The carrier takes on Kenya Airways, RwandAir, Air Tanzania and Ethiopian Airlines which dominates the new routes Kampala, Uganda | ISAAC KHISA | Uganda’s national carrier, Uganda Airlines, is set to tighten competition in the East Africa’s aviation market with the unveiling of new routes. The carrier has announced …
Read More »Ugandan banks not yet out of the woods
The real impact of COVID-19 pandemic on banks will be seen in the second or third quarter of next year Kampala, Uganda | ISAAC KHISA | Ugandan commercial banks may believe that they are headed for recovery amid the novel coronavirus pandemic but the headwinds are still big, said Tumubweine …
Read More »Covid-19 pushes African airlines to the brink
Covid-19 pandemic has taken a heavy toll on Africa’s airlines, but some analysts suggest that a more streamlined industry offering better services could emerge | CHARLIE MITCHELL | After gaining independence, the old saying went, African countries first needed a currency, then an anthem, then an airline. Currently, airlines – …
Read More »Billions of COVID-19 response money lost?
Health ministry, audits give conflicting figures Kampala, Uganda | ISAAC KHISA | As Ugandans began contracting the novel coronavirus, President Yoweri Museveni on April.03, made an appeal for public solidarity in support of the health care system that was already in a crisis due to limited funding. Dozens of companies …
Read More »COVID-19 complicates education
Pandemic widens education gap as it impacts rural and disadvantaged children further Kampala, Uganda | ISAAC KHISA | The scene looks like a typical telephone call centre. Women and men sit before computers, headsets pinned to their ears, mouth-pieces ready and light projectors dangling from the ceiling. But this is …
Read More »Collective Investment Scheme assets more than double to Shs 388.5bn
Investors likely to preserve their savings and capital with CIS and fixed income instruments due to the current coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s Collective Investment Schemes (CIS) have recorded more than double their assets under management (AUM) to Shs 388.5bn for the FY2019/20 as a …
Read More »Local construction firms court Ethiopians to win big contracts
Firms want to cut into huge value of contracts which go to foreign firms Kampala, Uganda | ISAAC KHISA | Ugandan local firms have been losing out to international players in clinching big deals in the local market but this could soon be reversed if a new business model that …
Read More »‘Ethiopia’s Renaissance Dam will boost intra-regional energy trade’
Alemtsehay Meseret has made one and half years as the Ethiopian Ambassador to Uganda. She spoke to The independent’s Isaac Khisa on a wide-range of issues; from trade relations between the two countries to the Renaissance Dam. What is your assessment of trade and investment levels between Ethiopia and Uganda? …
Read More »Airtel records 14% growth in revenues to $659m in East Africa
But the firm’s overall Africa operations had its net profit fall by 36% to $145m Kampala, Uganda | ISAAC KHISA | Bharti Airtel operations in East Africa have recorded a 14% growth in revenue to US$659million for the six months ending Sept. 30, citing an increase in subscribers. The firm’s …
Read More »Uganda records highest coffee exports
Uganda’s coffee industry has recorded the highest ever export volumes as well as earnings for the Coffee Year 2019/2020 (Oct-Sept), signaling the crop’s steady recovery. Kampala, Uganda | ISAAC KHISA | Latest data from the Uganda Coffee Development Authority shows that coffee exports for the 12 months amounted to 5.36 …
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