Inside our overblown expectations and the religious origins of our hopes and frustrations THE LAST WORD | ANDREW M. MWENDA | In February, my mother (84) visited Germany. Driving from the airport to the city of Cologne, she was impressed by the highways, flyovers and majestic buildings of that country. …
Read More »Museveni won’t print 2021 elections money
‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …
Read More »NSSF to educate savers ahead of retirement
Majority of the Fund’s retirees are making wrong investment decisions Kampala, Uganda | JULIUS BUSINGE | It is now evident that savers need advice on how to invest their long time savings as they transition to retirement, according to Richard Byarugaba, the managing director of the National Social Security …
Read More »LIVE: Museveni delivers State of the Nation Address 2019
Kampala, Uganda | THE INDEPENDENT | In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda, President Yoweri Museveni will today deliver the State of the Nation Address, 2019. The president will gave accountability on particular government commitments and appraise the country of …
Read More »Kampala is best EAC city
Quality of Living research place it ahead of Nairobi Kampala, Uganda | The Independent | Uganda’s capital Kampala has once again been ranked the best East African city to live in. It is the third time Kampala wins this accolade in as many years. The ranking is done based on …
Read More »Oranto Petroleum completes seismic survey over Ngassa Block
Government expects petroleum firm to expedite data processing and interpretation Kampala, Uganda | RONALD MUSOKE | Nigerian firm, Oranto Petroleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block located near Uganda’s western border with the Democratic Republic of Congo. A seismic survey is a technique …
Read More »Financial support missing in thriving Uganda dairy sector
Uganda Dairy sector transformation: where is the financial sector? COMMENT | Joseph Kiirya | Dairy is one of the few sectors witnessing a positive response in recent years to the Uganda government policy to commercialize agriculture. In the last four years, Uganda has witnessed an exponential growth in its dairy …
Read More »How Uganda’s insurance firms performed in 2018
Only nine insurance companies recorded approximately Shs40bn as profit Kampala, Uganda | ISAAC KHISA | Only nine out of 21 Non-life insurance companies operating in Uganda made profits for the year ended Dec.2018, data from the Insurance Regulatory Authority of Uganda shows. Jubilee, UAP, Sanlam, Britam, Goldstar, Alliance Africa, Statewide, …
Read More »Cipla hints on potential acquisition
As its profit after tax drop more than seven times to Shs 6.8bn in 2018 Kampala, Uganda | ISAAC KHISA | The Kampala-based pharmaceutical firm, Cipla Quality Chemical Industries Ltd has hinted on a move to acquire a small company to boost its business growth. This comes at a time …
Read More »Uganda Clays revenue hit Shs30bn in 2018
Company’s executive describes the year as good, reveals plan to cut costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited has recorded an increase in total revenue from Shs27bn in 2017 to Shs30bn in 2018, according to its financial statements released on May 20. George Ihnolo, …
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