Business

  Jolly Kaguhangire is the new executive director of the Uganda Investment Authority. She spoke to The Independent’s Isaac Khisa about the major reforms that await the agency. It is now a few months since you took over office as ED of UIA. What is your assessment of your performance …

Montreal, Canada | AFP |Environmentalists charged Monday that genetically modified salmon are being marketed in Canada without warning labels and called on supermarkets to withdraw them from sale. “The first genetically modified animals have arrived in the market and Canadian consumers are becoming, unwittingly, the first guinea pigs,” said Thibault …

 Tax experts say government needs to refocus its priorities Kampala, Uganda |  JULIUS BUSINGE  | Uganda Revenue Authority has good and bad news these days. The tax body is collecting more and more money but, at the same time, is failing to meet ever rising annual targets. The pattern of missed …

  Gerald Abila is the executive director of Barefoot Law. He spoke to the Independent’s Agnes E Nantaba about improving access to justice, law and order in Uganda using technology e-platforms. What are the key elements in your management style as a manager? Management is like raising a child because …

BOU denies hiding cash on foreign account in Germany Kampala, Uganda | JULIUS BUSINGE |  Bank of Uganda (BOU) has dismissed as untrue reports that it has hidden Sh10.7 billion in a bank in Germany, an issue that has been widely spread on social media in the past week. In …

New York, United States | AFP | In one recent 24-hour span, two women were pushed out of leadership roles at major US corporations, spotlighting how investor pressure can frustrate efforts to broaden diversity in the boardroom. Ellen Kullman, Meg Whitman, Mary Barra, Indra Nooyi, Marissa Mayer, Irene Rosenfeld, Sheri McCoy …

Presidents Museveni, Magufuli lay foundation stone for crude oil pipeline construction Tanga, Tanzania | PPU | President Yoweri Museveni and his Tanzania counterpart Joseph Pombe Magufuli have commissioned the construction of the 1,445km-long East African crude oil pipe line from Hoima district in Uganda to the Tanzanian port of Tanga. The …

Paris, France | AFP |  Neymar’s world record 222 million euro ($264 million) transfer fee may look expensive, but it will end up earning a great deal of money for Paris Saint-Germain, club president Nasser Al-Khelaifi insisted Saturday. Neymar, 25, is among the world’s finest players and will help the …

Kampala, Uganda | GODFREY SSALI | A New York State Judge Frank J. LaBuda has commended Uganda for coming up with a policy on promoting local content, saying this is the way to go if Uganda is to resuscitate her economy. LaBuda was meeting Trade Minister Amelia Kyambadde at her office …

Paris, France | AFP |  Brazil superstar Neymar will watch from the stands as Paris Saint-Germain open their season Saturday, but the French club have already clawed back around a million euros on their world record investment. Neymar signed from Barcelona for a mind-boggling 222 million euros ($264 million), will …