Madrid, Spain | AFP | Ending weeks of speculation about his future, Cristiano Ronaldo has told a Spanish newspaper he is staying put at Real Madrid to plunder more silverware. “To win important trophies with my club and the personal honours last season was brilliant, to do it again …
Read More »Rwanda concludes agreement for new Bugesera Airport
Bugesera: Worth approximately US$ $700 million, the project is designed to be executed across four phases With the backing of the African Legal Support Facility, the Government of Rwanda has taken a concrete step toward becoming a transportation hub for the East African region with the signing of …
Read More »BUSINESS: New MTN data offers
UCC agrees to meet company officials over concerns raised by customers Kampala, Uganda | JULIUS BUSINGE | On July 4, Uganda’s largest telecommunication firm; MTN, announced changes in price and volumes for some of its internet (data) packages resulting in concerns by customers and the regulator, the Uganda Communications Commission. …
Read More »Museveni launches Kkubiri Furniture Makers Development Initiative
Kampala, Uganda | PPU | President Yoweri Kaguta Museveni has this morning launched the Kkubiri Furniture Makers Development initiative,workshop. The furniture makers group has been supported by the President through his office, equipping their workshop with modern furniture making equipment. The KKubiri Furniture Makers Development Initiative has a membership of over 1000 people organised …
Read More »BOOK REVIEW: Africa’s Industrialization & Prosperity
Book Review: David Sseppuyya on ‘Why no prosperity in Africa?’ Title: Africa’s Industrialization & Prosperity: From Esau Syndrome to Structural Adjustment Author: David Ssepuuya Publisher: Mwesigwa Foundation Available: Leading Bookstores Why is Africa, which is always said to be so endowed with natural resources, so poor? In a new book …
Read More »ICPAU forum says BUBU policy will boost local businesses
Entebbe, Uganda | JULIUS BUSINGE | Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …
Read More »BUSINESS: Vimto returns to Ugandan market
But there’s fear the new beverage may cannibalize some of its sister products Kampala, Uganda | ISAAC KHISA | Vimto, a global beverage brand, has made a comeback to the Ugandan market after the British manufacturer; Nichols offered licensing terms to Century Bottling Company Limited, a franchise bottler and distributor of Coca …
Read More »URA Sh500bn short of target but sees 13% growth in revenue for FY2016/17
URA Sh500bn short of target but collects 12.7 trilltion- 13% growth in revenue for FY2016/17 Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has today officially released its revenue performance for FY2016/17 indicating a 13.2% growth in revenue collection compared to the year before. According to the revenue performance report, Shs 12.7 trillion …
Read More »Lack of IDs cut sim card sales -Airtel MD
Anwar Soussa is the managing director for Airtel Uganda. He spoke to The Independent’s Julius Businge about Airtel business and Uganda’s telecom sector. You have been here for a year now as the Airtel MD. What is your general assessment of the telecommunication business in Uganda? Telecommunication business in Uganda …
Read More »The secrets behind the Sudhir saga
How BoU is overseeing the biggest asset grab ever Kampala, Uganda | HAGGAI MATSIKO | On July 3, Crane Bank which is under receivership by Bank of Uganda (BoU) sued its former owner, Sudhir Ruparelia, and a company called Meera Investments Ltd also owned by Sudhir in what might turn …
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