Tag Archives: Business

Paris, France | AFP |  Donald Trump, the real estate mogul, reality TV star and US president-elect whose worth Forbes estimates at $3.7 billion, joins an ultra-elite group of billionaire business tycoons who have come to power through the ballot box. Other political leaders who first made fortunes in businesses …

Once again Rwanda has recorded improvement in its global ease of doing business ranking. It is the sixth year in a row that Rwanda is maintaining a high ranking in the World Bank index which rates countries on how easily a business can be set up and how it is …

Better business climate Uganda’s ranking in the 2017 World Bank’s Ease of Doing Business has improved by seven places, a development that shows that ongoing business environment reforms being implemented by the government are starting to bear fruit. Uganda now ranks 115th out of the 190 assessed economies, which is …

The Japan government has given Uganda $2.875 million grant to improve access to income earning opportunities for poor and vulnerable households in Northern Uganda. The grant will benefit 120 existing community groups that were established under the NUSAF2 Project, and support 240 new ones. Groups are to have 10 to …

INTERVIEW: Adnan Mpuga is the Executive Director of Eastlands Agency. He spoke to Agnes E. Nantaba about trends in Uganda’s property and real estate market. What are the key elements in your management style as a manager? Hard work, honesty and respect for all are key elements in management. Working …

Diane founded Amooti.org, an online market place that provides easy access to African-inspired art, culture, fashion and other products over the Internet. The business gives gifted and inspired people a platform to share their talents and culture, while getting income for their work.  All they need to do is get …

Following a series of speculative social media posts, Nakumatt Holdings has come out to say that “despite a number of unforeseen business challenges”, they are undertaking reforms and seeking financing that will stabilize their operations across East Africa. “We wish to reassure all our stakeholders that the business is solid despite …

The 10th EAC-COMESA-SADC Tripartite Committee of Senior Officials for Trade, Customs, Finance, Economic matters and Internal Affairs meeting opened in Nairobi, Kenya on Tuesday to resolve issues that remain outstanding before the implementation of the Tripartite Free Trade Area. Delegates from 26 member countries of the three African regional economic communities …

London, United Kingdom | AFP | Britain’s Independent newspaper said Thursday it had returned to profit for the first time in more than 20 years, after ditching its print edition and going exclusively online. The left-leaning paper published its final print edition in March, the latest shake-up for the British …

Unfavourable economy forces NSSF to cut interest rate for first time in six years For every Shs 1 million you have saved with the National Social Security Fund (NSSF), Shs 123,000 has already been credited to your account as interest payment. Of course this is lower than the Shs 130,000 …