Business

Mbale, Uganda | THE INDEPENDENT | Farmers in Bududa district have rejected banana plantlets delivered by the National Agricultural Advisory Services-NAADS under the Operation Wealth Creation-OWC program. Recently, the NAADS secretariat delivered over 4000 banana plantlets to the district for distribution to the farmers to boost banana productivity and increase …

Tanzania plans to produce over 670,000 tons of sugar annually by 2024 Dar Es Salaam, Tanzania | XINHUA |  A senior Tanzanian government official said on Saturday plans are afoot to increase production of sugar from the current 367,000 tons annually to 672,000 tons annually by 2024. Gerson Msigwa, the …

Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Africa in Uganda has reinforced its commitment to the Buy Uganda Build Uganda (BUBU) agenda with the launch of a brand-new product, Ades Nutri-Bushera. Ades is the global brand for Plant-Based Beverages for the Coca-Cola Company that represents delicious throughout the day …

Rome, Italy | Xinhua | Earlier this week, the European Union recommended that member states reinstate travel restrictions for travelers arriving from the United States, but some analysts don’t expect the change to have a significant impact on the bloc’s recovering tourism sector. Some member states, such as Italy and …

Malaba, Uganda | THE INDEPENDENT | Uganda Railways Corporation-URC has received 4 fully refurbished locomotives from Grindrod Rail, South Africa as part of its efforts to revamp railway transport and reduce pressure on the road. The locomotives have a haulage capacity of between 750 to 1500 tons and can last between …

Kampala, Uganda | THE INDEPENDENT | The planned rationalization of Uganda’s Public Sector Agencies will not bear much fruit unless the president’s powers to create units under his office, are trimmed, according to experts. The government has for the last three years been toying with the idea of reducing the …

IFC is working with stakeholders across the East Africa region to extend credit information system to cover the digital mobile lenders Nairobi, Kenya | Xinhua | The International Finance Corporation (IFC) said on Thursday it plans to promote the uptake of mobile digital loans in East Africa in order to boost …

Emerging technologies like cloud services are accompanied by risk of sophisticated attacks like email phishing, malware, identity theft and data intrusion Nairobi, Kenya | Xinhua | The risk of cyber attack among large and small business entities in Africa escalated at the peak of the COVID-19 pandemic when remote working gained …

Kampala, Uganda | THE INDEPENDENT REPORTER | Stanbic Bank Uganda has countered fraudulent activity by a few of its banking agents aimed at defrauding the bank. The bank was quick to add that the incident did not affect customer transactions or balances and that agency banking services continue to operate …

  Kampala, Uganda | INDEPENDENT REPORTER |  Uganda Breweries Limited unveiled the inaugural East African Breweries Limited (EABL) Sustainability Report to the government, the media and the public. The report, which was released by all three subsidiaries under EABL (Uganda Breweries, Kenya Breweries and Serengeti Breweries) is meant to highlight …