Kampala, Uganda | THE INDEPENDENT | Kyadondo East Member of Parliament Robert Kyagulanyi Ssentamu aka Bobi Wine on Thursday rushed to the Civil Division of the Kampala High Court to challenge a ban imposed on his musical shows by the Uganda Police. He says he has lost sh300 million as a result of …
Read More »Xi declares ‘new era’ for China as party congress opens
Beijing, China | AFP | President Xi Jinping declared China has embarked on a “new era” of challenges and opportunities on Wednesday as he opened a Communist Party congress expected to enhance his already formidable power. Xi told some 2,300 delegates at the imposing Great Hall of the People that …
Read More »Inside Umeme’s Shs47.5bn loss
UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five years ago. …
Read More »Econet’s Kwese TV enter Uganda’s competitive pay-TV industry
Kampala, Uganda | ISAAC KHISA | Zimbabwe’s pay TV service provider, Kwese TV, has become the latest kid on the bloc in the provision of satellite Tv services in Uganda, with the official launch held in Kampala on Oct. 17. The firm will now tussle out with the established pay-TV providers such as …
Read More »Dmark East Africa to develop open source IT applications
Robert Ssemakula is the CEO of Dmark East Africa. He spoke to The Independent’s Agnes E Nantaba about the potential of Uganda’s IT sector What are the key elements in your management style as a manager? I am a servant leader who works to solve problems for my staff. …
Read More »Deloitte: Uganda economy can expand with better SME financing
Kampala, Uganda | JULIUS BUSINGE | Audit firm Deloitte says Uganda’s economy could expand further once cheap financing to small and medium enterprises is offered. “With sufficient financing and access to business advisory services to foster continual improvement of operational efficiency and productivity, SMEs can become more competitive and resilient, …
Read More »INTERVIEW: Bidco’s $70million investment on Buvuma Island near
INTERVIEW: Kodey Rao is the managing director of Bidco Uganda Limited, the producer of edible oil. He spoke to The Independent’s Isaac Khisa about the country’s edible oil industry and the future outlook. What is the assessment of edible oil consumption in the country at the moment? Edible oil …
Read More »UBL launches one week safety campaign
Kampala, Uganda | JULIUS BUSINGE | Uganda Breweries Limited (UBL) has launched a one week safety campaign aimed at creating awareness and promoting safety at the workplace. The campaign is part of a celebration to mark five and ten years of “No Lost Time Accident” at Uganda Breweries Limited and its …
Read More »Rwanda dials up investment opportunities by playing to its strengths
My first impressions of Kigali, Rwanda’s capital, largely agreed with the ‘Singapore of Africa’ analogies I’ve heard and read about. Things are efficient, orderly and extremely clean. Rwanda | Jaco Maritz | The difference between Rwanda and some other East African countries can be likened to removing yellow-tinted sunglasses after …
Read More »How Nigeria’s Oranto Petroleum scooped PSAs in Uganda
This is the second company to be issued with the licence under the competitive licensing round for oil and gas Kampala, Uganda | RONALD MUSOKE | Nigerian firm, Oranto Petroleum Ltd, has scooped two production sharing agreements (PSA) and two petroleum exploration, development and production licences over the Ngassa block …
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