Tag Archives: Business

Kampala, Uganda | THE INDEPENDENT | Nigerian-based United Bank for Africa Plc. has appointed Oliver Alawuba as deputy Managing Director in charge of Africa businesses. The lender operates in 20 African countries including Uganda. Also appointed is Ayoku Liadi as deputy managing director in charge of UBA Nigeria. The lender …

Kampala, Uganda | THE INDEPENDENT | Kampala based traders have asked the government to make more money accessible to small scale traders through the Uganda Microfinance support centre. Issa Ssekitto, the spokesperson of Kampala City Traders Association-KACITA, an umbrella for the business community, says that businesses need a stimulus to …

Kampala, Uganda | Isaac Khisa | How can African countries boost cross-border financing solutions on the continent? This was the main issue discussed during the Pan-African e-conference hosted by the United Capital PLC, a Nigerian-based financial and investment Services Company, on Friday. Peter Ashade, the Group CEO at United Capital Plc. …

Kampala, Uganda | THE INDEPENDENT | As the country slowly emerges from a two-months lockdown, there is now a sense among business leaders that things might be getting better according to a survey sponsored by Stanbic Bank. The Purchase Managers Index (PMI) rose to 41.9 points in May from the …

Kampala, Uganda | THE INDEPENDENT | A sobering analysis of Uganda’s businesses during coronavirus crisis shows that at least 100,000 formal jobs have been cut revealing the scale of the carnage the virus has had on employment. Also, at least 4.4 million workers in the informal sector will either see their …

  Kampala, Uganda | THE INDEPENDENT | The business environment worsened in April with company owners not hoping for quick recovery anytime soon according to the April Purchase Managers Index (PMI). The survey which asks business managers about their operations said in a report for April that business activity came …

Kampala, Uganda | THE INDEPENDENT | The Minister of Trade, Industry and Cooperatives, Amelia Kyambadde has come out to clarify on some of the presidential directives issued. Addressing the nation on Tuesday, President Museveni allowed food markets, wholesale, hardware shops, metal works, woodworks, warehouses, insurance providers, 30 lawyers to be …

  When the first cases of coronavirus were detected in December 2019, no one could have ever predicted that it would lead to a pandemic. AZA Trading Desk Manager,  Mungai Murega shared insights with The Independent on the  economic toll of COVID-19 and potential ways in which African businesses can …

COMMENT | Michael Jjingo | Should the prudent entrepreneur prepare and position the business for the impact of the corona virus? True, many have speculated about the current corona virus outbreak sparking an economic recession and reversing the gains that the business community has harnessed over time. The moment is …

COVER STORY | THE INDEPENDENT TEAM |  As the coronavirus pandemic ravages the globe, countries are scrambling to protect citizens financially, cushion businesses and companies, and ensure their economies do not fail from the fallout. This is because the coronavirus pandemic is not only straining the world’s health sector, businesses …