Local employer lobby extends translation and supervisory skills services to the investors Kampala, Uganda | RONALD MUSOKE | For two decades now, hundreds of Chinese investors have flocked into Uganda to establish businesses but amongst the biggest challenges the Southeast Asian entrepreneurs often grapple with is “culture shock,” according to …
Read More »COVID-19 has exposed business’s ability to deal with emergencies
The Federation of Uganda Employers (FUE) is celebrating its 60th anniversary this year. The Federation’s Executive Director, Douglas Opio, spoke to The Independent’s Ronald Musoke about the long journey and a wide range of employer-employee issues in the country. The Federation of Uganda Employers (FUE) is celebrating 60 years this …
Read More »2020/2021 election economy
Tough times ahead as miscalculated spending, political activities and coronavirus threaten fast recovery of economic activities Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy has been on a recovery path following the easing of COVID-19 pandemic lockdown restrictions, but the uncertainty surrounding the upcoming general elections is the latest concern, economists …
Read More »Xeno assets jump to Shs8bn
Number of investors almost reach 1, 000 in just three years of business Kampala, Uganda | JULIUS BUSINGE | XENO Investment Management Limited has reported a Shs8bn as assets under its management for the year ended December 2019, signaling a growing interest in equity investments among the population. Aeko Ongodia, …
Read More »Airtel records 14% growth in revenues to $659m in East Africa
But the firm’s overall Africa operations had its net profit fall by 36% to $145m Kampala, Uganda | ISAAC KHISA | Bharti Airtel operations in East Africa have recorded a 14% growth in revenue to US$659million for the six months ending Sept. 30, citing an increase in subscribers. The firm’s …
Read More »Tondeka bus company owners sign new deal
But missed milestones signal more bumps on the road Kampala, Uganda | THE INDEPENDENT | Tondeka Metro Company (TMC) which wants to introduce public transport buses in the Kampala city metropolitan area has signed an operating management contract with Rose Hill Transport (RHT) Holding Ltd of Mauritius. Under the …
Read More »Money and Politics Friends or Foes?
Examining the relationship between money and politics during elections in African countries and measures that could be put in place to eliminate inappropriate use of public money or fundraising from questionable sources NEW ANALYSIS | MATHIAS HOUNKPE AND OLIVIER BUCYANA | Since the 1980s and early 90s the majority of …
Read More »Tourism gets Shs12bn
World Bank, Sweden support forest conservation and national parks Kampala, Uganda | RONALD MUSOKE | On Oct.28, the World Bank and the Swedish Government signed a partnership agreement that saw both extend US$ 3.3 million (Shs12.3 billion) to support conservation of nature-based tourism resources in Uganda. The grant which will …
Read More »Money talks in American elections
Big business, political strategy and corporate involvement | RICHARD A. DEVINE AND MICHEAL HOLMES | Political spending by corporations is big business. As one corporate executive with experience in business-government relations says, “A company that is dependent on government that does not donate to politicians is engaging in corporate malpractice.” …
Read More »WTO: Okonjo-Iweala facing block from US
Unclear if move is attempt to sabotage trade body much criticised by Trump | THE INDEPENDENT | The U.S. is blocking the appointment of Ngozi Okonjo-Iweala as the next head of the World Trade Organization despite the former finance minister of Nigeria winning the overwhelming backing of the WTO’s 164 …
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