What does it cost to rent in Kampala and surrounding areas?
You could choose to pay one month’s rent in Naguru. Or pack your bags to Kiwatule and lock down a three bedroom for four months.
Uganda Business News
Too big to fail? The 65 firms Ugandan government apparently wants to bail out
The two most indebted firms on the list, which we are republishing, owe Shs201 billion each, while the third most indebted has outstanding loans of Shs120 billion.
Top Taxpayers: Total Uganda Limited
Total Uganda is a downstream petroleum company and a subsidiary of the French multinational, Total S.A. In 2010, the company established an oil and gas exploration affiliate, Total E&P Uganda.
Top Taxpayers: Vivo Energy Uganda Ltd
Vivo Energy Uganda is a subsidiary of Vivo Energy Investments BV, which markets and distributes Shell petroleum products in Africa. It launched in Uganda in 2013, taking over Shell’s business.
Top Taxpayers: MTN Uganda
MTN Uganda provides mobile and fixed telecommunications, mobile financial services and data services. The company has a market share of 51.1% and approximately 9 million subscribers as of December 2015.
Executive Profile: Bayo Folayan
The Nigerian entered the insurance industry in 1983 with Sakiina Insurance Brokers in Nigeria. Folayan has a BSc in Insurance from the University of Lagos and an MBA from the University of Ilorin, Nigeria.
Executive Profile: George Inholo
At the meeting that announced Inholo’s appointment, it was reported that the roofing tile maker had made a half-year loss of Shs2.4 billion. UCL went on to announce a record loss of Shs5.2 billion for 2014 and his task was clear: restructure the company and return it to profitability.
Executive Profile: Selestino Babungi
Babungi is the first Ugandan to head the power distribution utility. He joined Umeme in 2006 as credit control manager after six years at Ernst & Young, rose to area manager and later chief financial officer before his current post.
Executive Profile: Robert Kabushenga
In the decade Kabushenga has been in charge of New Vision, the media group has opened six radio stations, launched two television stations, including the popular Bukedde TV, and moved into digital publishing.
Executive Profile: Dadson Mwaura
Mwaura took over BATU at the tail end of a restructuring that disposed of its leaf business to focus on cigarette sales. BATU’s net profit fell by 44.8% during his first year in charge, from Shs36.7 billion in 2014 to Shs20.3 billion in 2015