Business

Uganda’s annual headline inflation has increased to 5.4% from 5.1% registered in April 2016. The main driver for the Annual Headline inflation was the annual core inflation which registered at 7% in May as compared to 6.4% recorded last month. However the increase is as a result of a rise …

What are the key elements in your management philosophy as a manager? My style encompasses teamwork with all stakeholders and that goes right through the external and internal publics. I therefore encourage a participatory approach to have everybody on board and talk about things. We are also a learning organization …

In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda,  President Yoweri Museveni delivers the State of the Nation Address, 2016. The president will mainly give accountability on particular government commitments and to appraise the country of the plans and strategies for the …

Currently, Africa has about six agribusiness incubators, two of which are in Uganda At just 27, Sam Turyatunga is the proprietor of Tursam Investments Ltd, the producers of Uhuru branded juices. In 2015, he was producing 15,000 litres of juice and had a turnover of $5,000 (Shs 17 million) per …

Pepsi cuts retail prices on plastic bottle by Shs 200 but rivals still reluctant to play ball On May 04, 2016 Crown Beverages, the bottlers of Pepsi Cola products, announced a reduction on their retail price for Mirinda, Mountain Dew, Pepsi Cola, and Evervess Tonic brands. The price reduction of …

Uber ready for Kampala Local taxi operators brace themselves for entry of hi-tech cab operator Uber, the US-based mobile app-based taxi service is getting set to open shop in Uganda. The company, which unveiled its services in neighboring Kenya last year, has advertised the positions of operations and logistics manager …

The high cost of doing business, stagnant production levels, dominance of primary products and limited market intelligence are holding back Uganda’s export potential. These bottlenecks and action needed to change the status quo were the centre of a discussion at a high level policy dialogue on export development and promotion …

80% of economy is informal, only 20% of businesses pay taxes Unlike the others that came before it, this year’s Open Minds Forum was a heated and impassioned event. Held under the theme: “Informal sector; an invisible force with visible impact,” the May 05 public forum in Kampala, organised by …

Analysts urge government on business environment as written off non-performing loans erode bank profits In 2015, Standard Chartered Bank, Uganda’s second-largest bank by assets, saw its profits decline by 75% compared to the previous year. The year was even worse for Crane Bank, the second biggest indigenous bank and the …

New Delhi, India | AFP | India is a global IT powerhouse but a huge majority of the population remains locked out of the benefits brought by the digital economy, the World Bank said Tuesday. India’s vibrant business process outsourcing sector, centred in the southern hubs of Bangalore and Hyderabad, …