Kampala,Uganda | THE INDEPENDENT | Small and Medium Enterprises in Uganda are restraining from accessing credit facilities due to high processing fees. This was revealed during a recent workshop organized by Enterprise Uganda in Kampala. “When you ask for a loan, they choose their own surveyors whom they pay by deducting …
Read More »MTN to reward Mobile Money customers
Kampala,Uganda | THE INDEPENDENT | MTN Uganda has unveiled Mobile Money Month aimed at creating a platform to gather feedback from customers, resolve customer issues, carryout product education and reward customers across various touch points. The MTN Mobile Money service has been in operation for the last eight years and now …
Read More »GOtv to spend Shs100million on customers in the new promotion
Kampala, Uganda | THE INDEPENDENT | GOtv Uganda, a subsidiary of MultiChoice, plans to spend Shs100 million to its customers in a new campaign dubbed Kwata Kavu to reward, appreciate and encourage their loyalty. “Our primary focus this year as a brand has been on our customers, who we intend to reward …
Read More »Ugandan dam gets US$29million refinancing package
Kampala, Uganda | THE INDEPENDENT | Emerging Africa Infrastructure Fund (EAIF) and the Dutch Development Bank (FMO), will provide US $29.3 million to refinance the 13 MW Bugoye hydro-electric power station in Kasese, western Uganda. Bugoye has been generating electricity since 2008 and this power is being feed into the …
Read More »Fresh Dairy registers 60% growth export earnings
Kampala, Uganda | THE INDEPENDENT | Milk processing firm, Fresh Dairy, grew its export earnings by 60% to US$16million (Shs92.5bn) last year on the back of improved quality of products. Fresh Dairy’s Director of Milk Procurement ,John Gethi, said the company is working with over 80 farmers’ groups countrywide and …
Read More »OTAFIIRE: I had no authority to give away Jinja government property
Kampala, Uganda |JULIUS BUSINGE | Justice and Constitutional Affairs Minister Gen. Kahinda Otafiire on Thursday appeared before the land commission of inquiry to defend his role in the illegal giveaway of government property in Jinja, Eastern Uganda. According to information available before the commission, Otafiire, who was in 2011 the Minister …
Read More »Japanese company completes Sadolin paints acquisition in East Africa
Kampala, Uganda | JULIUS BUSINGE | Sadolin Paints Uganda Limited has been acquired by Kansai Plascon Africa Limited; a subsidiary of Japan based Kansai Paint Company, officials representing the two companies told journalists at the company’s US$10 million plant at Namanve Industrial Hub – outside Kampala city on Aug. 03. Officials …
Read More »NEYMAR: Done deal
Neymar signs five-year contract with Paris Saint-Germain Paris, France | AFP | Neymar completed his world record transfer to Paris Saint-Germain on Thursday when he signed a five-year contract, the French club announced. The 25-year-old Brazilian earlier broke his contract with Barcelona by paying a 222 million-euro ($264 million, £201 …
Read More »Latest Dow landmark comes as Trump agenda languishes
New York, United States | AFP | The Dow hit another milestone Wednesday, ending above 22,000 points for the first time following another round of strong earnings that have overshadowed the lack of progress on President Donald Trump’s agenda. Trump himself claimed credit for the surge, noting on Twitter Tuesday that …
Read More »Now, Spanish league stall Neymar move
Barcelona, Spain | AFP | Spain’s football league refused to accept a 222 million euro ($260 million) cheque on Friday in a new twist to Neymar’s ‘transfer of the century’ from Barcelona to Paris Saint-Germain. Representatives of the 25-year-old Brazilian were turned away from the Madrid headquarters of La Liga …
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