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Business - Kampala Dispatch
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Archive for the ‘Business’ section

What is happening with Rift Valley Railways?

News coming in from the company entrusted with running Uganda’s railway sector is not pleasant and workers have called upon government to repossess Uganda Railways. Something seems to be going terribly wrong within the railway transport sector, which is currently managed by Rift Valley Railways (RVR). RVR, which is controlled by private equity firm Citadel [...]

Learning entrepreneurship from the pros

Young entrepreneurs who are lucky enough to qualify for this yearly programme will find themselves a new friend-an established successful entrepreneur only a phone call away. The Mara Entrepreneurship Program involves the pairing of? young entrepreneurs with ‘mentors’ who can give them the guidance they need to take their business to the next level. This [...]

Money on the line

Joel Otabong, a 42-year old technician in a railways firm in Sweden supports over a dozen dependants, many of whom have been orphaned by a vicious insurgency that has wrecked northern Uganda over the past 22 years. “Every month I remit an average of $2,000 to my relatives for mainly education to my cousins and [...]

Africa produce less of global emissions but suffers most

Immaculate Amayo, a 34-year old mother of six, is among the thousands dreading a return to an Internally Displaced Persons (IDP) camp in Katakwi District. But she has no choice after recent rains flooded her village and destroyed her livelihood. The crops ? mostly cassava, sweet potatoes and ground nuts ? are rotting after heavy [...]

Traders cry foul at fluctuating dollar-based rents

Property owners are taking advantage of the battered shilling to charge exorbitant rental fees On average Jimmy Mugira, a designer operating in Printers’ Arcade along Nasser Road has been paying $1,025 monthly for the two roomed (5sq meters) premise on the second floor. “The previous quarter of May, June and July, I paid $1,054 per [...]

The ferry launch that never was

Pollution in Lake Victoria stalls intro of ferry project. Due to neglect and mismanagement, the ferry system serving Lake Victoria out-rivals supernatural myth as the stuff of legends. The collapse of railroads and ferries preceded that of the East African economies that depended on them. Sadly, the increased and disorganized road traffic makes transportation all [...]

The inside story of the Katatumba-SHUMUK saga

What started as a well-intended deal between two city businessmen has left one of them bruised and on the verge of losing all the assets that he acquired over decades of toiling. This tale, which started in the second half of 2008, saw Dr. Boney Katatumba enter into a deal to sell his prime property, [...]

The struggle for good customer service in Uganda

Want good customer service in Uganda? Good luck! The exchange of money for products or services rendered in Uganda is just that: a commercial exchange. The odds that the person supplying the products or services looks upon the individual handing the money over as a valuable ‘commodity’ in and of themselves is very, very rare [...]

Locals cry foul as Chinese expand in Uganda

Chinese businesses and investors are storming Uganda and Africa as a whole. How will this shift affect the future of the continent? Ugandans are not the only ones who know their country is brimming with resources. China, which has a long track record of strategically trading with and assisting African countries that have resource potential, [...]

More trouble at embattled utl

The government of Uganda invested massively in the telecom company and stands to lose billions of shillings if the situation is not rectified. by Edward Ronald Sekyewa The mess surrounding Uganda Telecom Limited (utl) does not seem to be improving, as one scandal after another continue to rock the company. In the first such scandal, [...]