Mombasa, Kenya | NEWS CORRESPONENT | Ugandan and Kenyan private-sector bodies have signed three agreements on tourism, trade and investment at a regional summit in Mombasa, Kenya. The memoranda of understanding (MoUs) were signed on the opening day of the fifth Uganda–Kenya Coast Tourism and Innovation Summit …
Read More »
Kampala, Uganda | URN | Last month – May 2026 – experienced some reactions in the financial market, with banks slightly reducing their interest rates while treasury bond yields also fell. As was the case for April 2026, interest rates registered varying trends in response to the Central Bank Rate …
Read More »
Lira, Uganda | URN | The government has called on the private sector in Lira City to urgently invest in hotel infrastructure as Uganda steps up preparations to host matches of the Africa Cup of Nations (AFCON), warning that inadequate accommodation could derail the city’s chances of hosting international teams. …
Read More »
Kampala, Uganda | URN | The private sector has spoken against the proposed tax reforms, warning Parliament that some of the measures risk constraining investment, deepening informality, and undermining post-pandemic economic recovery. Appearing before Parliament’s Committee on Finance, Planning and Economic Development on Wednesday, the Uganda Manufacturers Association (UMA), led …
Read More »
Kampala, Uganda | THE INDEPENDENT | Government is considering providing subsidies to the private sector to spur the construction of low-cost housing in both rural and urban areas, in a move aimed at curbing the rapid growth of slums. The proposal was revealed by the Minister of State for Lands, …
Read More »
Kampala, Uganda | THE INDEPENDENT | Following a 10-month period of job creation, Ugandan companies saw a broad stagnation in employment levels and higher input costs during December; nonetheless, driven by other factors, the monthly Stanbic Purchasing Managers Index (PMI) rose slightly to 54.0 compared to the 53.8 recorded …
Read More »
Kampala, Uganda | Julius Businge | The Uganda Chamber of Energy and Minerals CEO, Humphrey Asiimwe, has lauded the government’s allocation of Shs 875.8 billion in the upcoming financial year towards mineral- based industrial development, including oil and gas. Speaking during the Civil Society Budget Advocacy Group’s (CSBAG) post-budget dialogue held …
Read More »
BEIJING | Xinhua | China’s private sector saw robust industrial output growth in the first quarter of 2025, with its investment in manufacturing and innovation-driven development also accelerating. The sector, constituting more than 90 percent of enterprises in the world’s second-largest economy, has forged ahead with steady expansion as the …
Read More »
BEIJING | Xinhua | China is implementing a series of targeted measures to foster a favorable environment for private enterprises and promote growth in the private sector, said an official with the country’s top economic planner. These initiatives focus on easing financing constraints, boosting investment, promoting trade, enhancing talent development …
Read More »
BEIJING | XINHUA | Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Monday urged efforts to promote the healthy and high-quality development of the country’s private sector. Xi, also Chinese president and chairman of the Central Military Commission, made the remarks when attending a symposium …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
