Friday , September 20 2024
Home / Business (page 488)

Business

Business news

UIA’s revolving door

Investment agency is hunting for a new ED as it waits for IGG report on restructuring Kampala, Uganda | IAN KATUSIIME | After making a detailed presentation about investment licensing at a breakfast meeting, Basil Ajer, the Acting Executive Director of Uganda Investment Authority (UIA), held his breath and said he …

Read More »

Now, S.Africa’s ex-president Zuma backs fired tax boss

Johannesburg, South Africa | AFP |  South Africa’s former president Jacob Zuma on Tuesday threw his weight behind the ex-head of the country’s tax collection agency who was recently sacked by President Cyril Ramaphosa. The move pitted Zuma directly against his successor Ramaphosa, who came to power in February when …

Read More »

New facility to boost Kampala’s waste management

Kampala, Uganda | AGNES E NANTABA | Rodney Mukula is the managing director of the Kampala based Asante Waste Management Limited. He spoke to The Independent’s Agnes E Nantaba about challenges of waste and plastic management and the probable solutions in Uganda. What are the key elements in your management philosophy? …

Read More »

Bitcoin falls below $5,000 for first time since Oct 2017

London, United Kingdom | AFP | The value of bitcoin slipped Monday below $5,000 (4,367 euros) for the first time since October 2017 as volatility returned to the cryptocurrency market. Data compiled by Bloomberg showed the world’s most popular virtual currency losing about 10 percent of its value from Friday …

Read More »

Jumia rewards winners for its Black Friday campaign

Kampala, Uganda | JULIUS BUSINGE | Four lucky customers for online shop company, Jumia have won themselves goods line up for Black Friday campaign, officials said on Nov.19. The items won included two television sets, a mobile phone and one fridge. The winners are: Luis Paul, Enoch Jacob Masinde, Richard Kalule …

Read More »

Vivo Energy launches new fuels

Kampala, Uganda | JULIUS BUSINGE | Fuel distributor, Vivo Energy Uganda has launched new fuels with additives to give motorists best and extra levels of performance. Speaking to motorists during a tour of the company’s depot in Namuwongo near Kampala city on Nov.12, Gilbert Assi, the company’s managing director said the …

Read More »

New app to boost market women

Busy customers will no longer have to drive to markets for foodstuffs Kampala, Uganda | IAN KATUSIIME | A new app to be launched next month will boost the fortunes of market women who operate in areas like Nakawa, Kalerwe, Ntinda and Nakasero. The app is meant to eliminate the role …

Read More »

ICPAU names NSSF winner of top financial award

Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) was on Nov. 14 declared the overall winner of the 2018 financial reporting awards organised by the Institute of Certified Public Accountants of Uganda (ICPA-U) at Serena Hotel, beating several other participants. The organisers said the Fund won because …

Read More »

MTN unveils Shs1bn fund for innovators

Kampala, Uganda | JULIUS BUSINGE | Wim Vanhelleputte, the MTN Uganda CEO says that they have committed Shs1billion commitment towards the MTN Startup Fund which forms part of their ambition to continue supporting local innovators. In a press release, Vanhelleputte encourages as many startups as possible to participate in the several …

Read More »