Uber narrows losses, growth slows on the road to IPO
Uber last Friday released earnings figures that showed its loss narrowed in the final quarter of last year while revenue growth slowed as the...
Magufuli stance, Uganda politics impact Uganda crude oil pipeline
Tanzania’s insistence that any disputes arising out of the 1445km East African Crude Oil Pipeline be settled locally under Tanzanian law could cause further...
UNBS confiscates 5000 fake mattresses
Uganda National Bureau of Standards (UNBS) on Friday seized substandard mattresses worth Shs500m at Sekaziga House, a mall in downtown Kampala.
UNBS officials began the...
Stanbic Bank Appoints New Head Of Corporate Banking
Stanbic Bank Uganda (SBU), the top provider for credit to individuals and businesses in Uganda, has appointed Emma Mugisha as the new Head of...
Uganda to host summit on business leadership
Next week Uganda will host a strategic leaders summit under the theme, ‘Innovation, leadership and entrepreneurship development in times of uncertainties’.
Emmanuel Dei-Tumi, the founder...
President Museveni Urges Jewish Organisations To Invest In Uganda
The president of the republic of Uganda, President Yoweri Museveni yesterday met and held a discussion with a group of representatives from 53 Jewish...
Digital technology blurring business models, boundaries
Businesses will have to rapidly evolve and adopt new operational models if they are to survive a global wave of disruptive technology that is...
Rwandan Parliament Approves 2019/20 National Budget
The Rwandan Parliament yesterday approved the proposal by the Government to increase public spending for this fiscal year by Rwf141 billion (UGX575b), The New...
Africa TMT investment increases as Ethiopia telecom privatisation leads new wave of deals for...
Pan-African telecom operators MTN, Orange and Vodacom are among those vying to enter Ethiopia for the opportunity to serve its 105 million population following...
Ugandan tycoon to set up smartphone factory in Rwanda
Ugandan tycoon Ashish Thakkar is in talks with the Rwandan government to set up the country’s first smartphone factory, The New Times, a Kigali-based...