Thursday , November 14 2024

Business

Business news

Union plans rescue of Bududa coffee

By Patrick Kagenda Region was leading Arabica producer in Uganda before landslide On March 2 several villages in Bududa district, which sits on the edge of Mount Elgon in eastern Uganda Bugisu region were buried under a landslide that killed approximately 350 people and destroyed, infrastructure, buildings, businesses, crops and …

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Open borders allow hiring the best

By Patrick Kagenda Interview with Charles Musisi Managing Director at Computer Frontiers When do you start your day? I start my day at 5 am. I’m an online man through and through. Naturally I take a quick look at the e-mails and the online local newspapers. At about 7:30 am …

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MBEA runs out of options

By Patrick Kagenda Capital market rues over Uganda’s oldest brokerage firm In January this year the Merchant Bank of East Africa(MBEA), Uganda’s oldest stockbrokerage firm, was handling the issuing of the National Insurance Corporation Initial Public Offering. Their office on Plot 44 Lumumba Avenue in the plush Nakasero neighborhood was …

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Slippery oil agreements

By Jocelyn Edwards Experts could demand renegotiation of Uganda’s PSAs In response to the June 29 tabling of the Petroleum Production Sharing Agreements (PSAs) by Energy Minister Hilary Onek, Rubanda West MP Banyenzaki says parliamentarians will seek expert analysis in order to determine whether or not they are fair to …

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Big budget trouble

By Patrick Kagenda UWA’s Shs 9bn `Friend a gorilla’ stalls over Shs 45m In Sept 2009 the Uganda Wildlife Authority (UWA) launched a campaign dubbed “Friend a Gorilla” to raise Shs 9 billion to fund park activities to preserve the endangered mammals. Close to one year down the road during …

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Tomorrow’s money today

By Maya Prabhu Hot deals lure mobile money subscribers into cash-less class Mobile money first became available in Uganda a little over a year ago, and represents potential solution to the poor access to financial services that is a problem in many developing countries. In neighbouring Kenya, Safaricom has already …

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Uganda unprepared for Common Market

By Patrick Kagenda If First deputy Prime minister and Minister for East African Community (EAC) Affairs Eriya Kategaya sought to reassure the business community about the Common Market, his June 24 message showed a serious lack of preparedness. The East African Common Market Protocol which came into force on July …

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