Kampala, Uganda | THE INDEPENDENT | A bill that aims to expand social security coverage by making contributions to the National Social Security Fund (NSSF) mandatory for all workers in the formal sector has been presented to parliament for its first reading. Minister of State for Youth and Children Affairs Florence …
Read More »Kenya Re eyes Ugandan market as profits fall
Kenya Reinsurance Corporation (Kenya Re) has set up a year-end deadline to open up a subsidiary in Kampala, according to its Chief Executive Officer, Jadiah Mwarania. Kampala, Uganda | ISAAC KHISA | Mwarania, who held an investor briefing in Nairobi on August.02 said the decision by countries such as Uganda, …
Read More »Water use in business
Project finds most manufacturers in Uganda unaware of opportunities in efficient water use Kampala, Uganda | RONALD MUSOKE | Uganda easily qualifies as one of the most “water secure” countries in Africa. In the south of the country you find Lake Victoria, Africa’s biggest freshwater lake while the world’s longest …
Read More »Commonwealth meeting brings opportunities
Kadaga globetrotting to promote conference | THE INDEPENDENT | Speaker of Parliament Rebecca Kadaga is traversing the globe in last minute efforts to rally colleagues from other parliaments to converge on Kampala for the 64th Commonwealth Parliamentary Conference (CPC). She was recently in Islamabad, Pakistani, for the Asia region Commonwealth …
Read More »Proscovia Nabbanja to head National Oil Company
Kampala, Uganda | THE INDEPENDENT | Uganda National Oil Company (UNOC) board of directors has appointed Proscovia Nabbanja as the acting CEO. The announcement comes after former CEO, Dr. Josephine Wapakabulo left office today. Nabbanja, 41, has been the chief operating officer upstream at UNOC. According to a profile on UNOC …
Read More »Stanbic half year net profit up 40% to Shs 134bn
The lender plans to focus on providing solutions that meet clients’ needs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank has registered an increase in net profit by almost 40% to Shs134bn in the first six months ending June.30, according to its financial results released on Aug.05. This performance was …
Read More »Looming battle for the East African skies
Uganda Airlines needs to come up with a strategy that will enable it capture a share of the regional aviation market Kampala, Uganda | ISAAC KHISA | A fierce battle is looming in the East African aviation market as Uganda’s national carrier, Uganda Airlines, takes to the skies on August. …
Read More »MUSEVENI: Subsistence farming a disaster for African families
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said his recent countrywide ‘wealth creation’ campaign aimed to continue his life-long assault on the bottleneck of the archaic tradition of subsistence farming. “The traditional way, where you only work for the stomach (subsistence farming), is a disaster for the African …
Read More »Risks, opportunities to Uganda economy
Mutebile leads experts to analyse ways to maintain high growth Kampala, Uganda | JULIUS BUSINGE | July has been a month of reflection by finance experts and economic technocrats on the future state of the economy as the new FY2019/20 kicked off. There is the nagging commentary that although Uganda …
Read More »How money creates a ‘dilute’ parliament
ANALYSIS: Get rich,for doing nothing in Uganda Kampala, Uganda | RONALD MUSOKE | Parliament usually holds leadership mentor-ship sessions for children and on June 19 it was the turn of prefects from Entebbe Junior School. Deputy Speaker of Parliament, Jacob Oulanyah, was the mentor of the day. He spoke to them …
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