Mogadishu, Somalia | NEWS CORRESPONDENT | Uganda’s exports to Somalia more than doubled in a year, but government officials say businesses in both countries are still using only a small part of the market. Exports from Uganda to Somalia rose from sh11.4b ($2.75m) in 2023 to sh28b ($6.78m) in …
Read More »Tanzania’s avocado exports surpass 2030 target, with China among key markets
DAR ES SALAAM | Xinhua | Tanzania’s avocado exports to international markets, including China, reached 52,000 tonnes in the 2025/2026 season, surpassing the country’s 2030 target of 40,000 tonnes, the Cereals and Other Produce Regulatory Authority (COPRA) said on Thursday. According to a statement issued by COPRA, export volumes rose …
Read More »Ugandan fintechs seek regional market as Nairobi hosts blockchain festival
Kampala, Uganda | THE INDEPENDENT | Ugandan fintech companies are seeking opportunities beyond the domestic market as demand grows for faster cross-border payments, digital-asset settlement and financial services across Africa. The companies are positioning themselves for a regional market where businesses increasingly need to move money between countries, currencies and payment …
Read More »Housing Finance Bank retained as government securities market maker
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank (HFB) has been reappointed by the Bank of Uganda as a Primary Dealer Market Maker (PDMM) for the 2026–2029 cycle, extending its role in Uganda’s government securities market to nine years. The reappointment, announced on October 5, 2026, places HFB among financial …
Read More »Free internet excites Oyam market vendors
Oyam, Uganda | URN | Free internet access at Oyam Daily Market is giving traders new opportunities to access information, promote their businesses and connect with customers, after a Rural Community Broadband Network was installed as part of a digital inclusion project. The network, installed at 12 sites in Oyam …
Read More »Govt urges coffee farmers to remain resilient amid market, weather headwinds
Kampala, Uganda | Xinhua | The Ugandan government has urged coffee farmers not to lose heart amid volatility in the global market and adverse weather conditions affecting production. Frank Tumwebaze, minister of agriculture, animal industry and fisheries, said in a statement dated Sunday that the international coffee market had recently …
Read More »Tooro coffee farmers form cooperative union to boost market access
Fort Portal, Uganda | URN | Coffee farmers in Tooro have decided to form Tooro Coffee Cooperative Union to strengthen their bargaining power, improve market access, and increase incomes from coffee farming. The decision was reached during a meeting held at Kalya Courts Hotel in Fort Portal City. The …
Read More »Global brands view China as indispensable market to expand business
HAIKOU | Xinhua | The No. 4 exhibition hall at the sixth China International Consumer Products Expo (CICPE) has transformed into a bustling “global village,” vividly illustrating the enduring appeal of the Chinese market. Running from April 13 to 18 in Haikou, capital of China’s island province of Hainan, the …
Read More »Fighting substandard toilet paper on market
Kampala, Uganda | URN | Toilet paper is one of the most most cracked down for standards by the Uganda National Bureau of Standards (UNBS), according to frequency of the operations. It is also one of the fastest-running consumer products used and manufactured locally. The recent operations saw close to …
Read More »Uganda launches construction of sh41billion cross-border climate resilient market
Amuru, Uganda | THE INDEPENDENT | The government has launched the construction of its first climate-resilient and gender responsive cross-border market at Elegu Town Council in Amuru district, a strategic border point between Uganda and South Sudan. The 41 billion shillings’ construction project implemented by TradeMark Africa with funding from …
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