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Tag Archives: investments

Lack of market research dragging local investments in Acholi

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 …

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Experts call for balanced investment in infrastructure

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 …

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Kilembe Investments Limited defies court order, holds AGM

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 …

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Pompeo says US to fight China ’empire’ of ‘bribes’

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 …

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Qatar allows full ownership for foreign investors

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 …

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China taps Africa at Morocco Silk Road investment forum

Marrakesh, Morocco | AFP | A two-day investment forum opened in Morocco’s Marrakesh on Monday as China seeks to revive ancient Silk Road trade routes from Asia to Europe and Africa. “The question is how to accelerate cooperation in the field of investment,” said Wang Yong, vice president of the …

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