Business

EACOP Ltd announces the closing of the first financing tranche for the East African crude oil pipeline project Kampala, Uganda | THE INDEPENDENT & URN | EACOP, the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to …

KAMPALA, UGANDA | THE INDEPENDENT | Driven to extend digital and financial inclusion across Africa, MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria, while ensuring compliance with local regulatory and statutory requirements. These sharing agreements target improved network cost efficiencies, expanded coverage …

‘Embrace Digital Marketing and Networking to Promote your Business’ Lira, Uganda | THE INDEPENDENT | It is not too late for women in Lira City to grasp digital marketing tools to help enhance their businesses, an expert has advised. “The youth you see here are beating you in selling their …

KAMPALA, UGANDA | THE INDEPENDENT | Uganda’s intellectual property owners can now be viewed by millions of searchers worldwide, following the addition to the TMview trademark search tool of the European Union. The Uganda Registration Services Bureau (URSB) has officially joined the EU Intellectual Property Office (EUIPO) trademark  search tool, …

The RISE platform enables financial institutions to create demand for sustainable finance by turning societal, economic, and environmental challenges into transformational business opportunities Kampala, Uganda | THE INDEPENDENT | On March 20, the Uganda Development Bank (UDB) launched the Reshaping Industries for a Sustainable Economy (RISE) Program, an initiative that is …

The report finds African governments impose average export tariffs of more than 13% on finished consumer goods, compared to under 4% for primary goods  ANALYSIS | JOHN BASQUILL |   Tariff structures in developing markets are holding back efforts to add value domestically and export finished goods, limiting firms’ access …

The government seeks to create 150,000 jobs for the youth Kampala, Uganda | THE INDEPENDENT | US based Business Process Outsourcing (BPO) firm, Helpware, has welcomed the government’s newly launched BPO policy, saying it will boost the country’s global competitiveness and attract foreign investment to the sector. The policy, developed by …

WASHINGTON | Xinhua |  U.S. President Donald Trump on Monday said that he may “give a lot of countries breaks” on tariffs, as his April 2 deadline to impose “reciprocal tariffs” on U.S. trading partners draws closer. “I may give a lot of countries breaks, but it’s reciprocal,” Trump told …

Tororo, Uganda | THE INDEPENDENT | Security operatives from the Internal Security Organization (ISO) and the Uganda Police Force have raided a cement adulteration ‘factory’ in Tororo district, seizing over 700 bags of counterfeit cement and arresting five suspects in connection with the illegal operation. The cement was confiscated from …

Kampala, Uganda | THE INDEPENDENT | Just three months after its launch, the National Social Security Fund’s (NSSF) flagship voluntary savings product, Smartlife Flexi, has surpassed Shs5 billion in savings, with informal sector micro-savers leading the charge. Praised for its flexibility, the product targets informal sector workers and the self-employed, while …