Kampala, Uganda | THE INDEPENDENT | The spike in domestic borrowing by the government has increased the discomfort in the private sector, as commercial banks also raise their interest rates. Commercial banks have been announcing new prime lending rates over the last three months, attributing their decisions on ‘current business environment’ …
Read More »UCDA adopts new ideas to promote coffee sector
Kampala, Uganda | THE INDEPENDENT | The Uganda Coffee Development Authority (UCDA) has signed a Memorandum of Cooperation with the Private Sector Foundation Uganda (PSFU), aimed at developing and promoting coffee production, marketing and consumption. This is another idea that the UCDA hopes will increase not only production but also earnings through …
Read More »WHEAT: Private Sector Foundation hosts dialogue on import replacements
Kampala, Uganda | THE INDEPENDENT | Ugandans have been urged to step up domestic production and processing of wheat substitutes such as cassava and matooke. Wheat prices in the country are on the rise as result of rise in fuel prices as well as the Russia-Ukraine war which hiked cost …
Read More »Uganda – DRC trade
Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …
Read More »Uganda ready to host East African Central Bank
PSFU hosts a High-Level Public-Private Policy Dialogue on the status of the East Africa Community integration process on investments and job creation Kampala, Uganda | THE INDEPENDENT | First Deputy Prime Minister Rebecca Kadaga has urged the Uganda government and the private sector to focus on tapping into the DRC …
Read More »European Union renews efforts to grow Ugandan export
Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …
Read More »AfCFTA requires high quality products: PSFU boss
Kampala, Uganda | THE INDEPENDENT | Businesses seeking to export goods and services under the Africa Continental Free Trade Area (AfCFTA) arrangement have been advised to embrace technology for high-quality products. AfCFTA, which has a market base of 1.5 billion people, has been touted as a game-changer for economies like Uganda, …
Read More »PAU, Stanbic Incubator to build capacity of SMEs in oil sector
Mentorship, access to finance and markets are on offer | THE INDEPENDENT | There are more opportunities that are being availed to small and medium enterprises as Uganda expects to have first oil in 2025. The Petroleum Authority of Uganda on Feb. 22 entered a partnership agreement with Stanbic Business …
Read More »Private sector enterprises recognized for innovations in fight against gender-based violence
Kampala, Uganda | THE INDEPENDENT | Private Sector Foundation Uganda in partnership with United Nations Development Programme (UNDP) and the Ministry of Energy and Mineral Development, have awarded selected private sector enterprises for piloting and scaling up innovative models to prevent and respond to gender-based violence in the workplace. The 16 …
Read More »Tanzania – Uganda oil and gas symposium set for November in Dar-es-Salaam
Kampala, Uganda | THE INDEPENDENT | Private Sector Foundation Uganda together with Tanzania Private Sector Foundation in partnership with the ministry of foreign affairs through its Uganda High Commission in Tanzania will convene a Tanzania-Uganda Oil and gas symposium on November 25 in Dar-es- Salaam, officials said in Kampala on Oct.26. …
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