME | A new app to be launched next month will boost the fortunes of market women who operate in areas like Nakawa, Kalerwe, Ntinda and Nakasero. The app is meant to eliminate the role …

London, United Kingdom | AFP | October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation amid a global financial crisis, in a white paper written …

Bigger firms choke smaller and new telcos Kampala, Uganda |  JULIUS BUSINGE | A few days to implementation of the social media tax, commonly referred to as Over the Top (OTT) on July 1, 2018, three largest telecom firms – MTN, Airtel and Africell issued a joint statement to guide its …

Bureaus race to beat deadline on Rwf50m minimum capital Kampala, Uganda | STEPHEN NUWAGIRA | The new regulations by the central bank requiring forex bureaus to hire qualified staff and deploy ICT systems in their operations, among others, have left casualties along the way with some firmsexiting, according to the regulator …

But diesel could see even higher demand kampala, Uganda | MOTORING GURU | You have always eyed the BMW series but could not afford it because, well, it comes at a price. So when you heard of the growing unpopularity of diesel cars in the UK where the BMW is the …

Kampala, Uganda | JULIUS BUSINGE | Julian Byamugisha is the Head of Taxify Uganda, which also operates in 23 other countries globally. She spoke to The Independent’s Julius Businge about company operations What has business been like for the last six months you have been in operation? We have moved people …

The proposed law will make rent expensive Kampala, Uganda | ISAAC KHISA | John Kityo has been experiencing some tough times in renting a room for his small business in downtown Kampala. The 30-year old has rented seven different places as a result of sudden rent increments. So when Dr. …

Kampala, Uganda | THE INDEPENDENT | The East African governments have been urged to use the Stock Exchanges to raise capital especially through issuance of large Initial Public Offers (IPOs) that can only come from the public sector. Geoffrey Odundo, the CEO for the Nairobi Securities Exchange (NSE), said there is …

Kampala, Uganda | THE INDEPENDENT | South Africa’s retail chain, Shoprite Holdings, plans to take advantage of disarray in Kenya’s grocery sector to open its first stores in the major East African market this year. Two of Kenya’s three top retailers – Uchumi Supermarkets and former regional giant, Nakumatt – …

Kampala, Uganda | ISAAC KHISA | Senior executives in Uganda’s leading telecom companies have always said the country’s mobile phone market has room to grow but it is too small to support all of the seven telcoms. And the assertion seem to have come to pass, with the British based telecom, …