Analysts say carrier will struggle to compete at fair rates and service Kampala, Ugannda | THE INDEPENDENT | Uganda’s national flag carrier, Uganda Airlines, has again announced that it will commence commercial flights at the end of this month. The airline officials say the carrier received an operating licence, commonly …
Read More »US-African trade lagging despite free access, forum hears
Abidjan, Ivory Coast | AFP | Trade between the United States and sub-Saharan Africa is in the doldrums despite a 2000 US law designed to boost access the American market, a conference in Ivory Coast has been told. The African Growth and Opportunity Act, which in 2015 was extended to 2025, …
Read More »Accountants tip government on economic growth
NPA boss says the country has undergone structural change but not structural transformation Kampala, Uganda | JULIUS BUSINGE | Patronella Namubiru, the associate director in charge of tax at the audit firm, Deloitte Uganda, spoke passionately about the prospects of Uganda’s economy at the 7th CPA Economic Forum held at …
Read More »Cruising on the Zambezi
Lessons aplenty for Uganda from Zimbabwe’s water tourism Victoria Falls, Zimbabwe | RONALD MUSOKE | On a sunny late afternoon, Victor Madzimbamuto, 50, our boat captain welcomes us aboard Dighani Tours, a mid-sized vessel that is in effect a floating bar for patrons as they cruise on the Zimbabwean section …
Read More »Uganda Airlines takes off August 28, offers promo fares
Uganda airlines new bombardier 💠Uganda airlines FARES ✳Nairobi Return $278 ✳Juba $225 ✳Mogadishu $590 ✳Dar $ 286 ✳Bujumbura $292 ✳Mombasa $325 ✳Kilimanjaro $311 Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines has set August 28, 2019, as the official date for the company’s maiden commercial flights to Nairobi, Juba, Mogadishu …
Read More »Refinitiv, BOU and ACI enhance market transparency in Uganda
BOU, ACI move to work with Refinitiv, further cements Uganda’s efforts to attract long-term foreign direct investments Johannesburg, South Africa | THE INDEPENDENT | Refinitiv, the Central Bank of Uganda BOU, and the ACI Financial Markets Association of Uganda have announced that they will be working together to strengthen Uganda’s trade …
Read More »Vivo’s move to end road carnage
Fuel distributor Vivo Energy Uganda is optimistic that road carnage in Uganda can reduce once all players cooperate. Kampala, Uganda | JULIUS BUSINGE | Speaking at the second Road Safety Summit held at Sheraton Hotel in Kampala on July 23, Gilbert Assi, the company’s managing director said that their overall …
Read More »Solving UTL puzzle
Experts say Bemanya should stay but government should focus on recapitalising the telecom firm Kampala, Uganda | JULIUS BUSINGE | Debts, poor corporate governance, fights, politics and ageing infrastructure have taken centre stage in debates surrounding Uganda Telecom Limited. Bemanya Twebaze, a Ugandan lawyer and corporate executive, who has …
Read More »Huawei says revenue surges despite US sanctions
Shenzhen, China | AFP | Huawei’s sales unexpectedly rose in the first half of the year, company figures showed Tuesday, as executives admitted US sanctions would bring further challenges in the coming months. The Chinese tech giant has been under immense pressure this year as Washington has lobbied allies worldwide to …
Read More »We will use our staff to maintain power dams -UEGCL
The Uganda Electricity Generation Company Limited in partnership with government and development partners is working to train all its 100 staff in the Operation and Maintenance Unit to be able to run the power dams. Kampala, Uganda | JULIUS BUSINGE | These dams in question include; the newly commissioned 183MW …
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