Business

By Independent Team Amount is about half of Uganda’s national budget Tullow Oil Plc, the U.K. explorer with the most licences in Africa has appointed Standard Chartered Plc to sell up to half its stakes in two Ugandan oil fields, the Sunday Times of London has reported. Aidan Heavey, the …

By Patrick Kagenda The East African Common Market is scheduled to come into effect January 10, 2010. The Independent’s Patrick Kagenda talked to Abubaker Muhammad K. Moki, the assistant commissioner economic affairs at the Uganda ministry of East African Community Affairs. Last month there were a series of documents signed …

By Independent Team Its not what you look at; its what you look for It is a telecom company. Customers choose it automatically over competing brands. It is on every phone service customers purchase list. It is  well, Zain. Zain, just a year after launching itself in Africa after taking …

By Independent Reporter President Yoweri Museveni’s Independence Day announcement that Uganda is to build a mini-refinery for its recent but substantial oil finds has sparked a rush among oil producing companies. Discussions on accelerating the management and institutional capacities of new oil discoveries and gas-producing economies were high on the …

  Report shows how govt lost Shs 452 billion in Umeme deal – Who is to blame? By Andrew M. Mwenda | When General Salim Saleh presented the report of his investigations into the high cost of electricity in Uganda to Energy Minister Hillary Onek on October 5, the focus was …

By Patrick Kagenda Will they lower the cost of phone calls? Starting November 1, Ugandans are to be charged uniform cross-network connection or call termination fees by all telephone networks, according to the Uganda Communications Commission. It is, however, unclear whether the stated objectives of the uniform tariff will be …

By Alonzo Fulgham Africa’s improvements have created thriving markets. US firms should enter this last great investment frontier. Normally, by the time an investment tip makes its way into a newspaper, conventional wisdom says the money is already off the table. Not so in the case of sub-Saharan Africa. American …

By Independent Reporter MTN has demonstrated that innovative solutions can drive economic development even in the most under serviced areas. The company has pioneered many innovations in cellular and technological industries. Africa is the world’s fastest-growing mobile phone market with more than 40% of Africa’s population having access to a …

By Joseph Were Uganda, according to a United Nations report launched in Kampala last week, has grown the highest foreign direct investments in the East African region between 2006 and 2008. According to the World Investment Report (WIR) 2009 compiled by the United Nations Conference on Trade and Developed (UNCTD), …

By Patrick Kagenda On the Aug 12 Robert Zoellick the President of the World Bank visited three great lakes countries, DRC, Rwanda and Uganda. The Independent’s Patrick Kagenda talked to Kundhavi Kadiresan, the World Bank Country Manager for Uganda, about the visit and the World Bank projects in the country. …