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 …
Read More »Forget China, think local
New report by EPRC echoes global procurement experts on post-COVID business | THE INDEPENDENT | Businesses in Uganda should build new supply chains following the disruption to their old ones caused by the outbreak of the coronavirus disease, COVID-19. That is one of many takeaways from a business climate survey …
Read More »Byanyima calls for equality in COVID-19 vaccine, medicine and test kits
Kampala, Uganda | THE INDEPENDENT | UNAIDS Executive Director Engineer Winnie Byanyima has advised that COVID-19 vaccines must be free to all races in case Scientists discover one. She says World leaders must unite behind the development what she has called “a people vaccine” Byanyima in a message ahead of the …
Read More »4.4 million Ugandans could lose jobs due to coronavirus-Report
Kampala, Uganda | THE INDEPENDENT | Four million Ugandans could lose their jobs if the Coronavirus pandemic persists for the next six months, according to the business climate index published by the Economic Policy Research Centre. EPRC conducted a survey, sending questionnaires electronically to 147 businesses which are a panel of …
Read More »Radio stations struggling to generate revenue
Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has resulted in huge financial pressures on radio stations across the country with little or no revenue from advertisers, the main source of income for the broadcasters. Several businesses have come to a standstill since the lockdown which started in March. The …
Read More »Coronavirus shuts down Africa’s tourist industry
Africa’s hotels, tour operators and airlines are all reeling from the impact of coronavirus. The African Business Magazine’s Liam Taylor surveys the situation The Serena Hotel in Kampala, the Ugandan capital, is a luxurious complex of conference facilities, fine dining spaces and landscaped gardens. In normal times Geoffrey Ssejongo, a waiter, would be …
Read More »Multinationals in the time of virus: who wins, who loses
Milan, Italy | AFP | The coronavirus pandemic, set to provoke a severe global recession this year, is hitting multinational companies disproportionately. Here is a list of winners and losers, according to a study published on Tuesday from the research unit of Italian bank Mediobanca, based on results from the first quarter of 2020. THE …
Read More »Interest on loans will still count during payment holiday – BOU
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has explained that interest on loans will still count even when you have been granted a loan payment holiday during the restructuring in the coronavirus crisis. Speaking through a webinar with the Rotary Club of Kampala South on Monday evening, Dr Tumubwine …
Read More »Mukwano Industries reaps benefits of Cloud transformation
The company believes the new platform will take the business to the next level | THE INDEPENDENT | Mukwano Industries is one of the great success stories of the Ugandan business world. From humble beginnings as a general dealer in Kampala in the 1980s, the company has grown into one …
Read More »Postponing AfCFTA would be a mistake-African business leaders
But CSOs say carrying out negotiation virtually will defranchise majority of the stakeholders Kampala, Uganda | ISAAC KHISA | African Business leaders across the continent have signed a joint letter calling for the ministers and heads of state to stick to the July 1 deadline for the free trade agreement …
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