Business

BoU, UEDCL and Mandela National Stadium listed amongst those in red Kampala, Uganda | JULIUS BUSINGE | Uganda’s state-owned enterprises seem to be bleeding.  The latest Auditor General’s report shows that five out of the 29 state owned enteprises recorded losses in the recent two consecutive years. They include; Bank of …

  Kenya’s Jambojet makes maiden flight to Uganda today Nairobi, Kenya | THE INDEPENDENT | Nairobi based budget airline Jambojet today expands its wings in East Africa with the launch of a double daily flight between Nairobi and Entebbe. Among the passengers on the inaugural flight that took off shortly before …

Kampala, Uganda | JULIUS BUSINGE | Over 600 people had registered by Feb.14 to attend the 4th World Customs Organization Authorised Economic Operators Conference to be held in Kampala from March 14 – 16 at Serena Hotel. AEO is a trade facilitation program which URA uses to ease trade. Under …

Kampala, Uganda | RONALD MUSOKE | Susan Eckey is Norway’s ambassador to Uganda. She spoke to The Independent’s Ronald Musoke on the growing bilateral relations between the two countries. Tell us about your impressions of Uganda since you arrived in 2015? Uganda is my first posting as a bilateral ambassador. I …

Kampala, Uganda | JULIUS BUSINGE | Players in the coffee sector in Uganda and beyond have spoken out on what needs to be done for the crop to yield more tangible benefits to the people and the economy at large. Speaking at the African Fine Coffees Association Sustainability Day at Serena …

Kampala, Uganda | JULIUS BUSINGE | Officials from Uganda Coffee Development Authority (UCDA) are optimistic that the discussions and resolutions that will emerge from the 16th African Fine Coffee Conference and exhibition week will support Uganda’s big coffee sector targets. The conference that runs from Feb.14-15, will be held in Kampala …

Frankfurt am Main, Germany | AFP | German sportswear firm Puma on Monday reported record revenues in 2017, with celebrity sparkle from Rihanna and the football World Cup set to maintain the leaping-cat brand’s appeal into 2018. Net profit at the Bavaria-based company more than doubled last year, reaching 135.8 …

Kampala, Uganda | IAN KATUSIIME | Jaffar Tonda is the Team Leader at Synergy Partners, a real estate developer. He spoke to Ian Katusiime about the real estate sector in Uganda and its prospects. As Team Leader at Synergy Partners, what’s your leadership style like? Mine is more macro based, where …

Young entrepreneur exploits well-kept secret Kampala, Uganda | ANDREW S. KAGGWA | That Uganda has the largest single owned cocoa farm in Africa is perhaps one of the best kept secrets – and Stephen Sembuya, the co-owner of the cocoa trading and processing firm Pink Foods Industries, was born into it. …

Kampala, Uganda | THE INDEPENDENT | African carriers’ posted the fastest growth in year-on-year freight volumes, up 15.6% in December 2017 and a capacity increase of 7.9% boosted by strong growth in Africa-Asia trade, latest data from the International Air Transport Association (IATA) shows. This contributed to an annual growth …