Kampala, Uganda| THIS WEEK | On Sep. 04, MTN Uganda unveiled a new promotional campaign dubbed “start a new life with MTN” to attract new customers. MTN Chief Marketing Officer, Olivier Prentout, said new customers joining MTN will each get 30 Free Minutes, 100 Free MBs, 100 Free SMS and Shs 1,000 worth …
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Kampala, Uganda| THIS WEEK | Regional retail chain, Nakumatt Holdings, could soon be leaving the Ugandan market after Uganda Revenue Authority closed its head office at Kumambogo Gayaza and the main branch at Oasis Mall over tax arrears. The Kenyan supermarket chain, which started operations in Uganda in June 2009 pioneered the 24-hour …
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Beijing, China | AFP | China’s factory price inflation, a key barometer of the industrial sector, accelerated sharply in August, reflecting strong demand and a reduction in excess capacity which has plagued China’s economy. The producer price index (PPI), which measures costs for goods at the factory gate, rose 6.3 percent …
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Caracas, Venezuela | AFP | Venezuelan President Nicolas Maduro announced Friday his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country. “I have decided to start selling oil, gas, gold and all other products that Venezuela …
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Uganda to start Diaspora Investment Fund to boost industrialization Kampala, Uganda | GODFREY SSALI | Ministers of Industry from the 19 member states of the Common Market for Eastern and Southern Africa (COMESA) have unanimously approved a COMESA industrial strategy with emphasis on local content as the stimulus for industrial …
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VIDEO: Asian supervising firm told to leave Isimba dam Kampala, Uganda | NTV UGANDA | Energy Infratech Limited, the company at the heart of the Isimba dam squabble was on Thursday 07, September, 2017 given seven more days to handover all work done at the site. The company, whose contract has …
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Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni is expected to attend this year’s Uganda Revenue Authority (URA) taxpayer’s appreciation week taking place from Sept. 27-29 at Kololo Independence Grounds. The 12th event is open for the general public. This time around, beyond URA sharing taxpayer information, other government ministries and …
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Madrid, Spain | AFP | International tourist numbers grew 6.4 percent in the first half of 2017, the strongest half-year figures in seven years, with Mediterranean destinations posting double-digit growth, the UN World Tourism Organisation said Thursday. The number of international tourists surged to around 598 million between January and …
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Kampala, Uganda | JULIUS BUSINGE | 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 Cedric Merel, the head of corporation at the European Union office in Uganda. Merel was speaking on Sept. 05 at Sheraton Hotel …
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Kampala, Uganda | JULIUS BUSINGE | Accountants in Uganda under their body, the Institute of Certified Public Accountants of Uganda (ICPAU) have outlined achievements recorded over the years at the ongoing 22nd seminar at Imperial Resort Beach Hotel in Entebbe. Speaking at the opening of the seminar on Sept. 06, the Institute’s President …
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The Independent Uganda: You get the Truth we Pay the Price