Business

Parliament asked to expedite Pension reforms as bosses defend cautious approach to investment Only days after the National Social Security Fund (NSSF) slashed the interest rate paid to members from 13% to 12.3%, the Fund’s top bosses faced their members at their Annual Members Meeting on Oct.12, writes Patrick Kagenda …

Luanda, Angola | AFP |  A group of Angolan lawyers has filed a landmark petition challenging veteran leader Eduardo dos Santos’s nomination of his daughter, Africa’s richest woman, as the head of the national oil company. Isabel dos Santos was named head of troubled oil firm Sonangol in June in …

National carrier revival question: World Bank calls for more focus on high cost of doing business instead At the beginning of his fifth term in office, President Yoweri Museveni set tongues wagging when he included the revival of the national career among his 20 priority programmes in this term of office. …

INTERVIEW: Mark Karamira is the CEO of Spe Taxi Cab service. He spoke to Agnes E. Nantaba about his management philosophy and Uganda’s transport industry challenges. What are the key elements in your management philosophy as a manager? Leadership, people, responsibility, resources and their appropriation are key elements and backed …

How Ugandans love of the good life is driving café culture Endiro coffee is easy to miss. Although the tiny café is right at the entrance to the Kisementi shopping and entertainment area of Kampala City’s Kololo suburb, it is hidden in thick shrubbery. Once inside, rustic wood and metal …

This October, there have been reports of many Ugandans returning to South Sudan where many suffered during the recent deadly clashes in parts of the country. And, with the volatility that has wrecked the newly independent country, it is always a matter of time before another round of clashes takes …

Mumbai, India | AFP | Industrialist Ratan Tata sensationally returned to the helm of India’s biggest conglomerate on Monday as Tata Sons dumped Cyrus Mistry as chairman in a shock announcement that stunned analysts. The 78-year-old takes interim charge of the sprawling $100 billion tea-to-steel group almost four years after …

VIDEO: Uganda and South Sudan have reached an agreement to form a joint security block that will operate across borders along the Juba-Nimule high way pending a peace deal to end the violent clashes in the world’s youngest nation. The agreement was reached in Kampala after several hours of a …

 Oil refinery trouble: Museveni pushed into tight corner A shadowy international company registered in the British Virgin Islands (BVI), a major international tax haven is high up on the list of companies government is courting to invest in the $ 4 billion oil refinery, investigations by The Independent have found. …

In addition to the High Commission in the Kenyan capital Nairobi, Uganda has opened a consulate in the coastal town of Mombasa at a colorful ceremony presided over by State Minister for Regional Cooperation, Okello Oryem. Because of the growing demand for consular services in Kenya, Margret Kafeero, the head of …