The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …
Read More »Local content legislation to boost local entrepreneurs
The law seeks to allocate at least 40% of sub-contracts in public procurement to local companies Kampala, Uganda | ISAAC KHISA | For quite a while, Uganda’s entrepreneurs have been lagging behind owing to the stiff competition from big foreign firms. But this could soon come to an end following …
Read More »The Independent’s Isaac Khisa scoops continental award
Kampala, Uganda | THE INDEPENDENT | The Independent business writer, Isaac Khisa, has once again emerged as one of the five winners of the 2020 Pan-African Re-Insurance Journalist Awards organized by the leading Pan-African Reinsurance firm, Continental Reinsurance Plc. The virtual awards ceremony was held on May 27 2020, following the …
Read More »Rebooting Uganda’s economy post COVID-19
Private sector present various stimulus packages to government on how kick-start business activities back to normal growth curve Kampala, Uganda | ISAAC KHISA | Life is slowly returning to normalcy in Uganda’s towns save for those that lie on the borders with neighbouring countries. Shops and restaurants are back to …
Read More »COVID-19: Is this the end of ‘cheap’ flights?
Airlines say social distancing onboard could mean high costs for passenger air transport Kampala, Uganda | ISAAC KHISA | International Air Transport Association has warned that air ticket prices could rise up to 54% depending on the region if airlines are forced to exercise social distancing onboard due to the …
Read More »Inside Kampala’s public transport politics
Phasing out 14-seater taxis, boda bodas in the city is welcome but needs time to implement Kampala, Uganda | ISAAC KHISA | Those who drive or commute in Kampala City can attest that a lot has changed over the past decades. Public transport service has become busy and messy. Passengers …
Read More »Postponing AfCFTA would be a mistake-African business leaders
But CSOs say carrying out negotiation virtually will defranchise majority of the stakeholders Kampala, Uganda | ISAAC KHISA | African Business leaders across the continent have signed a joint letter calling for the ministers and heads of state to stick to the July 1 deadline for the free trade agreement …
Read More »Afreximbank unveils a US$3million COVID-19 Response Grant
The bank’s net profit increased from US$275.9million in 2018 to US$315.3million last year Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank, has unveiled a US$3-million grant to complement continental efforts to combat the COVID-19 pandemic. The Bank’s President Prof. Benedict Oramah, who made the announcement in …
Read More »Uganda’s 2020/21 budget shoots to Shs 45.4trillion
Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched …
Read More »Africa trade fair in Kigali postponed due to COVID-19
The third edition of IATF has also been postponed from 2022 to 2023 to be in line with the two-year intervals between IATF events. Kampala, Uganda | ISAAC KHISA | Owing to the ravaging COVID-19 pandemic, the African Export-Import Bank, the African Union and the Rwandan government have decided to …
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