Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
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Inside the AkzoNobel, Kansai Plascon tussles to control top paint brand name Kampala, Uganda | ISAAC KHISA | Dutch paints and Coatings Company AkzoNobel Coatings International BV which owns Sadolin brand name in Uganda is locked in a battle for market control with Kansai Plascon of Japan. The case …
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THIS WEEK: Museveni woos Qatar investors Kampala, Uganda | THE INDEPENDENT |President Yoweri Museveni has said Uganda is fast becoming a middle-income country with vast investment opportunities in agro-processing, industrialization and the service based sector. “Uganda is moving towards becoming a fast world country based on four sectors; commercial agriculture, …
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Singapore, Singapore | AFP | Smaller planes will dominate aviation orders worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia, Boeing said Friday. Nearly three in four of the 41,030 new commerical planes expected to be delivered in the period at …
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London, United Kingdom | AFP | London transport authorities announced Friday they would not renew Uber’s licence to operate in the city when it expires on September 30 over public safety concerns, although it has three weeks to appeal. Transport for London said the conduct of the ride-hailing app, which has …
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Kampala, Uganda | JULIUS BUSINGE | Airtel Uganda, Uganda’s second largest telecom firm has today launched its 4GLTE mobile telecommunications technology in the presence of Information and Communications Minister, Frank Tumwebaze and Uganda Communication Commission Director for Corporate Affairs, Fred Otunnu. Speaking at the launch in Kampala, the company’s Managing Director, …
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London, United Kingdom | AFP | Manchester United announced record revenues and operating profits on Thursday despite missing out on the riches of the Champions League last season. The Old Trafford club earned revenues of £581.2 million ($783 million, 659 million euros) in the 12 months to the end of June …
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Kampala, Uganda | JULIUS BUSINGE | Government is set to hold monthly open events in which its agencies and departments will explain to the public matters service delivery, according to the Minister of Information Technology and Communications Frank Tumwebaze. Tumwebaze was speaking Thursday Sept. 21 at the ICT Ministry headquarters in …
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Frankfurt am Main, Germany | AFP | German luxury carmaker Mercedes-Benz said Thursday it would invest $1 billion in an Alabama factory as it prepares for electric vehicle production in the United States. “We are significantly growing our manufacturing footprint here in Alabama… We will be able to quickly ramp up …
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Kampala, Uganda | JULIUS BUSINGE | Deputy Speaker of Parliament Jacob Oulanyah has appealed to Members of Parliament, Equal Opportunities Commission, and institutions of government and others to champion equal opportunities for all. “The future of our great nation among other things largely depends on the importance we attach on issues …
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The Independent Uganda: You get the Truth we Pay the Price