Investors inject more money into existing ventures as new FDIs declineForeign Private Capital (FPC) inflows into Rwanda are growing marginally alongside a noticeable drop in Foreign Direct Investments (FDIs), according t... Read More

Govt seeks alternatives as 30% rise in construction costs sends single-bedroom house to Shs 50m Uganda has a shortage of over 1.6 million housing units, according to statistics from the ministry of Lands, Housing and Ur... Read More

What difference will arrival of big American companies make?From Energy, oil and gas engineering, to advisory and legal services, American companies are increasingly scrambling and bagging Ugandan business contracts. In ... Read More

Museveni doubles military expenditure, cuts education budgetThe budget increase in Uganda’s military expenditure even amidst global and regional defence cuts might be the latest indication of President Museveni’s strateg... Read More

Central Bank boss says outlook would be better if commercial banks make loans more affordableDespite a quickening in inflation in March, Central Bank Governor Emmanuel Tumusiime Mutebile remains cautiously optimistic abo... Read More

Total Launch ready for industry survey of local capacity needsLoic Laurandel, the General Manager, Total E&P Uganda spoke to The Independent’s Haggai Matsiko about the company’s operations and the current status of the o... Read More

Candidates must be willing to work long hours for low paySince Chief Justice Benjamin Odoki clocked 70 years on March 23, a day after the death of his acting deputy Constance KategayaByamugisha, reshaping the leadership ... Read More

Time to base the domestic electricity consumers charge on Time of Use formulaOnce again, the Uganda Electricity Regulatory Authority (ERA) board of directors is considering a power tariff increment.  A power price rise i... Read More

Consumer complaints pile as company plans to roll out pre-paid meters countrywidePower company Umeme’s branch office at Kitintale, a Kampala suburb, is a beehive of activity these days. On a visit to the office on March ... Read More

But can police expose `true owner’ of Dura Cement Ltd?When former Nyabushozi constituency MP Elly Karuhanga left parliament in 2001, eye-brows went up over his next move. The soft-spoken and debonair Karuhanga, with char... Read More