Business

Uganda Airlines to make losses for first two years—NPA projection

Business
Uganda Airlines is projected to make financial losses in the first two years of operation and to break even in the third year, according...

How some ventures continually stay ahead of the crowd

Business
By Martin Zwilling As a business advisor, I have long been surprised by the large number of industry stalwarts, including Blockbuster, Kodak, and General Motors,...

AfDB, UDB sign $20m loan deal to support local SMEs

Business
The African Development Bank (AfDB) has approved a US $20 million (about Shs74 billion) loan to the Uganda Development Bank Limited (UDBL), the first...

What next for distressed banks like DFCU now that BoU won’t give them loans?

Business
The Bank of Uganda Governor Prof. Emmanuel Tumusiime-Mutebile while addressing delegates at the Annual Uganda Bankers’ Conference on July 17 in Kampala, categorically stated...

Survey shows sharp drop in Social Media and Mobile Money usage

Business
As parliament prepares to debate 0.5 percent tax on mobile money withdraws and Shs200 daily tax on social media, results of the latest survey...
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