Business

By Agnes E. Nantaba Sydney Asubo is the in-coming executive director of the Financial Intelligence Authority (FIA), which was set up under the Anti- Money Laundering Act. He spoke to Agnes E. Nantaba about their mandate and the vice of money laundering in Uganda. What are the key elements of …

By Joan Akello Smart Foods Ltd started small in the Food Technology laboratories of Makerere University as a result of exciting work on transforming whole soybeans into Tofu (a fresh meat alternative) that is acceptable to the African taste.  Currently, Mbalyowere’s company produces and markets both marinated and plain Tofu …

By Joan Akello In 1999, Barbra Ofwono Buyondo, a trained secondary school teacher, got a dream to start a kindergarten. Using the little personal savings and contributions from her family, she put together about Shs 1 million to start a kindergarten that she christened Victorious Education Services at Old Kampala. …

By Ronald Musoke In April, this year, Leonard Okema ordered for a Toyota Harrier model 2001 from one of the used car dealers in Japan. Unlike many Ugandans who were on June 11 taken by surprise by the Finance Minister Matia Kasaija’s raising of the environmental levy on used cars, …

By the Independent Team Bank of Africa (BOA) Uganda netted a net profit of Shs 1.2 billion as at end of 2014, up from a loss of Shs 6.7 billion in 2013. Ronald Marambi, the managing director, spoke to The Independent about their tremendous return to profitability, the market conditions, …

By Joan Akello After completing university, Mushabe, 34, ventured into web hosting as a reseller and started Hostalite Ltd with one client who paid Shs 120,000. He says he started web hosting because of the desire to have repetitive income because clients must renew their domains annually. After one year, …

By Ian Katusiime Elly Twineyo was recently appointed Executive Director of Uganda Export Promotions Board (UEPB). He spoke to Ian Katusiime about the issues affecting the export sector and his vision for the institution. What is your overall management strategy? I believe in team leadership; I see myself as a …

By Joan Akello Kawagga, 35, ventured into poultry farming in 2012. His start up capital was Shs 1 million with which he bought 100 layers. When this first batch started laying,  he  opened a  wholesale shop  to sell directly to clients to avoid dealing with middle men  who make a …

By Agnes E. Nantaba The Uganda National Bureau of Standards (UNBS) is the public body mandated to protect Ugandans from fake, substandard and hazardous products. Dr. Ben Manyindo, the executive director, spoke to Agnes E. Nantaba about the status of standards in the country, the numerous challenges they face, and …

By Joan Akello Dr. Kabule, 33, started Vetline Services Ltd in 2010 with three friends who contributed the initial capital of Shs 1 million.  They used it to procure three male pigs.   This was after a member of his team members conducted a research about artificial insemination for pigs and …