Business

London, United Kingdom | AFP | True to its roots, Versus Versace brought the glamour to London Fashion Week on Sunday, a daring appetiser ahead of the keenly anticipated return of Armani to the British capital. Versus, the Italian brand’s laid-back line, transformed the city’s Central Saint Martins college, a hub …

  Mark Ocitti is the managing director at Uganda Breweries Limited. He spoke to The Independent’s Julius Businge on the sidelines of a joint roundtable press briefing held in Kampala recently. You have spent a year at UBL. What experiences have you noted so far? I inherited a great team …

THIS WEEK: Umeme’s Babungi wins CPA Award  Kampala, Uganda | THE INDEPENDENT | Umeme’s Managing Director, Selestino Babungi, was awarded the Certified Public Accountants of the year Award for the 2017 Financial Reporting Awards. The awards were organized the Institute of Certified Public Accountants of Uganda (ICPAU) aimed at enhancing …

THIS WEEK: Rise in orders gives hope to Uganda’s private sector Kampala, Uganda | THE INDEPENDENT | Uganda‘s private sector has continued to register an increase in both output and new orders for the seventh consecutive month during August. The latest Stanbic Bank’s Purchasing Managers’ Index (PMI), which is based …

THIS WEEK: EU to invest Shs420bn in SME’s Kampala, Uganda | THE INDEPENDENT | The European Union plans to invest over Shs 420 billion in small and medium enterprises that are environmentally friendly in the coming few years, according to the Union’s head of cooperation in Uganda, Cedric Merel. Merel, …

THIS WEEK: Kenya Airways now to fly to US Kenya | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, can now fly to the United States after it was granted permit to operate direct flights. The permit became effective Se 05, according to the order issued by the US Department …

THIS WEEK: URA moves to auction Nakumatt Supermarket goods over tax arrears Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority has commenced auctioning of Nakumatt Supermarket’s goods as it seeks to recover millions of shillings owed by the struggling regional retail chain. The clearance sales at two of Nakumatt’s …

Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank and MTN Uganda Limited have signed an agreement to allow MTN Mobile Money collections for corporate and business clients directly into their bank accounts, officials said in a press release shared on Sept. 15. The new service is called Straight2Bank Wallet Collections …

San Francisco, United States | AFP | Google on Thursday fired off invitations to an October 4 event at which the US tech giant is expected to field a second-generation Pixel as its new champion in the competitive smartphone market. The internet giant behind Android software for powering mobile devices also …

Uganda Government issues Kanywataba petroleum exploration license to Armour Energy Limited Kampala, Uganda  | JULIUS BUSINGE | Uganda has handed over the petroleum exploration license in the Kanywataba block in the Albertine area to an Australian company – Armour Energy Limited. Speaking at a press conference at the Ministry of Energy offices in Kampala …