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Tag Archives: Business

Uganda’s economy on recovery trend

    Kampala, Uganda | Xinhua | Uganda’s economy is on a recovery trend from the downturn caused by the COVID-19 pandemic, a new report by the ministry of finance showed Wednesday. The monthly performance report for October showed that for the fourth consecutive month, the Purchasing Managers’ Index (PMI) has …

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Government urged to support women in markets

Kampala, Uganda | Julius Businge | Women of Uganda working in markets play an important role in moving the economy and catering for family basic needs. This is one basis that people advocating for improved working conditions for women in markets are fronting. Speaking at the 4th National Women Market Symposium …

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Banda business community comply with police directives, remain closed

Kampala, Uganda | THE INDEPENDENT | Business operators in busy Banda area along Jinja road have adhered to police directives not to operate during the presidential nomination period. Sunday evening and Monday morning, police visited different businesses in Banda along Jinja road and asked them not to operate for the two …

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High business collapse trailing Uganda’s economy

Kampala, Uganda | THE INDEPENDENT | Knowledge gaps and the high costs of doing business remain a major hindrance to Uganda’s economic growth as most business enterprises started in the country do not survive beyond their first birthday. Ronnie Mulongo, manager Private Sector Foundation Uganda (PSFU) says that some entrepreneurs lack …

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Delayed opening of education institutions killing Makerere businesses

Kampala, Uganda | THE INDEPENDENT | Residents of Makerere-Kikoni a Kampala suburb that borders the western part of Makerere University are shedding fresh tears after their hopes of resuming business were dashed by government’s denial that education institutions would soon open. The government’s denial of allegations of reopening of schools …

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Kenya sets up transport, logistics network to cut business costs

Nairobi, Kenya | XINHUA | Kenyan President Uhuru Kenyatta on Friday established a framework for the management, coordination and integration of public port, railway and pipeline services under the Kenya Transport and Logistics Network (KTLN). In an Executive Order issued in Nairobi, Kenyatta said the network brings together Kenya Ports Authority …

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