Business

Beyond the clapping and ululation in Kigali, can the ACFTA be implemented? Kampala, Uganda | RONALD MUSOKE | After close to 30 years of negotiations, 44 African states finally agreed to establish a single market to ease buying and selling of African-made goods and services. That leaves out 11 countries; …

New York, United States | AFP | Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming. In one of the largest public offerings ever in the tech sector, Spotify on …

Kampala, Uganda | THE INDEPENDENT | John Peter Mujuni is the Executive Director of Micro finance Support Centre, a government institution charged with providing affordable financing to SMEs. He spoke to Joseph Bahingwire about their new financial services linked to Shariah law. How has been the uptake of Islamic Micro Financing …

Kampala, Uganda | JULIUS BUSINGE | Using right data tools and solutions in running businesses can lead up to over 50% growth of that entity in all segments, according to KPMG, an audit firm operating in Uganda and beyond. The firm is courting businesses to use advanced methods of managing …

New York, United States | AFP | The US Securities and Exchange Commission on Monday laid charges over a fraudulent cryptocurrency fundraiser that boxer Floyd Mayweather and rapper DJ Khaled touted on social media. Neither celebrity is accused in the scheme which the SEC said raised more than $32 million from …

But the public debt has increased by 9.4% to hit Shs 37.9trillion Kampala, Uganda | ISAAC KHISA | Uganda’s optimism in the first quarter of the Financial Year 2017/18 has been replaced with fear of a slow growing economy. The Central Bank’s latest quarterly report dubbed ‘State of the Economy’ …

Meeting raises hope for improved relations between Kampala and Kigali Kampala, Uganda | RONALD MUSOKE | A recent one-day state visit by Rwandan President Paul Kagame to Uganda on March.25 has raised hopes that relations between the two countries might return to normalcy again after several months of heightened tensions. …

Kampala, Uganda | JULIUS BUSINGE | Fuel and other lubricants distributor, Vivo Energy Uganda Limited, has expanded its coverage by opening seven new service stations. The new service stations, which started operations at the end last year, includes; Kakiri, Kira Town, Kyengera, Gulu Highway, Nebbi, Namusera and Lyantonde. This puts the …

Kampala, Uganda | THE INDEPENDENT | Uganda’s Ambassador in Beijing  Dr. Chrispus Kiyonga has encouraged Chinese enterprises to invest in Uganda because the country offers many opportunities and is friendly. Dr. Kiyonga said this during a visit to Shenyang and at a conference co-organised by the Uganda Embassy, the Liaoning Provincial authorities …

  Details of Museveni meeting Blow-by-blow account of fight wrecking central Bank Kampala, Uganda | HAGGAI MATSIKO | Emmanuel Tumusiime Mutebile, 69, the Governor and his Deputy, Louis Kasekende, 59, have until recently been seen as major pillars of Bank of Uganda (BoU). One has been credited for building the foundations …