Kampala, Uganda | JULIUS BUSINGE | People do not need a stock exchange account but instead need an account to save their money safely and be able to make small transactions. This is what stood out from a speech delivered by Warren Carew, representing Bill and Melinda Gates Foundation at …
Read More »Balance investments in infrastructure and human capital
Massive infrastructure development alone without well trained and skilled personnel will not help the country achieve desired economic growth targets. Kampala, Uganda | PATRICIA AKANKWATSA AND JULIUS BUSINGE | This was the message directed to the government during the recently concluded infrastructure conference in Kampala titled ‘infrastructure and human capital …
Read More »Sudhir’s new Shs36bn property
Real estate experts react on the Electrical Plaza near Nakasero Market Kampala, Uganda | JULIUS BUSINGE | Plot 11, Market Street and Kiyembe Lane in Kampala Central District have changed their physical face following the official opening of a new commercial building – Electrical Plaza. It joins a list of …
Read More »COMESA sees more business mergers, acquisitions
Executives urge ‘sleeping giants’ to quickly enact competition law for job creation Kampala, Uganda | JULIUS BUSINGE | There are mega opportunities that mergers and acquisitions are creating within the Common Market for Eastern and Southern Africa (COMESA). Statistics from the Zambian-based COMESA Competition Commission (CCC) that oversees transactions in …
Read More »COVER STORY: Hoima and 2021 election battles
Different ways opposition plans to force Museveni out of power Kampala, Uganda | JULIUS BUSINGE | Even after the Electoral Commission announced that their candidate had lost the recent by-election for Hoima District Woman MP, the opposition insists they won. Unlike in the past when the opposition rushed to court …
Read More »Forum exposes opportunities for businesses
Government to support private sector through new innovation framework Kampala, Uganda | JULIUS BUSINGE | Private sector companies have a chance to triple their growth once they adapt to the changing technology and business environment. This was the key message delivered by Dr. Geci Karuri – Sebina in a keynote …
Read More »GoldStar eyes sector opportunities
Azim Tharani, is the Managing Director for GoldStar Insurance Company Limited. He spoke to The Independent’s Julius Businge about industry opportunities Give a brief description of GoldStar Insurance services in Uganda? We were incorporated in 1994 but started business in 1996 when the industry was in its infancy stage by …
Read More »Why Uganda Clays recorded Shs722million loss
Performance was dented by routine factory maintenance and spikes in operating costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited, has recorded a Shs722million loss. But company officials say the future is bright. Financial results released on Sep.04 indicate that the loss in question was for …
Read More »Liberty Life Assurance to take lead in risk mitigation
Joseph Almeida is the managing director for Liberty Life Assurance Uganda Limited. He spoke to The Independent’s Julius Businge about their business and sector issues. What has been your contribution to Uganda’s economy since 2006? We pay roughly over a billion shillings a year as tax to Uganda Revenue Authority. …
Read More »Freight and logistics firms prepare to tap into oil opportunities
The firms are investing in staff, information technology and standards Kampala, Uganda | JULIUS BUSINGE | As Uganda slowly moves towards commercial oil production, companies in the freight and logistics sector are preparing their staff, investing heavily in information technology as well as standards to tap into the multi-billion sector. …
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