Mombasa, Kenya | NEWS CORRESPONENT | Ugandan and Kenyan private-sector bodies have signed three agreements on tourism, trade and investment at a regional summit in Mombasa, Kenya. The memoranda of understanding (MoUs) were signed on the opening day of the fifth Uganda–Kenya Coast Tourism and Innovation Summit …
Read More »Parliamentary overreach risks raising Uganda’s investment costs
NEWS ANALYSIS | TINAH AKETCH | Uganda’s push to attract investment is confronting a challenge beyond financing and infrastructure: uncertainty over whether government contracts will survive parliamentary scrutiny without disruption, costly disputes or demands for cancellation. Across enquiries into expressway operations, vehicle inspections and digital number plates, Parliament …
Read More »Absa targets growing appetite for investment
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has launched a wealth investment and advisory proposition as demand for professionally managed investment products grows, with assets in Uganda’s Collective Investment Schemes reaching Shs7.06tn. The new Absa Wealth proposition, launched on Oct.7 in Kampala is designed to help customers invest, diversify, …
Read More »KURA calls on Ugandans to give every shilling a purpose
SPECIAL FEATURE | THE INDEPENDENT | For a teacher putting aside part of a monthly salary, a young professional making the first serious savings of their career, a couple building a business or a group of friends contributing to an investment club, wealth can feel like something that …
Read More »EAC launches platform to unlock circular economy investment
Waste generation in the region increased to 180 million tonnes in 2023 from 90 million tonnes in 2010, according to a presentation by Gift Gabriel Mbuya of the East African Business Council Nairobi, Kenya | THE INDEPENDENT | East African governments and businesses have launched a regional …
Read More »Tanzania seeks fresh investors in growth bid
SPECIAL REPORT | Tanzania is courting investment in transport, logistics and technology as it seeks the next phase of growth. Lennox Yieke reports. At $90.14bn, Tanzania’s 2025 GDP is roughly 36% higher than the $66.07bn recorded in 2020 and nearly double the $47.41bn figure reported in 2015. The economy …
Read More »Uganda’s golf breakthrough opens new window for tourism, business and investment
Kampala, Uganda | THE INDEPENDENT | Uganda is set to gain greater visibility on the international golfing circuit this September after the Pearl of Africa Golf Series became the country’s first professional golf tournament to attain Official World Golf Ranking (OWGR) status under the Sunshine Development & BET Tour. The recognition …
Read More »BOU deputy governor to share insights at Equity Bank diaspora webinar
Equity Bank hosts diaspora Investment webinar Kampala, Uganda | NEWS CORRESPONDENT | As Uganda’s diaspora continues to send record remittances back home, Equity Bank Uganda is strengthening its efforts to help turn these financial inflows into long-term investments that create businesses, jobs and sustainable wealth. On Saturday, 1 August …
Read More »Britam, Airtel Money partner to expand access to insurance and investment services
Kampala, Uganda | THE INDEPENDENT | Britam Uganda and Airtel Mobile Commerce Uganda Limited have launched a partnership aimed at expanding access to insurance, investment and other regulated financial services through Airtel Money, as financial institutions increasingly turn to digital platforms to deepen financial inclusion. The collaboration will enable customers …
Read More »Uganda hails Canton Fair as gateway to trade, investment opportunities
Kampala, Uganda | Xinhua | Uganda said Wednesday that the China Import and Export Fair, also known as the Canton Fair, is a strategic platform for boosting trade and investment partnerships. Uganda’s participation in the fair in Guangzhou, Guangdong Province, was aimed at expanding exports, attracting foreign direct investment, and …
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