Paul Bwiso is the chief executive officer of Uganda Securities Exchange. He spoke to The Independent’s ISAAC KHISA. How has been the performance of stock market in the past eight months ending August compared with the same period in 2016? We are down by about 50% to Shs69bn as turnover …
Read More »Rwanda again in top 10 investment nations
Uganda, Kenya, Tanzania, also ranked Rwanda | THE INDEPENDENT | Rwanda has re-entered the Top 10 list after having just missed it the past two years, according to Rand Merchant Bank’s latest `Where to Invest in Africa report for 2018’, released on Sept.18. The theme for `Where to Invest in …
Read More »Trump removes Sudan, adds North Korea on new US travel ban
N. Korea, Venezuela, Chad among 8 countries on new US travel ban Washington, United States | AFP | President Donald Trump issued a new open-ended travel ban Sunday that saw North Korea, Venezuela and Chad among a list of eight countries cited for poor security and lack of cooperation with …
Read More »BUSINESS: Fight over Sadolin
Inside the AkzoNobel, Kansai Plascon tussles to control top paint brand name Kampala, Uganda | ISAAC KHISA | Dutch paints and Coatings Company AkzoNobel Coatings International BV which owns Sadolin brand name in Uganda is locked in a battle for market control with Kansai Plascon of Japan. The case …
Read More »Kenya police ordered to investigate election officials
Nairobi, Kenya | AFP | Kenya’s chief prosecutor has ordered the police and anti-corruption agency to investigate the country’s election commission for alleged “irregularities and illegalities” in the conduct of August’s annulled presidential poll. Director of public prosecutions Keriako Tobiko said the wide-ranging investigations into the Independent Electoral and Boundaries …
Read More »THIS WEEK: Clergy call for a referendum on age limit
THIS WEEK: Clergy call for a referendum on age limit Kampala, Uganda | THE INDEPENDENT |The clerics have called for a referendum on age limit. Speaking to journalists on Sept.18, the clerics – Uganda Muslim Supreme Council’s Mufti Shaban Mubajje , Rev. Stanley Ntagali of the church of Uganda, Arch. …
Read More »THIS WEEK: Justice Okalany wins prosecutor of the year award
THIS WEEK: Justice Okalany wins prosecutor of the year award Kampala, Uganda | THE INDEPENDENT |High Court Judge Susan Okalany was on Sept.14 awarded an international accolade as the prosecutor of the year during an awards dinner organized by the International Association of Prosecutors (IAP) in Beijing China. Okalany who …
Read More »THIS WEEK: Anti – age limit MPs summoned for interrogation
THIS WEEK: Anti – age limit MPs summoned for interrogation Kampala, Uganda | THE INDEPENDENT |After an NRM legislators’ meeting organized by Kassanda South representative Simeo Nsubuga proposed the tabling of a private members’ bill to amend article 102 (b) of the constitution which puts presidential age limit at 75 …
Read More »THIS WEEK: Museveni woos Qatar investors
THIS WEEK: Museveni woos Qatar investors Kampala, Uganda | THE INDEPENDENT |President Yoweri Museveni has said Uganda is fast becoming a middle-income country with vast investment opportunities in agro-processing, industrialization and the service based sector. “Uganda is moving towards becoming a fast world country based on four sectors; commercial agriculture, …
Read More »THIS WEEK: Ugandans in diaspora to be registered
THIS WEEK: Ugandans in diaspora to be registered Kampala, Uganda | THE INDEPENDENT |Speaker of parliament Rebecca Kadaga has revealed that starting next year Ugandans in Washington, Nordic Countries and United Kingdom will start being registered for dual citizenship. Speaking during the Uganda – UK Convention held in London on …
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