The government says it is monitoring the situation to assess the effect and devise mitigation measures Kampala, Uganda | ISAAC KHISA | As Uganda remains vigilant on the spread of Coronavirus (COVID-19) around the globe, its horticulture industry is already feeling the pinch as airlines temporarily suspend flights to potential …
Read More »Patrick Mweheire’s new Stanbic task
Stage set for competition with other regional commercial banks Kampala, Uganda | ISAAC KHISA | Patrick Mweheire, the former Chief Executive at Stanbic Bank Uganda, is considered to be one of the best brains within banking sector circles. This view is supported by his stellar performance at the bank where …
Read More »Telecoms take the heat to traditional Pay-TV firms
Television still dominates the content space Kampala, Uganda | ISAAC KHISA | Telecom firms are slowly taking the battle for consumers to traditional Pay TV’s door step with the matching of the rival’s content either through partnerships or own content plays. MTN Uganda unveiled the YOTV in partnership with Al …
Read More »BATU rewards URA more than its shareholders
Huge taxes will continue to water down dividends Kampala, Uganda | ISAAC KHISA | Have you ever imagined running a company that hands over a huge chunk of its revenue to government as tax compared to shareholders’ dividends? This is the situation that managers at the British American Tobacco Uganda …
Read More »UNOC to invest $840m in oil and gas sector
Uganda discovered oil in 2006 but disagreements between the government and oil companies have stalled its development Kampala, Uganda | ISAAC KHISA | Uganda National Oil Company (UNOC) plans to invest $840million in joint infrastructure projects in the country’s oil and gas sector, said its Chief Executive Officer, Proscovia Nabbanja. …
Read More »Isimba Dam changing the face of Kayunga, Kamuli
The government needs to invest in tourism and fishing activities near the dam Kampala, Uganda | ISAAC KHISA | Returning to Kayunga District after nearly a decade of absence, one could easily be astonished with the rapid transformations. The once dusty and potholed roads as well as the run-down structures …
Read More »Kampala tenants opt for small office space
Rental rates are expected to drop as supply exceed demand Kampala, Uganda | ISAAC KHISA | Rent for office space in prime locations in Kampala City has recorded a 10% decline as tenants opt for small space, latest data from property agency, Knight Frank shows. Rent has dropped to as …
Read More »Majid Al Futtaim opens Carrefour store in Kampala
This development will stir competition in the country’s retail business Kampala, Uganda | ISAAC KHISA | Carrefour franchisee in the Middle East, Asia and Africa, Majid Al-Futtaim, has opened a store in Kampala, stepping up competition for shoppers in the country’s lucrative and less developed retail chain industry. Majid Al-Futtaim, …
Read More »Coffee export earnings drop
UCDA is hopeful that farmers will reap more in 2020 Kampala, Uganda | ISAAC KHISA | Latest figures indicate that Uganda’s coffee export earnings dropped in 2018/19 season (October-September) but the regulator is optimistic that the industry performance will rebound in 2019/20 season. Coffee, the country’s second largest commodity export …
Read More »Companies, businesses expect a better 2020
But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …
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