How it handles conflict of interest will enhance or sink corporate governance in capital markets COMMENT | SILVER KAYONDO | A few weeks ago, the Uganda Stock Exchange (USE) confirmed it had received formal approval from the regulatory body, the Capital Markets Authority (CMA) to operate a demutualised stock exchange. This …
Read More »Halima Namakula; singer, mother, humanitarian
Kampala, Uganda | AGNES. E. NANTABA | Halima Namakula made her mark on Uganda’s music industry close to two decades ago by turning a nursery rhyme into a well composed and danceable tune. `Ekimbeewo’ was her first and break through hit which launched her into the music industry. But going professional at …
Read More »Government offers licenses to 11 firms to operate in Free Zones
Kampala, Uganda | ISAAC KHISA | Uganda’s balance of payment deficit has remained wide for some time now but there are signs that the gap will soon be reduced as the government issues licenses to developers in Free Zones. Free Zones are geographic areas where raw materials and goods may be …
Read More »Bye-bye Mugabe
How Zimbabweans kicked out 93-year old veteran leader Kampala, Uganda | IAN KATUSIIME | For most people, it was hard to keep up with events in Zimbabwe as the end of the 37-year reign of President Robert Gabriel Mugabe neared. In one week, Mugabe was placed under house arrest by the …
Read More »‘Ugandans not committed to democracy’
Kampala, Uganda | FLAVIA NASSAKA | Retired Supreme Court Justice George William Kanyeihamba has a direct question for MPs seeking to amend the constitution so that President Yoweri Museveni can stay on. “Do you want to say that the movement (ruling party – NRM) hasn’t groomed anyone capable of replacing Museveni?” …
Read More »Jumia Food unveils alcohol delivery app in Kampala
Kampala, Uganda | THE INDEPENDENT | Jumia Food has unveiled Jumia Party – a new 1 hour alcohol delivery service App in Kampala. This follows a partnership with Pernod Ricard, the world’s producer of wines and spirits. The new app gives users access to a full marketplace of spirits, wines, beers …
Read More »Ugandan excels in corporate consultancy
Kampala, Uganda | THE INDEPENDENT | Amos Bagumire, a Ugandan corporate consultant, has been recognized by CEO Global for his exceptional performance in a filtering process overseen by KPMG, the international financial services firm. Bagumire, the managing director of ABS Consulting Group was announced continental winner of the CEO Global Titan …
Read More »Kenya Airways losses drops to Ksh 3.8bn
Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has a recorded 20.5% drop in losses to Ksh3.8bn for the six months to September compared with the same period a year earlier citing reduced costs. The carrier said its operating costs reduced from Ksh53.799bn to Ksh53.075bn during the same …
Read More »Rwanda honours its friends with Igihango medals
Kampala, Uganda | THE INDEPENDENT & AGENCIES | Hezi Bezalel, Howard Buffett, Gilbert Chagoury, John Dick, Paul Farmer, Alain and Dafroza Gauthier, Linda Melvern, and Joseph Ritchie. Nine names, eight of them foreign and one Rwandan were on Nov. 18 awarded medals of honour for their outstanding friendship pact ‘Igihango’ with Rwanda. …
Read More »Rwanda visa policy praised
Kampala, Uganda | THE INDEPENDENT | The Rwanda government has received widespread praise for it new visa regime which comes in effect on January 01, 2018. Citizens of all countries now have an automatic 30 day visa on arrival. A few arrivals might be required to pay applicable fees. The Morocco …
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