Business

Kampala, Uganda | ISAAC KHISA | Liquid Telecom Uganda, part of the pan-African telecoms group Liquid Telecom, has partnered with The Innovation Village, a hub and co-working space in Kampala, to support Ugandan start-ups with high-speed internet and cloud-based services. Liquid Telecom Uganda, formerly known as Infocom, will work alongside The …

But should Dr. Ha – Joon Chang’s push for more state intervention in the economy be the future? Kampala, Uganda | JULIUS BUSINGE | The guest speaker at the Bank of Uganda’s flagship annual lecture series; the Joseph Mubiru Memorial Lecture, is usually a distinguished individual in the field of finance, …

New York, United States | AFP | Bitcoin surged past $18,000 after it began trading on its first major global exchange Sunday, the latest in a series of highs that have excited some investors while leaving others nervous of a bubble. Trading of the controversial digital currency on a futures contract …

THIS WEEK: DFCU injects $2.8m in agribusiness training Kampala, Uganda | THE INDEPENDENT | Organized farmers have a reason to smile. For the next five years, Dfcu and Rabobank Foundation are injecting a combined US$ 2.8million in the Agribusiness Development Center (ADC) that will see farmers attain knowledge and skills …

French domination sparks fight with Chinese   Kampala, Uganda | HAGGAI MATSIKO | Oil companies—Total E&P, Tullow Oil and CNOOC—are locked in a bitter fight for control of Uganda’s oil sector.  The coveted prizes are deals worth about $20 billion. The three entered a partnership in 2012 when Tullow Oil, which …

Kampala, Uganda | THE INDEPENDENT | The umbrella organization of insurers, the Uganda Insurance Association, has intensified a motor insurance awareness drive as part of its countrywide insurance literacy campaign. Miriam Magala, the chief executive officer of UIA said on Nov 29 that as part of the campaign, the association has …

Kampala, Uganda | THE INDEPENDENT | Jumia Food, a leading online food delivery service has announced that customers in Kampala can now get KFC meals delivered to their doorstep through the Jumia Food App. Ron Kawamara, Managing Director for Jumia Food East Africa said: “KFC is one of the most loved …

Kampala, Uganda | THE INDEPENDENT | This holiday season, DStv Uganda is offering its customers an array of promotions to enable its customers to get discounted decoders and bouquets. Phoebe Nakabazzi, the DStv Uganda Marketing Manager in Uganda said DStv has revamped its hardware offer of Shs132, 500 to include one …

Kampala, Uganda | THE INDEPENDENT | In response to the October monetary policy statement by the Bank of Uganda and the decision to reduce the Central Bank Rate by 0.5 percentage points to 9.5 %, Stanbic Bank has matched the Central Bank’s rate cut by reducing its Prime Lending Rate from …

  Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has, once again, strongly warned all technocrats in government ministries and departments to immediately stop frustrating foreign investors who come to Uganda to add value to the county’s products. Museveni specifically directed officials from the Department of Minerals in the …