Business

Ugandan traders battle Chinese, Indians, over lucrative business Kampala, Uganda | ANDREW S. KAGGWA | A row has developed between the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and fish exporters on one side and fish traders on the other over the sale of fish maws. Siraje Walusimbi, an executive …

kampala, Uganda | JULIUS BUSINGE | Over 500,000 customers have signed up for MyHospital and MyLife micro-insurance covers offered by aYo Uganda Limited since opening shop in Uganda in Sept. 2016. This was confirmed by the firm’s Chief Executive Officer, Edwin Kwesiga. aYo Uganda is a subsidiary of aYo Holdings Limited, …

Fund’s customer satisfaction rate has grown from 49% seven years ago to 92% as at the end of last December Kampala, Uganda | THE INDEPENDENT | Once again, Uganda’s National Social Security Fund (NSSF) held its Annual Customer Connect Week with a number of activities including financial literacy trainings, investments and …

Kampala, Uganda | THE INDEPENDENT | Coffee roasters and buyers flocking to Kenya in their annual pilgrimage for the pick of the crop have driven average prices for the beans to the highest level in three years. The cost of a 50-kilogram bag of AA grade coffee fetched $679 at …

Telecoms protest State House move to monitor business Kampala, Uganda |  HAGGAI MATSIKO | A fight is raging between telecom operators on one side, and the Uganda Communications Commissions (UCC), the Uganda Police Force, and State House on the other, over moves to monitor the Shs44 trillion mobile money business. At …

Kampala, Uganda | THE INDEPENDENT | Uganda’s beverage company, Coca- Cola has launched a new drink – Fuze Tea – a unique blend of tea extract and fruit flavors created through a process that ensures a delightful fusion of tea, fruit, herbs and other natural ingredients. Launched on Feb.12 at …

 MTN reduces data rates Kampala, Uganda | THE INDEPENDENT | MTN Uganda has revised data rates to continue the drive towards ensuring offering affordable internet to Ugandans. The reduction in data is expected to drive further internet connectivity, facilitate business growth and enable communication through internet-based channels. The rate reduction, according …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank has allocated Shs- 500bn to boost agriculture financing this year, according to the lender’s head of agribusiness and agricultural finance, Evans Nakhokho. Nakhokho, who was speaking during the 16th African Fine Coffee Conference and Exhibition in Kampala on Feb 15, said the …

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. COVER STORY Fight over Shs44 trillion mobile money: Telecoms protest State House move to monitor business. THE LAST WORD The problem with Africa: If our countries remain poor, it’s because its leaders and elites are too …

Kolwezi, DR Congo | AFP | In global markets the price of cobalt, a mineral used in batteries for high-tech products from iPhones to Tesla electric cars, has nearly tripled to $81,500 a tonne in two years. But in the Democratic Republic of Congo, which produced two-thirds of the global …