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In The Magazine

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THIS WEEK: Barrick Gold open talks over mining dispute

THIS WEEK: Tanzania government, Barrick Gold open talks over mining dispute The government of Tanzania and Barrick Gold, a global gold mining firm have opened talks to resolve a dispute over taxation and illegal operations. The Tanzanian government slapped a $190billion fine on Acacia Mining, a subsidiary of Barrick Gold …

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High loan processing fees hurting SME’s

Kampala,Uganda | THE INDEPENDENT | Small and Medium Enterprises in Uganda are restraining from accessing credit facilities due to high processing fees. This was revealed during a recent workshop organized by Enterprise Uganda in Kampala. “When you ask for a loan, they choose their own surveyors whom they pay by deducting …

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MTN to reward Mobile Money customers

Kampala,Uganda | THE INDEPENDENT | MTN Uganda has unveiled Mobile Money Month aimed at creating a platform to gather feedback from customers, resolve customer issues, carryout product education and reward customers across various touch points. The MTN Mobile Money service has been in operation for the last eight years and now …

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Ugandan dam gets US$29million refinancing package

Kampala, Uganda | THE INDEPENDENT | Emerging Africa Infrastructure Fund (EAIF) and the Dutch Development Bank (FMO), will provide US $29.3 million to refinance the 13 MW Bugoye hydro-electric power station in Kasese, western Uganda. Bugoye has been generating electricity since 2008 and this power is being feed into the …

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Fresh Dairy registers 60% growth export earnings

Kampala, Uganda | THE INDEPENDENT | Milk processing firm, Fresh Dairy, grew its export earnings by 60% to US$16million (Shs92.5bn) last year on the back of improved quality of products. Fresh Dairy’s Director of Milk Procurement ,John Gethi, said the company is working with over 80 farmers’ groups countrywide and …

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Remembering Sam

“Optimism is what brings us to Rotary. But Rotary is not a place for those who are only dreamers. It is a place for those with the ability, the capacity, and the compassion for fruitful service.” Kampala, Uganda |RYAN HYLAND & ABBY BREITSTEIN | Sam F. Owori, 1941-2017. The Rotary flags in front …

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