Rubanda, Uganda | THE INDEPENDENT | Investors have started plans to construct a multi-billion iron ore smelting plant in Rubanda District. The factory which was a 2016 presidential pledge has remained unfulfilled up to date. In 2019, the Devki Group of Companies from India led by its chairman Raval Guru …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni said he will institute a specialized Unit attached to the Statehouse, which he says will safeguard investors from corruption tendencies, fronted by both politicians and technocrats to fleece investors when they solicit bribes. Museveni notes that the unit will be a …
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Kampala, Uganda | THE INDEPENDENT | The President of Uganda, Yoweri Kaguta Museveni, has said he will institute a specialized Unit attached to State house, which he says will safeguard investors from corruption tendencies, fronted by both politicians and technocrats to fleece investors when they solicit for bribes. Museveni notes …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni on Wednesday met a team of Investors from Germany at Commonwealth Resort Munyonyo. The delegation was led by Prof. Wolfgang Dietrich who is the Honorary Consul of Uganda to Germany based in Hamburg. The team came to discuss opportunities for investment …
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For many years small retail investors have found it hard to buy shares on the Nairobi Securities Exchange, but a newly-licensed service hopes to change that Kampala, Uganda | HARRY CLYNCH | Since the establishment of the Nairobi Securities Exchange (NSE) in 1954, it has traditionally been very difficult for Kenya’s retail …
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Harare, Zimbabwe | Xinhua | Friendly investors will be granted Zimbabwean citizenship as part of the government’s efforts to lure investment, a cabinet minister has said. “President Emmerson Mnangagwa is once again going to make history by making Zimbabwe one of the first African countries to offer a pathway to citizenship …
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Moroto, Uganda | THE INDEPENDENT | Local governments in Karamoja districts are losing revenue accruing from the transportation of mineral transportation as miners withdraw from the fields citing the insecurity in the region. Karamoja region has experienced unrest for the past few months following the escalation of ambushes and raids …
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Kampala, Uganda | THE INDEPENDENT | The Executive Director of the Federation of Small and Medium-sized Enterprises-Uganda (FSME – Uganda), John Walugembe has urged government to involve Parliament while dealing with investors that seek opportunities in Uganda. In an interview with journalists in Kampala, Walugembe cited the current controversial coffee …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called on Turkish investors to get more involved in Uganda’s nascent mineral sector for it to realise its full potential. Museveni made the remarks while meeting Turkish investors led by the Turkish Ambassador to Uganda, Fikret Kerem Alp at State House …
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Gulu, Uganda | THE INDEPENDENT | Wildfires have destroyed more than 1,400 acres of sugarcane in Ayuu Alali parish in Palabek Kal Sub County in Lamwo district. The Chairperson Ayuu Alali Sugarcane Outgrowers Cooperatives Society, Francis Ojwiya, says that the fire broke out from sugar plantations that had already been …
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