Kampala, Uganda | THE INDEPENDENT | Local Ugandan Investors, represented by the Uganda National Chamber of Commerce and Industry (UNCCI), are urging the government to treat them on par with their foreign counterparts and to curb the detrimental behaviors exhibited by politically affiliated business entities aligned with the ruling elite. …
Read More »Uganda’s private sector activity improves on strong demand
Uganda’s private sector activity improves on strong demand, but experts are worried that improvement in economic activities is likely to stir imports, putting pressure on the exchange rate and so is operational costs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank’s latest report– Purchase Managers Index (PMI) for June 2017 …
Read More »Why Bank of Uganda has cut CBR to 10%
Says revamping the economy will depend on government spending Kampala, Uganda | Julius Businge | The Central Bank has once again lowered its indicative lending rate, the Central Bank Rate, in a bid to push commercial bank rates down and spur private sector borrowing in the next three months. …
Read More »Kyambadde explains indefinite suspension of chamber elections
The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has explained that the decision to call off the Uganda National Chamber of Commerce and Industry (UNCCI) elections was agreed with all stakeholders after a recent meeting. “I have received a number of concerns from different stakeholders on operations of Uganda National …
Read More »Who will take UNCCI top job?
Coffee entrepreneur Rugasira set to tussle it out with incumbent Olive Kigongo for UNCCI presidency As the Uganda National Chamber of Commerce and Industry (UNCCI) goes to the polls to elect new leaders, the battle lines have been drawn for the top job. Among those set to be elected in …
Read More »Rugasira seeks to head Uganda chamber of commerce UNCCI
Businessman and author Andrew Rugasira has promised major reforms as he announced his intention to stand for president of what he has described as an ineffective Uganda National Chamber of Commerce and Industry (UNCCI). “The chamber is a far cry from its original mandate. It is institutionally ineffective, and it has …
Read More »National Chamber of Commerce in dire straits
The Uganda National Chamber of Commerce (UNCCI), the umbrella body for the business community in the country, is grappling with several issues that have made it unable to fulfill its mandate. Ahead of the next elections, businessman Andrew Rugasira, the proprietor of Good African Coffee, talked to The Independent about …
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