Middle East Consultants Ltd (MECL), Uganda’s leading labour recruitment and exporting agency has revealed that it will soon start exporting Ugandans to China for lucrative jobs. This was revealed by MECL Managing Director, Gordon Mugyenyi in an exclusive interview with Business Focus at the sidelines of the National Symposium and
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Former Boda Boda Rider Reveals How Dubai ‘Kyeyo’ Has Changed His Life
Abdul Katumba, 36, was a boda boda rider in Kampala. He could only manage to feed his family from his tiresome job, leaving him with a number of financial issues. He couldn’t continue with this situation lest he would die a poor man! When opportunity knocked, he couldn’t resist grabbing
Read MoreRobert Kyagulanyi, a Ugandan pop star-turned-opposition politician whose detention last month drew international attention, has called on the United States to stop supporting his country's military. In an exclusive sit-down interview with Al Jazeera, his first for television since receiving treatment at a hospital in the US, the 36-year-old, who also goes by the
Read MoreBy Aloysious Kasoma The coming of India Prime Minister Narendra Modi to Uganda was a blessing to Uganda’s tourism sector, Jean Byamugisha (JB) (in featured photo), the Chief Executive Officer of Uganda Hotel Owner’s Association (UHOA) revealed in an interview with Business Focus (BF) on Wednesday. UHOA is one of
Read MoreInterview: Minister Reveals Big Plans For New National Airline Taking Off In January
Uganda’s fledgling national airline will be a candidate for an initial public offering and closer cooperation with other carriers if the launch goes as planned, Bloomberg reports. Uganda Airlines, which last month signed deals for Airbus SE wide-body jets and Bombardier Inc. regional planes, is due to begin operating 19
Read MoreINTERVIEW: Meet 27 Year Old Entrepreneur Changing The Face Of Uganda’s Solar Energy
On July 27, 2018, Powah Limited, a Ugandan solar solutions company received US$25,000 ( about Shs92.5m) grant from Trade and Development Bank (TDB) Group to construct and design a solar run lab and livelihood centre in Nakivale Refugee Settlement. The hub is a livelihood centre constructed and developed from a
Read MoreAccess Agenda: Umeme Aligns Investment To Increase Power Penetration
With ongoing investment in the generation capacity through the constructions of Karuma, Isimba and other mini hydro stations, Umeme is aggressively aligning its investments to increase access, readiness for increasing generation and the contentious pricing of the end-user tariffs. This focus is in line with government ambition of increasing electricity
Read MoreBank Of India Boss: We Are Happy To Run Profitably & Grow Our Market Share Steadily
Bank of India (BOI) Uganda is one of the most profitable banks especially among the new ones. Although it has less than 1% industry market share, BOI has been posting profits since it rejoined the Ugandan market in 2012. It was the 14th most profitable bank in 2017 out of
Read MoreGovernment’s plan to ban importation of cars eight years old or more with the aim of protecting the environment and Ugandans against the dangers resulting from air pollution (by older cars) has attracted public criticism. Some analysts are wondering whether it will be implemented when ‘kaveera’ ban also meant to
Read MoreThe 2018/19 tax-heavy budget has sent many Ugandans’ tongues wagging. The Shs200 daily tax on social media, reinstatement of corporation tax on SACCOs making profits and 1% tax on Mobile Money transactions and 15% on Money transfers are some of the proposed taxes that have received a lot of criticism.
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