Tag Archives: investments

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has tasked Commonwealth countries to use their numbers to promote investments, work together on security and cultural exchanges. The President was on Thursday officiating at the opening ceremony of the 64th Commonwealth Parliamentary Conference (CPC) at Speke Resort, Munyonyo. The conference …

Kampala, Uganda | THE INDEPENDENT | Local investors in Gulu have cited lack of adequate market research and advisory services for dragging investments and business innovations in post-conflict Acholi sub-region. Jackson Odong, the proprietor of Jarib Industries LTD, a local firm dealing in honey; peanut and rice processing in Gulu …

Kampala, Uganda | THE INDEPENDENT | Economics’ Analysts have said it’s time for the government to start increasing budget allocated to the social sectors which have for years been dwarfed by works, transport and energy sector investments. Both experts from government, research institutions and international agencies spoke in unison during a …

Kampala, Uganda | THE INDEPENDENT | Kilembe Investments Limited-KIL has defied court orders restraining them from holding their Annual General Meeting. KIL held the Eighteenth Annual General Meeting on Thursday at Virina Gardens in Kasese town. Two shareholders were also voted to positions of directors of the board of the power …

Washington, United States | AFP | US Secretary of State Mike Pompeo on Friday accused China of seeking to build an “empire” by bribing leaders with investment and vowed to fight it “at every turn.” As tensions led by trade disputes soar between China and President Donald Trump’s administration, the …

Paris, France | AFP | Saudi Arabia’s global investment reach is impressive, stretching from stakes in Twitter and Uber to AccorHotels and Virgin Galactic — but the Khashoggi affair has thrown a harsh spotlight on its economic footprint. The following is a synopsis of the Kingdom’s investment portfolio. A 2017 …

Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako is the Chief Executive Officer of the Electricity Regulatory Authority (ERA). The Independent’s Julius Businge attended a media training workshop on March 6 where she responded to a number of questions. How would you describe Uganda’s electricity sector at the moment? Uganda’s …

Over 38,261 jobs to be created in eight sectors Kampala, Uganda | ISAAC KHISA | Rwanda recorded a 30.7% growth in investment to US$1.675bn last year compared with the previous year, data from the country’s promotion agency, Rwanda Development Board (RDB) shows. According to the data, three sectors – construction and …

Doha, Qatar | AFP | Qatar has approved legislation allowing 100-percent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said on Thursday. The move comes at a time of political crisis in the Gulf, with Qatar under an economic and …

Kampala, Uganda | ISAAC KHISA | Uganda’s balance of payment deficit has remained wide for some time now but there are signs that the gap will soon be reduced as the government issues licenses to developers in Free Zones. Free Zones are geographic areas where raw materials and goods may be …