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U.S. tariffs on South Africa threaten Namibia’s dollar liquidity

WINDHOEK, Namibia | Xinhua | Namibia faces tighter U.S. dollar liquidity and higher settlement costs, as the recently imposed 30-percent U.S. tariffs on South African exports weaken the very financial channels it relies on for cross-border trade payments, according to an analysis by Namibian research and investment firm Simonis Storm Securities …

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Uganda Embassy in Washington trains 100 exporters

Kampala, Uganda | JULIUS BUSINGE | On Aug.18, the Embassy of the Republic of Uganda in Washington, in partnership with US-based facilitator Elaine Robnett Moore launched a six-day training program designed to enhance the skills of 100 Ugandan artisans to explore entry opportunities for their products in the US market. The …

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MTN Uganda, WWF launch youth climate innovation challenge

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has officially launched the Pachi Panda Innovation Challenge in partnership with the World Wide Fund for Nature (WWF), a programme designed to support young people in creating business solutions that tackle food, energy, and water security challenges. The initiative, which began in …

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Works Minister commissions Foton Motors assembling plant at Namanve

    Kampala, Uganda | THE INDEPENDENT | The Minister of Works and Transport, General Katumba Wamala, has commissioned a Foton Motors assembling facility at the Foton Motors showroom in Namanve. Foton Motors, a subsidiary of Sunbelt Motors and globally recognised in the automotive manufacturing sector, launched the assembling facility in Uganda …

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