Business

Kampala, Uganda | ISAAC KHISA | Regional lender, KCB, is set to rollout agency banking by close of the year as it strives to grow profitability. This follows the lender’s approval from the Bank of Uganda, two weeks ago, in line with the new Financial Institutions (amendment) Act. Joram Kiarie, the …

But experts wonder if economy can survive local and regional political turmoil Kampala, Uganda | JULIUS BUSINGE | There is some good news for Uganda’s economy finally. The Central Bank’s latest annual report shows a sharper GDP growth in 2016/17 than had earlier been estimated. The FY2016/2017 growth figures released on …

Kampala, Uganda | THE INDEPENDENT | Uganda has been commended for prioritizing infrastructure development especially energy and the road network which is a recipe for boosting regional trade. The Common Market for Eastern and Southern Africa (COMESA) Council of Ministers meeting opened by Vice President of Zambia Inonge Wina in Lusaka …

Tokyo, Japan | AFP | Japanese car giant Nissan said Monday it would resume domestic production which was suspended following an inspection scandal. The firm said it would restart production at all plants except one in Kyoto from Tuesday. “Nissan regrets any inconvenience and concern this has caused to its valued …

The role of commercial banks and real estate developers are changing to create affordable housing for Ugandans COMMENT | Jackson Emanzi |  Uganda’s population is projected to grow from an estimated 37 million people today to 41.2 million by 2020 (Uganda Bureau of Statistics). Under Goal 11 of the United …

Kampala, Uganda | THE INDEPENDENT | Telecom firm, Vodafone, has unveiled a new offer dubbed Zaga ReMix giving customer a free S.W.I.F.T bundle for social media users. Roy Tumwizere, the head of segments at Vodafone said they envision success through technology and are therefore ever evolving alongside its customers’ needs and …

In Germany, determined switch from fossil fuels to clean, low-carbon energy meets skeptical critics Kampala, Uganda | RONALD MUSOKE | On the outskirts of Cottbus, a quiet small city in Germany’s northeastern state of Brandenburg is Drehnow, a village of about 800 people. On this warm October afternoon, one sees a …

RWANDA: Strategists to use robust analytical tools Kampala, Uganda | THE INDEPENDENT | A team of Rwandan energy experts have completed a three-week training course hosted by the International Atomic Energy Agency (IAEA) that will, hopefully, help shape the future of the country’s energy mix. According to a statement issued by …

Beijing, China | THE INDEPENDENT | The Government of the People’s Republic of China has agreed to support Uganda’s customs modernization project with a grant worth $30m( RMB 200,000,000). The Sh109 billion grant will support the capacity of Uganda Revenue Authority (URA) to acquire latest technologies in the form of …

Kampala, Uganda | THE INDEPENDENT |  Tanzania president Joseph Pombe Magufuli will visit Uganda this week to seal cooperation in areas of transport, power and oil. His 3-day State Visit will climax with laying of the second foundation stone for the East African Crude Oil Pipeline in Hoima on Saturday. …