Kwesé TV, Africa’s newest broadcast network on Tuesday launched its dynamic satellite TV service in Uganda, bringing a whole new world of premium sports and general entertainment content to market. Kwese’s entry will be closely watched by already existing players such Star Times, MultChoice (Dstv and GOtv), Azam and Zuku
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The Uganda Shilling weakened and breached the key resistance level and traded above the 3600 during the week ending 13th October 2017, driven by the surge in demand from importers and inter-bank. After months of stability, trading was in the range of 3620/3630. In inter-bank money market, overnight funds traded
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Uganda’s leading Hotel and Safari Lodge have been named at the World Travel Awards 2017 held on Tuesday evening in Kigali, Rwanda. Kampala Serena Hotel was voted as the best in Uganda for the 5th consecutive year. It beat of stiff competition from Hotel Le Petit Village, Laico Lake Victoria
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Uganda Telecom (UTL) and WIOCC Tuesday announced a major Internet capacity partnership that will facilitate delivery of more data capacity and faster speeds in Uganda, while further lowering the cost of the internet to millions of Ugandans. The initiative was launched at a media briefing held at the Kampala Serena
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October 9, 2017 marks 55 years since Uganda attained independence from Britain. However, the desire to be politically, economically and socially independent largely remains a dream. While it’s true that Uganda has witnessed unprecedented political turmoil (largely caused by Ugandans themselves) which has negatively devastated the economy, many Ugandans still
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Uganda’s women have made remarkable progress across various sectors of the economy since 1962. However, they are yet to make significant inroads in the banking sector especially in top leadership positions. For example, out of the 24 operating banks in Uganda, there is only one woman heading a bank-Annet Nakawunde
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Hajji Hassan Katende and his wife Nassali Janat Katende are quite an admirable couple and family, thanks to the transformation they have undergone in recent years. Although they are located in Kaberebere Town Council, Isingiro district, they are economically very far compared to many Kampala dwellers. “We were not badly
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The Uganda shilling was relatively stable following the Central Bank slight reduction of the policy rate from 10% to 9.5% during the week ending 6th October 2017. Market demand and supply dynamics were at par, with some players seen building positions ahead of a short trading week of independence holiday.
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In the run up to Uganda’s 55th independence anniversary celebrations scheduled for October 9, 2017, Business Focus will be running stories about the economic progress the East African country has made. Uganda attained independence from Britain on October9, 1962. And to attain full economic independence, the then President Idi Amin
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Uganda’s business conditions continue to improve despite a slight decline in September, a latest report on the economy says. Announcing the Stanbic Bank Purchase Managers Index (PMI) for September at a press briefing in Kampala, Jibran Qureshi, the Standard Bank’s regional economist for East Africa noted: “Even though the headline
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