Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA is set to host the first-ever Kampala Business and Investment Summit next month. The event is organized by KCCA and the African Center for Economic Dialogue- AfCED under the theme “Unlocking Financing and Investment for a Sustainable, Inclusive and Smart …
Read More »Goldstone Enterprise Consulting & Training Ltd hosts successful investment readiness training in Ntinda
Kampala, Uganda | PATRICIA AKANKWATSA | Goldstone Enterprise Consulting & Training Ltd, a consulting firm in Uganda, hosted a three-day Investment Readiness Training from May 3-5, 2023 at the 8 Winx Hotel in Ntinda. The training was designed to empower entrepreneurs with the tools and strategies needed to attract investment and …
Read More »Ethiopia expects increasing investment from China
Addis Ababa, Ethiopia | Xinhua | Ethiopia anticipates increasing foreign direct investment from China, Ethiopian officials have said. Lelise Neme, commissioner of the Ethiopian Investment Commission, told Xinhua that her office has witnessed increasing investment requests from Chinese investors. “My expectation of the Chinese investment in Ethiopia would double shortly. We …
Read More »Wazalendo advised to invest in Service and Real Estate
Jinja, Uganda | THE INDEPENDENT | The commandant of UPDF’s land forces, Lt. Gen. Kayanja Muhanga, has challenged the leaders of Wazalendo Sacco, to invest more in the hospitality industry and real estate businesses, which will increase their profit returns. Wazalendo prides in a total membership of 91,000 people, comprising of …
Read More »Adidas warns of losses
Kampala, Uganda | THE INDEPENDENT | On Feb.10, Adidas warned over the potential major impact on its profits of ending its partnership with rapper and fashion designer Kanye West last November. The firm’s new boss said it could lose hundreds of millions of dollars this year if it decides not to …
Read More »Simba Telecom to invest US$1million in New Year investment plans to boost its market presence
Kampala, Uganda | ISAAC KHISA | Local telecommunication devices and airtime solutions provider Simba Telecom has confirmed plans to enhance its market presence and effectiveness by improving its retail distribution capacity. The Simba Group operating subsidiary, which is also integrated telecommunications firm MTN’s lead distribution partner, is investing about US$1,000,000 in …
Read More »FAO urges Uganda on public investment in agriculture
Kampala, Uganda | Xinhua | The United Nations Food and Agriculture Organization (FAO) has urged Uganda to repurpose public investment in agriculture to spur economic recovery in the face of the COVID-19 effects and the Russia-Ukraine conflict. A report, issued by the FAO late on Wednesday, said in the context of …
Read More »UDB disburses Shs237bn in third quarter of 2022
The Bank’s investment portfolio improve 15% to Shs1.8tn | THE INDEPENDENT | Uganda Development Bank Ltd (UDB) has reported that it disbursed loans worth Shs237bn in the third quarter of 2022, lower than Shs333bn that was approved in the period under review, it said in a media release dated Oct.28. …
Read More »Leveraging data for the public good
Governments need to stop using a one-size-fits-all approach when planning investments or designing policies COMMENT | CHRISTOPHER PISSARIDES, FADI FARRA AND AMIRA BENSEBAA | The digital age has taught businesses to see people as individuals rather than just as members of certain demographic cohorts. On social media, we receive …
Read More »HOUSING FINANCE BANK: You can now buy Treasury Bills and Bonds from anywhere, at any time
For as low as Shs100,000, you can start investing in your future with Housing Finance Bank through the portal SPECIAL FEATURE | BUSINESS | Housing Finance Bank has launched its Securities Portal. The online portal, which is housed on the Bank’s website, allows customers to buy Treasury Bills and Bonds from anywhere, …
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