Thursday , November 14 2024

Business

Business news

Bank systems leave homes unwanted

By Eriasa S. Mukiibi Real estate developers want banks to change mortgage rules Joseph Kironde’s house in Kansanga, an up-market residential suburb of Kampala, looks somewhat misplaced amid the storied multi-roomed properties behind high wall fences and fancy gates. Kironde’s house is a four-roomed affair, with whitewashed walls, sitting on …

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Capital gains tax, who pays what?

By  Patrick Kagenda On August 3, 2010 Tullow Oil’s Chief Operating Officer Paul Mcdade and Graham Martin, Tullow’s General Counsel and Secretary, arrived in Uganda. As they jetted into the country, Tullow Oil Uganda’s General Manager Brian Glover was on his way to the USA. The two officials, according to …

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Nile Breweries puts Shs6bn into Barley

By The Independent Team In a bid to reduce on its costs of production, Nile breweries has stepped up its campaign to use locally grown beer making products. The company which had all along been importing Barley grain from West Germany has embarked on having the Barley grown locally in …

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Vocational training best for Common Market

By Patrick Kagenda Morrison Rwakakamba is the Secretary General Uganda National Chamber of Commerce and Industry (UNCCI). The Independent’s Patrick Kagenda spoke to him. How can new business be established in countries like Uganda where corruption is high? Corruption is a serious issue that should be handled with a fierce …

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UNBS finds danger in `home factories’

By Patrick Kagenda At the end of July, the Uganda National Bureau of Standards (UNBS) was set to destroy expired confectionaries worth Shs 22.5 million, cosmetics worth Shs 10 million, tinned beef worth Shs 4.9 million and food supplements worth Shs 6.5 million. The haul is part of goods worth …

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Business community counts its losses

By Patrick Kagenda The first thing I encounter when I enter Kalita Bus Services Park, located next to Nakivibo stadium, is a security check. The officer runs a metal detector across each passenger’s body and luggage, searching for explosive materials. Less than a week after the Kyadondo and Ethiopian Village …

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