Business

Longest-serving central bank boss feted at inaugural lecture Kampala, Uganda | IAN KATUSIIME | The launch on Jan.11 of the Tumusiime Mutebile Centre of Excellence was the perfect moment to fete the long-serving governor of the central bank.  At the helm since 2001, Mutebile is the longest serving governor the …

The new banking model is expected to deepen financial inclusion Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks have started rolling out agent banking following Kenya and Rwanda’s footsteps in an effort to grow deposits and customer base. This follows the coming into force of the Financial Institutions Act …

  Kenya’s Jambojet to start flights to Uganda next month Nairobi, Kenya | THE INDEPENDENT | Nairobi based budget airline Jambojet is set to expand its wings in East Africa with the launch of a double daily flight between Nairobi and Entebbe starting Feburary 14, 2018. Jambojet’s chief executive Willem Hondius made …

Kampala, Uganda | RONALD MUSOKE | Dr. Albrecht Conze is Germany’s new Ambassador to Uganda. He talked to The Independent’s Ronald Musoke about his first impressions and more. What have been some of your impressions of Uganda since you arrived in the country? I am amazed by the stability in …

Kampala, Uganda | ISAAC KHISA | Rwanda’s gorilla protection zone has enlarged following the African Wildlife Fund move to donate 27.8 hectares of land to Rwanda Development Board (RDB). The land is to be incorporated into the 16,000 hectares’ Volcanoes National Park, located in north-western part of the country, bordering Virunga …

Tourism cannot aid economy unless some things are done right Kampala,Uganda | SUSANNE BECKEN | Would it not be great if something as simple and pleasurable as international travel could help end something as grinding and enduring as poverty? After all, the industry is booming, globally growing at least 4% …

Surprises in 2018 budget:mFinance Ministry makes right moves, but timing could be wrong Kampala, Uganda | JULIUS BUSINGE | For years now, Uganda’s budget making process has been dominated by debates about four contentious issues; the government’s huge investment in infrastructure, domestic resource mobilisation, the size and rate of external …

Beijing, China | AFP | For years China was the world’s top destination for recyclable trash, but a ban on certain imports has left nations scrambling to find new dumping grounds for growing piles of garbage. The decision was announced in July and came into force on January 1, giving companies …

Kampala, Uganda | THE INDEPENDENT | Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires last year — are worth a combined $75.4 billion, compared to $70 billion in January …

Kampala, Uganda | THE INDEPENDENT | African airlines experienced a 7.9% rise in demand compared to November 2016, according to the International Air Transport Association’s (IATA) latest analysis. Data supplied by airlines around the world last November indicates that volumes started to trend upwards strongly again in seasonally-adjusted terms in recent …