The telco is said to have agreed to pay $100-million for the renewal of its operating licence Kampala, Uganda | ISAAC KHISA | A double digit growth in data and mobile money services helped MTN Uganda to record a 12.5% growth in revenue to Shs1.4trillion last year compared with 2018. …
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Luweero, Uganda | THE INDEPENDENT | Several traders and proprietors of restaurant in Luweero Taxi Park are crying foul following the ban on public transport. On Wednesday, President, Yoweri Museveni announced a 14-day travel ban on public transport to curtail the spread of Coronavirus disease (COVID-19) in the country. On Thursday, taxi …
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Kampala, Uganda | THE INDEPENDENT | The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has said that shops that are not within markets should not be closed. She also warned Police and Local Defence Units (LDU) teams to stop beating people, and urged traffic officers to refer those …
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Kampala, Uganda | THE INDEPENDENT | The World Bank and International Monetary Fund have called for the suspension of debt repayments for poorer countries as many of them turn to focus on battling the Coronavirus (COVID -19). In a joint statement on Wednesday night, the two multi-lateral lenders said the Coronavirus …
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Centum, East Africa’s largest publicly listed investment firm, seems to turn everything it comes into contact with into gold. James Mworia, the company’s CEO, explains to African Business Magazine’s Tom Collins what gives it the Midas touch Founded in Nairobi in 1967, Centum Investment has evolved into East Africa’s leading …
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Executives say they are in not to compete but to complement private sector investments Kampala, Uganda | JULIUS BUSINGE | Uganda National Oil Company Limited (UNOC) has started its bulk trading of petroleum products business countrywide. Under this trading, company executives say that they will import and sell petroleum products …
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The EAC member state has presented opportunities to European investors Kampala, Uganda | JULIUS BUSINGE | Trade between Uganda and European Union has over the years been critical in terms of creating jobs and strengthening the economies for the two parties. This opportunity is expected to be sustained evidenced …
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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 …
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Kampala, Uganda | Julius Businge | E-commerce firm, Jumia has announced a major partnership with Reckitt Benckiser, the global health products manufacturer to help consumers access hygienic products at the lowest price. According to a media release shared on March 20, the partnership will provide a steady supply of hygiene products such as …
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Kampala, Uganda | THE INDEPENDENT & URN | The Uganda Manufacturers Association (UMA) has promised to use the up to 7.3million liters of alcohol in the stores of their members to produce affordable sanitizers. In turn, government has committed to support their effort at maximum production by waivers on VAT …
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