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Tag Archives: investors

Government issues strict guidelines for mortgaging public land

Kampala, Uganda | THE INDEPENDENT | The Ministry of Lands has issued new guidelines for investors who want to mortgage government land. Lands Minister Beti Kamya said that cabinet decided that any foreign investor using public land should prove that they have at least 60 percent of the total investment …

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NGOs inflows and exports help Uganda Shilling stay strong

Kampala, Uganda | THE INDEPENDENT | The Uganda shilling has appreciated by at least 5.2% against the dollar since March, thanks partly to money coming into non-governmental organizations and low demand for dollars by importers. According to the quoting this month by forex bureaus, the shilling has gained as much …

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Stock markets bounce back after heavy losses

London, United Kingdom | AFP | US and European stock markets were higher Friday as investors turned buyers again after the previous day’s rout on coronavirus economic fallout fears and the likelihood of a second wave of the pandemic in the United States. The magnitude of the earthquake caused by the …

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World stocks extend gains on economic optimism

London, United Kingdom | AFP | Global stock markets built on strong pre-weekend gains on Monday as optimism that economies are emerging from coronavirus gloom kept buyers onside. On Wall Street, the Dow index was up just over 200 points at the opening bell, while in Europe London and Frankfurt were …

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