Kampala, Uganda | THE INDEPENDENT | Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing United States shale oil production, according to the World Bank’s Senior Economist John Baffes. …
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Foreign Minister fingered in dodgy deal in Seychelles Kampala, Uganda | HAGGAI MATSIKO | Days after it emerged that Foreign Affairs Minister Sam Kutesa set up a company in a tax haven, the move continues to be scrutinised. Apparently, in 2012 Kutesa hired Appleby, a company renowned for creating offshore account …
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Kampala, Uganda | GODFREY SSALI | Principle Judge Yorakamu Bamwine has taken over as mediator in a high-profile case between businessman Sudhir Ruparelia and Bank of Uganda (BOU). Justice Bamwine’s appointment comes after the parties in the case rejected the earlier appointed mediator Harriet Magala. The two parties have said they …
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Kampala, Uganda | THE INDEPENDENT & AFP | Improved bilateral relations plus the recent lifting of tough economic and trade sanctions on Sudan look set to improve Uganda-Sudan trade. The coffee and airlines businesses are already reaping, if talks between visiting Sudan President Omar Al-Bashir and host President Yoweri Museveni are …
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Why the private sector’s hype about the consumer habits of the African middle class isn’t helpful COMMENT | HENNING MELBER | The African middle class is of huge interest to business. This was confirmed again recently by well attended seminars in South Africa’s big cities to discuss “African Lions: groundbreaking study on the …
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Kampala, Uganda | THE INDEPENDENT | Online shopping platform, Jumia, has widened payment options for its customers through partnership with Barclays Bank. This is to enable online shoppers pay for their goods and services using Barclays Bank credit cards at the point of delivery to enhance convenience. Initially, customers were limited …
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Kampala, Uganda | JULIUS BUSINGE | Century Bottling Company Limited, a franchise bottler and distributor of Coca Cola Products in Uganda, has taken on Hariss International Limited’s Rock Boom and Pepsi Cola’s Sting with a low-cost energy drink in a move likely to stir competition in the energy drinks segment. The …
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Kampala, Uganda | THE INDEPENDENT | President Omar Al-Bashir of Sudan is in Uganda for a two-day state visit November 13-14, 2017. Bashir and his host President Yoweri Museveni will discuss a number of areas of cooperation including trade and investment, agriculture, regional peace and security as well as international …
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Kampala, Uganda | THE INDEPENDENT | Real estate developers will have to apply for construction permits from Kampala Capital City Authority on online effective 2018. Moses Kanuniira, the Director of Physical Planning at KCCA said online permit processing has been tested in other sectors such as transport and it is time …
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Accra, Ghana | AFP | Ghana’s “long and arduous journey” to boost offshore oil exploration and extraction will be fuelled with billions of extra dollars after a key court victory over Ivory Coast. Thanks to efforts by successive governments and conquering lawyers at the International Tribunal on the Law of the …
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The Independent Uganda: You get the Truth we Pay the Price