Kampala, Uganda | THE INDEPENDENT | Rwanda’s Ubumwe Grande Hotel fetched $34.053 million in as auctioneers that was held on Dec 24 to recover money owed to Kenya Commercial Bank’s Rwandan unit. The winning bid for the property was offered by Umubano Industries. Reports indicate that more than a dozen interested parties …
Read More »Air Tanzania takes delivery of Airbus A220
Kampala, Uganda | THE INDEPENDENT | Tanzania’s national carrier, Air Tanzania, has delivered its first Airbus A220-300 aircraft, making it the first airline in Africa to take on the type. The name The Wings of Kilimanjaro was given to the aircraft – a fitting name to complement their other aircraft. The airlines acting …
Read More »COMMENT: Your deeply held beliefs which may just be wrong
COMMENT | NAOMI SCHALIT | Editor’s note: As we came to the end of the year, Conversation editors took a look back at the stories that – for them – exemplified 2018. Our job at The Conversation is to work with scholars to publish analysis that helps readers make sense …
Read More »Positive outlook for insurance sector but some players face uncertain future
Brokers, agents told to prove their relevance Kampala, Uganda | ISAAC KHISA | Predictions for Uganda’s insurance industry this year is positive but some players are likely to face uncertain future in their operations. The consensus view among industry players is that the industry will put a strong performance this …
Read More »China-US rivalry heading to East Africa
Donald Trump’s administration to focus on development finance and lending for infrastructure projects in Africa Kampala, Uganda | RONALD MUSOKE | The US will step up efforts to counter China’s growing influence in Africa this year, according to a recent report that shows the growing rivalry between the world’s two …
Read More »The decisive mind
You make decisions quicker and based on less information than you think Kampala, Uganda | NADAV KLEIN | We live in an age of information. In theory, we can learn everything about anyone or anything at the touch of a button. All this information should allow us to make super-informed, …
Read More »Ugandan win grants for Environmental Research
Kampala, Uganda | THE INDEPENDENT | Ketty Adoch, a Ugandan innovator in the Agriculture sector has been named among eleven innovators nominated for the Artificial Intelligence (AI) for Earth Innovation Awards. Adoch, a geographical information systems specialist in agriculture works towards monitoring change detection for Land Cover Mapping around the …
Read More »COMMENT: Danger in Bank of Uganda probe
COSASE shouldn’t sacrifice economic stability at the altar of publicity as it could collapse the economy COMMENT | SIMON MUTUNGI | The Chairman of the parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) Abdu Katuntu (MP Bugweri County) rejected President Yoweri Museveni’s advice to hold the committee proceedings …
Read More »Betting firm, SportPesa eyes Brazilian Market
Kampala, Uganda | THE INDEPENDENT | Kenya’s betting firm, SportPesa, is planning to enter the Brazil’s gambling market following the South America’s decision to review its law to legalise online and on-land betting. SportPesa CEO Ronald Karauri, however, told BusinessDaily that it is still too early to disclose further plans on …
Read More »Equity Bank sees 2019 as good year
Kampala, Uganda | THE INDEPENDENT | Equity Bank is one of the 25 commercial banks offering financial services in Uganda. The Independent’s Julius Businge spoke to the Bank’s Executive Director, Anthony M. Kituuka on their strategy to deliver good growth in 2019 and beyond. What are your expectations in this New …
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