Business

Bank of Uganda has reduced the Central bank Rate (CBR) to 16% to ease monetary policy for potential economic growth. BOU maintained the rediscount rate and bank rate at 20%and 21% respectively, the policy will also maintain the core inflation over the next quarters, so as to target 5% of the …

Web City Café, an Internet café in the heart of Kampala City, is only a fading shadow of its former self. In the early 2000s, it had hundreds of computer terminals that would be occupied by patrons throughout the day. The employees used to work in shifts into the wee …

BY ISAAC KHISA With barely two months to the next budget, Ugandans have to brace themselves for higher taxes come June. The country is only emerging from a tough general election. The economy is improving and there’s hope that the Bank of Uganda’s tighter monetary policy implemented in the past …

Nairobi, Kenya | AFP Kenya Airways, the east African country’s struggling national airline, is to cut up to 600 jobs as part of a bid to achieve $200 million in savings, the airline said Thursday. The reductions at the airline, partly owned by the government as well as Air France …

By Agnes E. Nantaba Barbara Birungi is the director of Hive Colab and founder of Women in Technology Uganda (WITU). She spoke to Agnes E. Nantaba about women’s role in entrepreneurship and technology in Uganda. What are the key elements in your management philosophy as a manager? Having the right …

Jean Philippe Bittencourt is the new General Manager of the Sheraton Kampala Hotel. He spoke to Patrick Kagenda about his vision, their operations and the general hospitality industry in the country. What is your background as far as the hotel industry is concerned? I have worked in the hospitality industry …

By Agnes E. Nantaba Mildred Apenyo, the CEO of Fit Clique Africa, a fitness centre for women, spoke to Agnes E. Nantaba about their operations. What are the key elements in your management style as a manager? My role is to manage a team that aims to create a society …

By the Independent Team Customized products enjoy immense popularity because of their uniqueness. For businesses and corporate organizations, embroidered or corporate wear and other products help build brand identity or to communicate a direct message to the target audience. Brenda Nansubuga saw a business opportunity there but it was her …

By Patrick Kagenda Jean Philippe Bittencourt is the new General Manager of the Sheraton Kampala Hotel. He spoke to Patrick Kagenda about his vision, their operations and the general hospitality industry in the country. What is your background as far as the hotel industry is concerned? I have worked in …

By the Indepenent Team Daisy Mirembe’s passion for Christ, art and adventure left her with only one choice – to pursue a degree in Industrial and Fine Art at Makerere University so as to craft a career out of it. She started SetapArt Prints, a brand of T-shirts, with the …