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Tag Archives: Business

Microenterprise graduation leads to higher consumption, asset ownership

Kampala, Uganda | THE INDEPENDENT | A one-year microenterprise graduation program targeting the ultra-poor in rural Africa offers a cost-effective way to tackle extreme poverty, according to preliminary results of a new study released in Kampala on Thursday. These preliminary results suggest that Village Enterprise’s integrated “graduation” model—comprised of targeting, training, …

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Uganda’s inflation drops to 3%

Kampala, Uganda | THE INDEPENDENT | Uganda’s Annual Headline Inflation for January 2018 dropped to 3% from the 3.3% registered in December last year while Core Inflation fell to 2.6% from 3% , according to the latest figures provided by the Uganda Bureau of Statistics (UBOS). This is lower than …

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Kenya Airways’ Non-Stop flight to Cape Town

Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, will unveil non-stop Nairobi-Cape Town flights starting June this year in what appears to be a new wave of expansion. The airline will operate three times a week, every Wednesday, Friday and Sunday, using a Boeing B737-800NG aircraft. It …

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All 955 miners trapped in S.Africa rescued

Theunissen, South Africa | AFP | All 955 gold miners trapped underground for more than a day in South Africa after a power cut were rescued unharmed on Friday, to the joy of waiting relatives. “Everybody’s out,” mine spokesman James Wellsted told AFP, adding that there were no deaths or …

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Will Uganda’s bank for cooperatives be a reality?

Cooperative banks worldwide were financed by cooperatives societies  Kampala, Uganda | ISAAC KHISA | For some time now, Uganda’s cooperatives societies have expressed the need to re-establish the Cooperative Bank as their main source of capital for production, processing, diversification and value addition. Whereas they seem to have made a …

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Failing access to agriculture funding

Kampala, Uganda | THE INDEPENDENT | Despite increased allocations by government, private players and the donor community towards Uganda’s agriculture financing, the sector has remained underserved. A 2017 report by the Uganda Agribusiness Alliance on agriculture financing notes that whereas several government and donor facilities have been established to provide …

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