Kampala, Uganda | THE INDEPENDENT | For a long time, small-scale farmers have been left on the side lines of agriculture to fend for themselves. This is because of the misconception that these small-scale farmers produce very little, so they have no impact on the economy. How misguided. In fact, …
Read More »StanChart Uganda gets top BOU award
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Governor Emmanuel Tumusiime Mutebile has handed Standard Chartered (StanChart) Bank an award for emerging the Best Performing Commercial Bank in government securities for the month of May 2018. The award was handed out after the BOU governor’s monthly meeting with the …
Read More »RWANDA: Tap & Go firm eyes expansion
Upcountry destinations within Rwanda, more cities across Africa targeted Kampala, Uganda | STEPHEN NUWAGIRA | AC Group, the firm behind the Tap & Go e-payment system on public transport buses in Kigali now plans to expand both within and outside the country. AC Group chief executive officer, Patrick NsengaBuchana, says the …
Read More »Uganda’s ambitious revenue target for FY 2018/19
URA to collect Shs16.3tnas experts worry about some proposed taxes Kampala, Uganda | ISAAC KHISA | Newly proposed taxes and enhanced revenue collection measures could help the taxman collect an additional Shs1.9trillion to hit the new Shs16.3trillion revenue target. The government has tasked the Uganda Revenue Authority (URA) to collect more money in …
Read More »Uganda going deeper into debts
Why government must listen and act on economic expert views Kampala, Uganda | JULIUS BUSINGE | How much public debt can the Ugandan government afford? Nobody seems to be having the right answer even as the government continues to borrow, sinking the country deeper into more debt. While reading the national …
Read More »New AIDs vaccine trials give hope to scientists
AIDS: Four vaccines reach highest level of testing ever Kampala, Uganda | FLAVIA NASSAKA | HIV/AIDS prevention researchers at the Medical Researcher Council (MRC) are excited about two upcoming vaccine trials. The two trials; a PrepVac and a mosaic concept study will start in December and January 2019 respectively. The …
Read More »Why companies are not listing on the stock market
In the last three years, seven have applied but none has met the criteria Kampala, Uganda | JULIUS BUSINGE | Listing on a stock market is a big step for any company. From being privately owned, it becomes public. This would imply that the company expands its operations using capital raised …
Read More »Kigali job hunters need to change attitude
Next generation of 200,000 jobs requires more than just going beyond farms Kampala, Uganda | STEPHEN NUWAGIRA | Damascene Tuyisenge is a graduate teacher. But he had failed to get a job – until he enrolled at Kigali Employment Service Centre (KESC), a government entrepreneurship training facility in the Rwandan …
Read More »ITC boosts Uganda’s tech companies
Kampala, Uganda | THE INDEPENDENT | The International Trade Centre, a joint cooperation agency of United Nations Conference on Trade and Development (UNCTAD) and World Trade Organisation charged with the responsibility of development trade, has unveiled a new project aimed at increasing competitiveness of Uganda’s technology companies. Based in Geneva, …
Read More »Teso Fruit Factory set for launch finally in August
Soroti, Uganda | THE INDEPENDENT | Dry tests at the Teso Fruit Factory in Soroti indicate it will finally be ready for launch before the end of this year. Trade Minister Amelia Kyambadde, members of the Board of Uganda Development Corporation, Leaders of Teso Region, farmers and other stakeholders toured …
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