Busia, Uganda | URN | Residents of Busia are unknowingly consuming adulterated honey mixed with molasses, raising serious public health concerns and undermining the local honey market. Molasses, a byproduct of the sugar refining process, is increasingly being used by unscrupulous traders to dilute pure honey. While it is cheaper and …
Read More »COMESA warns firms against price gouging as Middle East crisis disrupts markets
Kampala, Uganda | JULIUS BUSINGE | The COMESA Competition and Consumer Commission has issued a strong warning to businesses across its member states against exploiting the ongoing Middle East crisis, cautioning that firms engaging in price gouging, hoarding or collusion will face strict enforcement action. In an urgent statement, CCCC …
Read More »Uganda ranks 3rd in the 2025 Absa Africa Financial Markets Index
Kampala, Uganda | THE INDEPENDENT | Uganda has jumped into the 3rd position in the Absa Africa Financial Markets Index (AFMI), a leap from the 4th position in 2024. The index evaluates 28 countries, looking at factors such as market depth, access to foreign exchange, and macroeconomic stability. According to …
Read More »Vendors in new govt markets frustrated by power disruptions, theft
Kampala, Uganda | THE INDEPENDENT | Vendors operating in newly constructed modern markets across various urban councils in Uganda are struggling to profit from the huge government investments, citing persistent power outages and rampant theft. The government, using loans from the African Development Bank (ADB) and the World Bank, rolled out …
Read More »DTB Uganda eyes UAE, Asia remittance markets
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) Uganda has announced a strategic shift towards the rapidly expanding remittance corridors between Uganda and the United Arab Emirates (UAE) and Asia, as inflows from traditional sources such as Europe and North America begin to plateau. For years, Uganda’s remittance …
Read More »Koboko bans campaigns near schools, markets
Koboko, Uganda | THE INDEPENDENT | The Resident District Commissioner Koboko Emmy Mitala has banned all political campaigns in or near Schools, Health Centers and Markets. According to Mitala who is also the regional whip of RDCs in West Nile, the decision is aimed at saving learners, vendors, patients and …
Read More »Japan eyes African markets
The ninth TICAD set for August to unlock opportunities in trade, technology and agriculture ANALYSIS | IAN KATUSIIME | With US tariffs rocking the global economy, countries are scrambling to deal with the resultant trade tensions and realign their economies. Japan, the world’s fourth largest economy with a GDP of $4.3 …
Read More »Museveni: Uganda to focus on African markets amid U.S. tariff hike
KAMPALA, UGANDA | Xinhua | Ugandan President Yoweri Museveni has said the country will prioritize African markets following the United States’ decision to impose a 10 percent tariff on imports from most countries. In a speech shared by the state-owned Uganda Broadcasting Corporation on Thursday, Museveni said Uganda already has …
Read More »EXPERTS: PDM cash minus market support waste of time
Kampala, Uganda | THE INDEPENDENT | Experts have warned that the continued extension of handouts or money to farmers through programmes such as the Parish Development Model (PDM) without offering them support on how to market their products will not help them create sustainable wealth. Delivering a keynote address …
Read More »EU, Denmark to fund Uganda’s first Climate-Resilient Market
Kampala, Uganda | THE INDEPENDENT | Uganda is set to build a first climate-resilient market at Elegu, backed by funding from the European Union and Denmark. The facility will host up to 1,500 traders and will be designed to endure extreme weather disruptions, particularly flooding, which has long plagued the …
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