Tag Archives: Business

UPDF deployment cited in the reduction in illegal fishing Kamapla, Uganda | ISAAC KHISA | Fish lovers can now enjoy the succulent white flesh of Nile Perch or Tilapia from Lake Victoria as the stocks recovers since the Uganda People’s Defence Forces under the Fisheries Protection Unit began policing the water …

Kampala, Uganda | ISAAC KHISA | Liquid Telecom Uganda, part of the pan-African telecoms group Liquid Telecom, has partnered with The Innovation Village, a hub and co-working space in Kampala, to support Ugandan start-ups with high-speed internet and cloud-based services. Liquid Telecom Uganda, formerly known as Infocom, will work alongside The …

But should Dr. Ha – Joon Chang’s push for more state intervention in the economy be the future? Kampala, Uganda | JULIUS BUSINGE | The guest speaker at the Bank of Uganda’s flagship annual lecture series; the Joseph Mubiru Memorial Lecture, is usually a distinguished individual in the field of finance, …

THIS WEEK: DFCU injects $2.8m in agribusiness training Kampala, Uganda | THE INDEPENDENT | Organized farmers have a reason to smile. For the next five years, Dfcu and Rabobank Foundation are injecting a combined US$ 2.8million in the Agribusiness Development Center (ADC) that will see farmers attain knowledge and skills …

French domination sparks fight with Chinese   Kampala, Uganda | HAGGAI MATSIKO | Oil companies—Total E&P, Tullow Oil and CNOOC—are locked in a bitter fight for control of Uganda’s oil sector.  The coveted prizes are deals worth about $20 billion. The three entered a partnership in 2012 when Tullow Oil, which …

Social security funds to tackle key areas in education, IT to accelerate pension growth Kampala, Uganda | JULIUS BUSINGE | How can African governments ensure that the working population has some sort of social security at old age? That was the main issue discussed during the two-day East and Central Africa …

Kinshasa, DR Congo | AFP | Swiss food giant Nestle announced Sunday that it would close its factory in Kinshasa, capital of the Democratic Republic of Congo, a potential market of 80 million people but one beset by poverty and political instability. “We will close our factory and offices by the …

Kampala, Uganda | JULIUS BUSINGE | Sadolin Paint injected Shs 50 million in the just concluded Uganda Society of Architects Annual General Meeting (AGM), a move that company officials said would boost the association’s work thereafter. Speaking to The Independent on the sidelines of the AGM at Pearl of Africa Hotel …

THIS WEEK: CIC Insurance to sell insurance in the extractive industry Kampala, Uganda | THE INDEPENDENT | Regional insurance firm, CIC Insurance,   is set to unveil a comprehensive cover targeting mining, oil and gas industry players, according to Kenya’s Business Daily. Group general manager for marketing and distribution, Joseph Kamiri, said …

THIS WEEK: Airtel rewards more in Yoola Amajja promo Kampala, Uganda | THE INDEPENDENT | On Nov. 24, Airtel Uganda awarded more customers in its Yoola Amajja promotion for the third draw. Isaac Sententembe, a mechanical engineering student at Bugema University won Shs1.1 million. Sententembe said he would use his …