Business

Kampala, Uganda |  Isaac Khisa |The second Intra-African Trade Fair (IATF2021) is now set to take place from Dec 8-14, 2021, it has been confirmed. The African Export-Import Bank, the African Union and the Rwanda government decided to shift the date of the continental trade fair, which was previously scheduled …

Kampala, Uganda | THE INDEPENDENT | The growth of Uganda’s economy in the short term is threatened by the effects of the COVID-19 pandemic, the hovering threat of the desert locusts in the region as well as uncertain weather conditions. The Bank of Uganda expects the economy to grow by at …

Businesses and consumers that went digital helped mitigate the economic downturn caused by the pandemic Kampala, Uganda | THE INDEPENDENT | Amid slowing economic activity, Covid-19 led to a surge in e-commerce and accelerated digital transformation. As lockdowns became the new normal, businesses and consumers increasingly went digital, providing and purchasing …

  Long-term capital ensures long-life for the business Kampala, Uganda | THE INDEPENDENT | Financial experts have blamed the collapse of many companies over the last one year to the kind of capital that most of them use to run their activities. According to the Capital Markets Authority-CMA, the most common …

Stanbic continues to support clients as the economy recovers Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda (SBU) has paid out a total of Sh110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite prevailing challenges. At the peak of …

  Kampala, Uganda | THE INDEPENDENT | Agnes Namyalo Mayanja has been appointed Executive Director for KCB Bank Uganda Limited. As the Executive Director, she will deputize and support the Bank’s Managing Director in the overall strategy formulation and implementation of astute leadership and management in line with the Bank’s …

Kampala, Uganda | Julius Businge | Airtel Africa, a telecommunications and mobile money services provider has announced the signing of an agreement under which The Rise Fund, the global impact investing platform of leading alternative investment firm TPG, will invest US$200million in Airtel Mobile Commerce BV (“AMC BV”), it said on …

AVIATION NEWS | Airspace Africa | A recent report by the Auditor General of Uganda highlighting the financial Performance of Public Corporations and State Enterprises has laid bare the devastating effects of the global pandemic on Africa’s aviation industry with the new National Airline and the Uganda Civil Aviation Authority in the …

PELUM recommends that ministry of agriculture should prioritise and allocate funds for publicising, disseminating and educating citizens on standards Kampala, Uganda | Julius Businge | A membership civil society organisation, Participatory Ecological Land Use Management (PELUM) Uganda has added its voice on the current debate surrounding the quality of maize grain traded …

Kenya last year banned dairy imports from Uganda citing complaints by Kenyan farmers over the influx of Ugandan milk which was being priced lower than the one produced in their home country Kampala, Uganda | Julius Businge | Traders and civil society organisations in Uganda are urging the government of Kenya …