Business

What local businesses need to reap from the lucrative sector Kampala, Uganda | JULIUS BUSINGE | There is need for partnerships, connections, networking, trust, perseverance, access to credit, and promising what you can deliver. These were the messages that most speakers that took part in Stanbic Bank’s second edition of …

Nearly two years ago, the holder of Sadolin franchise in East African sold its business to a Japanese paint maker, Kansai Plascon. But for fear of losing market share, Sadolin brand owner – AkzoNobel – based in the Netherland handed over the license to the rival firm Crown Paints to …

  Kampala, Uganda | THE INDEPENDENT | Electricity consumption in Uganda increased by 9.1 per cent in 2018, according to Umeme, the country’s major power service provider. According to Umeme’s financial results for 2018 published Monday,  the electricity distributers sold 3,011 Gigawatt hours of electricity from the 2017 out-turn of …

Kampala, Uganda | THE INDEPENDENT | A section of Ugandan traders who were un paid for the supply of goods in South Sudan have demanded that their dues are settled by the Ministry of Trade, not the Ministry of Finance, where the Minister has rubbished their claims. The traders led …

⬆ Customer connections – 1.3M ⬆ Electricity Sales by 9.1% -Ugx1.6Trillion ⬆ EBITDA by 8.9% -Ugx354 billion ⬆ Net Cash Flow from Operations by 31% -Ugx395 billion ⬆ Capital Investments Ugx231 billion Kampala, Uganda | THE INDEPENDENT | Uganda’s main electricity distribution company Umeme have registered growth in several sectors in financial performance for …

MD shown exit as sales and marketing manager faces investigations over misconduct Kampala, Uganda | ISAAC KHISA | Kansai Plascon Uganda Limited has over the last couple of months hosted several senior executives from the parent company, Kansai Paint, based in Osaka, Japan. The executives’ stopover climaxed on Feb. 05 …

Masaka, Uganda | THE INDEPENDENT | Engineers have expressed fear that the section of Kampala-Masaka highway from Lwera Swamp might be scouring from underneath. This follows the appearance of a huge hole that developed into the road on Thursday evening causing concern that the entire section might collapse. The hole developed …

Kampala, Uganda | THE INDEPENDENT | Works and Transport Minister Monica Azuba Ntege has warned that Uganda risks consequences if the money required to secure two Bombardier planes from Canada is not availed. The Minister together with other ministry officials were this afternoon appearing before Parliament’s Budget Committee which is …

    Nakasongola, Uganda | THE INDEPENDENT | The price of meat has drastically fallen in Nakasongola district as scores of cattle die on a daily basis due to lack of water and pasture. A kilogram of meat now costs 1000 Shillings, down from 10,000 Shillings, while a cow goes …

Entebbe, Uganda | THE INDEPENDENT | Twelve pilots of the awaited Uganda Airlines planes will each earn 42 million Shillings every month. Their co-pilots 12 in number will receive a monthly payment of 38 million Shillings per month, Uganda Radio Network-URN has learnt   The money will be in addition …