Business

Frankfurt am Main, Germany | AFP | German carmakers are showing off their self-driving cars at the IAA international auto show in Frankfurt, but most people in the car-mad country have yet to be convinced by the technology. Curious visitors to the biennial trade fair, which lasts until September 24, can …

Geneva, Switzerland | AFP | If someone tells you they flushed more than a hundred grand down the toilet, chances are they’re referring figuratively to a bad investment, or an outrageous extravagance. But in Switzerland, prosecutors have opened an investigation into why two people literally tried to cram about 100,000 euros …

  Sanlam moves to take-over Lion Assurance: Industry regulator says merger is major boost to local industry Kampala, Uganda | ISAAC KHISA | South Africa-based financial services firm, Sanlam, controls just 2% of Uganda’s insurance business but it has shown its determination to upgrade its market share with the planned …

Kasoma’s beautiful, environmental friendly alternative to metallic bicycles  Kampala, Uganda | ANDREW S. KAGGWA | Jesus Christ on a wooden bicycle! That is an expression often used to show surprise, shock and disbelief. It could easily come to mind, for example, once someone tells you that there are bicycles made …

Kampala, Uganda | JULIUS BUSINGE |The Institute of Certified Public Accountants of Uganda (ICPAU) has this Monday (Sept. 18) released the August 2017 Certified Public Accountants of Uganda – CPA (U) course results indicating 3.1% pass rate decline when compared with the June 2017 examinations. While releasing the results in …

London, United Kingdom | AFP | True to its roots, Versus Versace brought the glamour to London Fashion Week on Sunday, a daring appetiser ahead of the keenly anticipated return of Armani to the British capital. Versus, the Italian brand’s laid-back line, transformed the city’s Central Saint Martins college, a hub …

  Mark Ocitti is the managing director at Uganda Breweries Limited. He spoke to The Independent’s Julius Businge on the sidelines of a joint roundtable press briefing held in Kampala recently. You have spent a year at UBL. What experiences have you noted so far? I inherited a great team …

THIS WEEK: Umeme’s Babungi wins CPA Award  Kampala, Uganda | THE INDEPENDENT | Umeme’s Managing Director, Selestino Babungi, was awarded the Certified Public Accountants of the year Award for the 2017 Financial Reporting Awards. The awards were organized the Institute of Certified Public Accountants of Uganda (ICPAU) aimed at enhancing …

THIS WEEK: Rise in orders gives hope to Uganda’s private sector Kampala, Uganda | THE INDEPENDENT | Uganda‘s private sector has continued to register an increase in both output and new orders for the seventh consecutive month during August. The latest Stanbic Bank’s Purchasing Managers’ Index (PMI), which is based …

THIS WEEK: EU to invest Shs420bn in SME’s Kampala, Uganda | THE INDEPENDENT | The European Union plans to invest over Shs 420 billion in small and medium enterprises that are environmentally friendly in the coming few years, according to the Union’s head of cooperation in Uganda, Cedric Merel. Merel, …