Tag Archives: investment

  Johannesburg, SA | XINHUA | Headquartered in Johannesburg, the African Energy Chamber (AEC) on Friday called for African governments to create a conducive environment and introduce tax concessions for the sector to contribute to economic growth. NJ Ayuk, AEC executive chairperson, made the remarks on Friday while speaking on …

Kampala, Uganda | XINHUA | British Prime Minister Boris Johnson warned Monday of bumpy times ahead amid a looming recession in Britain, but insisted there would be no return to austerity in the country. In a broadcast interview on the Times Radio newly launched in London, Johnson said he was …

Kampala, Uganda | Isaac Khisa | How can African countries boost cross-border financing solutions on the continent? This was the main issue discussed during the Pan-African e-conference hosted by the United Capital PLC, a Nigerian-based financial and investment Services Company, on Friday. Peter Ashade, the Group CEO at United Capital Plc. …

Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) predicts a significant decline in both Foreign Direct Investment (FDI) and domestic direct investment (DDI), particularly in tourism, transport and construction sectors due to the economic crisis induced by the COVID-19 pandemic and shutdown. The value of planned FDI …

Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has set in motion the largest drop in global energy investment in history with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new …

UK puts visas into pitch for post-Brexit trade with Africa London, United Kingdom | AFP | Prime Minister Boris Johnson told African leaders Monday that Britain would be more open to migrants from their continent after Brexit as he hosted a summit intended to boost trading ties. He also promised …

China starts lifting restrictions on foreign investment Beijing, China | AFP |  China has started lifting major restrictions on foreign investment in its financial sector, a move long demanded by the United States as the world’s two biggest economies are locked in a fierce trade battle. From the start of …

Kampala, Uganda | THE INDEPENDENT | The Nordic and East African countries have held the first ever business expo and conference aimed at opening up investment opportunities in the two world economic regions. Organized by Ferrum Capital, Debridge, Uganda Embassy to the Nordic Countries and Uganda Urban Expo, the three …

Washington, United States | AFP |  As a professional woman in her late 30s, Kate Packard was keen to start investing. Like many novices, her enthusiasm took a knock when she hit a wall of impenetrable jargon — and was all but killed off by “mansplaining” from the men around …

    Kampala, Uganda | THE INDEPENDENT | A team of Egyptian investors plan to set up a home appliances assembly plant in Uganda. The plant will be used to assemble parts of fridges, gas cookers and washing machines. The plan was disclosed by Egypt’s First Assistant to the Minister of …