Tag Archives: Markets

“This fossil fuel crisis will happen again and again,” said UN Climate Change Executive Secretary Simon Stiell. “Sunlight does not depend on narrow and vulnerable shipping straits. Wind blows without massive taxpayer-funded naval escorts.”   LONDON | GAO WENCHENG  – Xinhua |  As Tuesday marks two months since the United …

  Uganda’s Financial Markets are Steadily Growing Attracting Participation for All COMMENT | YUNUS MUGALU | Uganda’s improving financial markets are making it possible for ordinary citizens to participate in a sector that was once the preserve of high-net-worth individuals and large corporate entities. This shift is both deliberate and …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …