Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Thomas Tayebwa has asked legislators from Germany to interest their investors to set up shops in Uganda. Tayebwa told a delegation from the Bundestag (Germany’s National Assembly) led by Stefan Rouenhoff, who represents the State of North Rhine-Westphalia, that the country …
Read More »Zimbabwean president defends Chinese investment in Africa against Western incitement
Harare, Zimbabwe | Xinhua | Zimbabwean President Emmerson Mnangagwa has praised Chinese investment for changing the economic landscape in his country and other parts of Africa, while blasting the West for plundering African resources for decades. In his weekly column for the government-run The Sunday Mail newspaper, Mnangagwa said that the …
Read More »Museveni woos Turkish investors to Uganda
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said he doesn’t care who owns what business in Uganda for as long as the businesses are generating revenue for the country. Speaking to the Deputy Minister of Trade in Turkey, Riza Tuna Turagay at the sidelines of the ongoing Uganda-Turkey …
Read More »WHO calls for continued innovation to fight malaria
Malaria vaccine could save the lives of an additional 40,000 to 80,000 African children each year if widely deployed Geneva, Switzerland | Xinhua | The World Health Organization (WHO) has called for continued innovation and increased investment in fighting malaria. Ahead of World Malaria Day on Monday, the WHO announced that …
Read More »West Nile investors challenge Govt on poor roads
Nebbi, Uganda | THE INDEPENDENT | Local investors in West Nile are demanding that the government improves the poor state of roads if the sub region is to become a key investment hub. The Investors made the appeal in Nebbi district, during the first West Nile investment summit organized by …
Read More »Ugandans can now invest in global companies with as little as $1
Kampala Uganda | THE INDEPENDENT | Chipper Cash has today launched a product that will enable Ugandans invest in publicly traded global companies like Amazon, Tesla or Facebook. The launch of the Chipper’s Global Stocks Investing product makes it the first company to offer fractional stock investing in Uganda. The African fintech …
Read More »EAC experts to identify investment incentives for antibiotics production
Dar es Salaam, Tanzania | Xinhua | Experts from the member states of the East African Community (EAC) on Wednesday began a two-day meeting aimed at identifying investment incentives for antibiotics production in the region. Jean Baptiste Havugimana, the EAC director of Productive Sectors, told the meeting in Tanzania’s northern city …
Read More »Aim for financial independence, as you mark Independence Day
As the theme for the national 59th independence says, secure the future through mindset change. You cannot attain financial independence in retirement if you don’t plan and work for it today. COMMENT | Lydia Mirembe | As we celebrate our 59th National Independence anniversary, it is a good time to …
Read More »Investment authority, UPDF in joint construction of industrial parks
Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority (UIA) has partnered with the Uganda Peoples Defence Forces (UPDF) to construct 25 industrial parks across Uganda. The partnership was Thursday formally announced in a meeting between UIA’s Director General Robert Mukiza and the Managing Director of National Enterprise Corporation (NEC), Lt …
Read More »Experts warn unrest in South Africa could deter investors, worsen food insecurity
Johannesburg, South Africa | Xinhua | The looting of shops, burning of trucks, and destruction of property in South Africa following the jailing of former South African President Jacob Zuma could discourage potential investors from investing in the country and worsen food insecurity, experts have warned. “The Minerals Council South …
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