Tuesday , January 27 2026
Home / Business

Business

Business news

Kenya’s Gen-Z street food takeover

From initially a quick bite, Kenya’s Gen- Z are evolving street food culture into an expression, creativity and community as they begin to experiment nostalgic flavours and fusing global trends with local traditions to create a vibrant, new food identity. **** SPECIAL REPORT | BIRD AGENCY | From a Saturday …

Read More »

This woman entrepreneur makes doing business easier in Nigeria

 A knack for solving problems led pharmacy graduate-turned-venture-capitalist, Amanda Etuk into Nigeria’s bustling logistics sector to set up a firm that streamlines how businesses handle their supply chain operations. SPECIAL REPORT | BIRD AGENCY | “Everything happens in Lagos,” said Amanda Etuk as she drove in her chauffeured car through a …

Read More »

Afreximbank, Egypt plan Pan-African Gold hub

Uganda alone generated roughly US$5.21 billion, approximately 18.23 trillion shillings, from gold exports between Nov 2024 and Oct 2025 Cairo, Egypt | THE INDEPENDENT | Africa is moving to reclaim control over its gold resources as Afreximbank and Egypt’s central bank advance plans for a pan-African bullion institution aimed at …

Read More »

Uganda pilots first state-owned Money Market Fund

The government-backed scheme aims to attract first-time investors who may be hesitant to trust private asset managers Kampala, Uganda | THE INDEPENDENT | Uganda has launched a pilot of Africa’s first government-owned unit trust scheme, aiming to channel informal household savings into regulated investment products and strengthen domestic capital markets. The …

Read More »

Museveni commissions ethanol, sugar plants in Luwero

Luwero, Uganda | THE INDEPENDENT | On Dec.30, President Yoweri Museveni commissioned two major industrial projects in Luwero District, reinforcing the government’s push for agro-industrialisation, value addition, and job creation. The first stop was PRO Industries Pte Limited, an ethanol and extra-neutral alcohol (ENA) plant in Ndibulungi Village. The facility, …

Read More »

Bulgaria adopts euro, becomes 21st eurozone member

SOFIA | Xinhua | Bulgaria joined the eurozone and adopted the euro as its official currency on New Year’s Day, becoming the 21st member of the euro area. Throughout January, the Bulgarian lev (BGN) will remain in circulation alongside the euro. However, from Feb. 1, the euro will become the country’s …

Read More »

Car Imports: Dealers fear increased taxes

After years of stability, is Uganda’s car import tax regime about to change? Kampala, Uganda | THE INDEPENDENT | Importing a car into Uganda has remained costly even though most headline vehicle import taxes have not been raised for several years, according to industry players. However, car dealers and clearing agents …

Read More »

M&A in 2025: Banks, insurers and telcos lead consolidation

Mergers and acquisitions in 2025 reflected a shift toward consolidation, regional scale and restructuring as firms responded to tighter regulation and rising capital demands. From cross-border bank takeovers and insurance mergers to fintech spin-offs, companies moved to strengthen balance sheets and position for long-term growth. The Independent highlights the key …

Read More »