Stanbic Bank again makes Chinese businesses irresistible offers Uganda imported US$700 million worth of goods from China last year and exported goods valued at US$30 million over the same period, according to the latest government data. But the skewed trade figures between Uganda and the world’s second largest economy do …
Read More »BUSINESS: Economy to rebound?
Business captains punch holes in Bank of Uganda projections Uganda’s economy is expected to pick up steam this year, boosted by public infrastructure spending and easing of the monetary policy to stimulate economic growth. At least that is the view of Bank of Uganda Governor Emmanuel Mutebile. Mutebile spewed his …
Read More »Investment boom at Namanve
Frank Sebbowa is the outgoing Executive Director of Uganda Investment Authority. He spoke to Ian Katusiime about his accomplishments and investment issues. What are some of the achievements you registered at UIA? For the four years I was at UIA, I brought calm to the organisation. There was a lot …
Read More »‘Level of preparedness in Uganda oil sector inadequate’
Chairman Uganda Chamber of Mines & Petroleum Elly Karuhanga has warned that the level of preparedness in the local oil sector is below par. “The level of preparedness is still low since only 25 firms were found eligible to supply the industry. Local suppliers aren’t equal to the task to …
Read More »Sixth ‘home is the best’ Summit slated for Dec. 28
By Ronald Musoke & Joan Akello The sixth ‘Home is the Best’ Summit organized by the Uganda Investment Authority (UIA) for Ugandans in the Diaspora returning home for Christmas is slated to take place on Dec. 28. Ugandans living and working abroad have in recent times been recognized by the …
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