Business

Kampala, Uganda | Police at the Clock-Tower in Kampala is on the spot for extorting money from city dwellers who want to access the city centre. Due to the ongoing construction of the Kampala Fly Over project, barricades have been set up to control traffic flow at the site. This …

Johannesburg, South Africa | Xinhua | The civil unrest characterized by looting and burning of property was planned and coordinated, President Cyril Ramaphosa said on Friday during his visit to KwaZulu-Natal (KZN). “Our intelligence services and our police have now got a line of sight of what was actually happening …

Kampala, Uganda | THE INDPENDENT | President Yoweri Museveni has appointed new Permanent Secretaries (PSs), with Makerere economics don Ramathan Ggoobi replacing Keith Muhakanizi at Ministry of Finance. Muhakanizi has been moved to Office of the Prime Minister. Geraldine Ssali is the new PS Ministry of Trade, Industry and Cooperatives, …

Nairobi, Kenya | Xinhua | The growth of the fisheries industry in Africa is in jeopardy amid subsidies from rich economies that have encouraged unfair competition and exploitation of the resource that harms the marine ecosystem in the continent, experts said in Nairobi on Wednesday. Rashid Sumaila, a Nigerian scholar and …

The conference will focus on strengthening capacity to thrive in the 4th industrial revolution Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) is set to hold the 4th Annual Bankers Conference on the July 26-27, under the theme: Bend but don’t break: How the financial sector can thrive in …

Three Entrepreneurs in South Africa, Ghana, and Uganda will be awarded matching grants of between €10,000 – €15,000 Berlin, Germany | THE INDEPENDENT | A Ugandan firm that offers smart metering solutions for solar mini-grids, is one of three winners of the 2021 SEED Low Carbon Award (SEED Awards). The other …

The level of intra-Africa trade is still low compared with the other continents in the world | THE INDEPENDENT | Rwanda has withdrawn from hosting the second Intra-African Trade Fair (IATF2021) citing logistical constraints related to the COVID-19 pandemic that has adversely affected the progress of construction of a new …

The risk of extending the COVID-19 lockdown could delay rebound in economic activity Kampala, Uganda | JULIUS BUSINGE | Uganda’s private sector activity slowed in June, the second time in a row, with businesses forecasting a dejected outlook for the few months ahead as a result of the ongoing second …

Four years ago, the Dutch government launched the Netherlands Trust Fund IV (NTF IV) project in Uganda to empower fintechs, generate new technologies and teach them business basics. However, last month, the project that was implemented in partnership with the Dutch Centre for the Promotion of Imports from Developing Countries …

But a shift in occupier preferences towards more flexible lease terms, with shorter rent payment periods could impact occupancy levels at the lower end of the market Kampala, Uganda | ISAAC KHISA | Kampala recorded an increase in prime office occupier demand across various sectors, ranging from agriculture, food and …