The current situation place the country’s businesses in a disadvantaged position compared to their peers in the region Kampala, Uganda | ISAAC KHISA | Fuel consumers in Uganda could have been in a celebration mood as they reap benefits of reduced prices of the precious commodity that drives many economies …
Read More »Uganda’s ballooning pubic debt
Economists suggest that the government needs to balance investment in development and productive sectors Kampala, Uganda | ISAAC KHISA | Uganda government plans to borrow Shs8.73 trillion from local and international lenders to fund the bloated Shs 45.4trillion budget amidst the coronavirus pandemic threat. According to the Ministry of Finance …
Read More »COVER STORY: Tough budget
What experts say about Shs45.4tn, debt, taxes Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | The 2020/21 national budget read on June 11 has been criticised by experts as weak on all fronts; from its stimulus and bailout programmes to the manner in which its figures were arrived at …
Read More »Insurance industry records 8% drop in profit to Shs17.93bn
Gross underwritten premiums to plummet in 2020 THE INDEPENDENT | ISAAC KHISA | A surge in claims and management expenses saw Uganda’s nonlife insurance firms record 8% drop in profit to Shs17.93bn for the year ended Dec.2019. However, the industry executives said there is nothing to worry about since the …
Read More »‘We want 2021 elections on time’
How People Power, JEEMA, FDC are uniting against Museveni THE INDEPENDENT | ISAAC KHISA | The steps President Yoweri Museveni and his government have taken to contain the coronavirus disease COVID-19 pandemic will make a big difference in the upcoming 2021 general elections. But to whose advantage? Watching these …
Read More »Uganda Securities Exchange gives green light over AGMs
The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …
Read More »Local content legislation to boost local entrepreneurs
The law seeks to allocate at least 40% of sub-contracts in public procurement to local companies Kampala, Uganda | ISAAC KHISA | For quite a while, Uganda’s entrepreneurs have been lagging behind owing to the stiff competition from big foreign firms. But this could soon come to an end following …
Read More »Rebooting Uganda’s economy post COVID-19
Private sector present various stimulus packages to government on how kick-start business activities back to normal growth curve Kampala, Uganda | ISAAC KHISA | Life is slowly returning to normalcy in Uganda’s towns save for those that lie on the borders with neighbouring countries. Shops and restaurants are back to …
Read More »COVID-19: Is this the end of ‘cheap’ flights?
Airlines say social distancing onboard could mean high costs for passenger air transport Kampala, Uganda | ISAAC KHISA | International Air Transport Association has warned that air ticket prices could rise up to 54% depending on the region if airlines are forced to exercise social distancing onboard due to the …
Read More »Inside Kampala’s public transport politics
Phasing out 14-seater taxis, boda bodas in the city is welcome but needs time to implement Kampala, Uganda | ISAAC KHISA | Those who drive or commute in Kampala City can attest that a lot has changed over the past decades. Public transport service has become busy and messy. Passengers …
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