Business

Fake investors and effects of government delaying survey of mineral-rich region Kampala, Uganda | RONALD MUSOKE | Big money is coming into Uganda from mining activity in various parts of the country and more could come in, especially if Karamoja which is considered “the basket of Uganda’s minerals” is surveyed. …

The country exported highest coffee volumes in 20 years in 2016/17 season Kampala, Uganda | ISAAC KHISA | Uganda’s coffee industry seems to be recovering from low export volumes in the previous years as the newly planted crops start production amidst declining prices on the international market. Latest data from …

Taking stock of Uganda’s economy 55 years after independence Kampala, Uganda | COMMENT | SARAH LOGAN| October 9 marked 55 years since Uganda’s independence in 1962. The country’s economy has seen many changes during this time, affected by periods of political instability, civil war, fluctuating global commodity prices, and various …

Beijing, China | AFP | Chinese billionaires are boasting about their Marxist bonafides. The Communist Party is tightening its grip on state-owned companies. And foreign companies are being asked to invite party cells into their offices. Under President Xi Jinping, the country’s ruling party is muscling back into business, expanding …

  Johannesburg, South Africa | AFP | South Africa’s finance minister received some faint praise last week — not for the economy’s performance, but for admitting the country is in a dire position that is set to get worse. Malusi Gigaba delivered a mid-term budget that laid bare South Africa’s …

Kampala, Uganda | THE INDEPENDENT | Kyadondo East Member of Parliament Robert Kyagulanyi Ssentamu aka Bobi Wine on Thursday rushed to the Civil Division of the Kampala High Court to challenge a ban imposed on his musical shows by the Uganda Police. He says he has lost sh300 million as a result of …

Beijing, China | AFP |  President Xi Jinping declared China has embarked on a “new era” of challenges and opportunities on Wednesday as he opened a Communist Party congress expected to enhance his already formidable power. Xi told some 2,300 delegates at the imposing Great Hall of the People that …

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

Kampala, Uganda | ISAAC KHISA | Zimbabwe’s pay TV service provider, Kwese TV, has become the latest kid on the bloc in the provision of satellite Tv services in Uganda, with the official launch held in Kampala on Oct. 17. The firm will now tussle out with the established pay-TV providers such as …

  Robert Ssemakula is the CEO of Dmark East Africa. He spoke to The Independent’s Agnes E Nantaba about the potential of Uganda’s IT sector What are the key elements in your management style as a manager? I am a servant leader who works to solve problems for my staff. …