KAMPALA, UGANDA | Xinhua | Ugandan coffee exporters have secured deals worth 3 million U.S. dollars at the recently concluded China International Import Expo (CIIE) in Shanghai, Uganda’s Ministry of Agriculture, Animal Industry and Fisheries said in a statement. Uganda’s top coffee exporters, such as Meg Rai Coffee, Kwezi Coffee, …
Read More »C-Care Uganda ready to save patients cost of travelling abroad for treatment
C-Care Uganda Strengthens Strategic Media Partnerships at Appreciation Media Breakfast Kampala, Uganda | THE INDEPENDENT | C-Care Uganda has assembled dozens of top specialists and is widening its network across the country to provide an alternative to seeking treatment abroad. “We want to change the perception that for a Ugandan …
Read More »MTN Uganda increases dividend payout to Shs235billion
The company expects continued double-digit growth in service revenue, supported by rising smartphone adoption, fintech expansion, and a favourable economic environment Kampala, Uganda | THE INDEPENDENT | MTN Uganda Ltd has announced a second interim dividend of Shs 10.5 per share, representing a 40 percent increase from the previous payout. The …
Read More »UDB champions green finance as Uganda prepares for COP30
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank Limited (UDB) has announced its role as the lead sponsor of the Ugandan Pavilion at the upcoming United Nations Climate Change Conference (COP30), set to take place from November 10 to 21 in Belém, Brazil. The pavilion will serve as the …
Read More »Africa’s $700bn pension pot eyed for infrastructure drive
The greatest risk is not in investing in Africa’s own potential, but in failing to do so Kampala, Uganda | Julius Businge | A continental push is underway to harness Africa’s estimated $700bn in pension assets to fund crucial infrastructure and reduce reliance on foreign debt, senior officials said at the …
Read More »AfDB grants Uganda €217 million for cross-border road project
Kampala, Uganda | Agencies | Africa’s multi-lateral lender, African Development Bank (AfDB) has approved an additional €217.37 million ($250.78 million) in financing to the Ugandan government for the completion of the Busega–Mpigi and Kagitumba–Kayonza–Rusumo Roads Project, a critical transport corridor linking Uganda and Rwanda. The new funding is expected to ease …
Read More »YAS completes $63m acquisition of parent company of Zuku and Simbanet
Yas boosts fibre expansion and job creation across East Africa Kampala, Uganda | JULIUS BUSINGE | Yas, a subsidiary of AXIAN Telecom Holding & Management PLC, has officially completed the acquisition of 99.63% of Wananchi Group (Holdings) Ltd—the parent company of Zuku and Simbanet—in a transaction valued at …
Read More »SanlamAllianz unveils ‘On-the-GO’ accident cover in Uganda
Kampala, Uganda | JULIUS BUSINGE | Insurance company SanlamAllianz General Insurance Uganda today (Nov.11) launched its new product, On-the-GO Accident Cover, at its headquarters in Kololo. The product, which starts at just Shs1,300, is designed to provide affordable and accessible accident protection for travelers and daily commuters. According to company …
Read More »China remains our ‘most irreplaceable customer,’ says CEO of US Soybean Export Council
NEW YORK | Xinhua | China remains our “most irreplaceable customer,” said Jim Sutter, chief executive officer of the U.S. Soybean Export Council (USSEC). “We have been in China since 1982. Over the past 43 years, we’ve invested in relationship-building, training and cooperation with the Chinese industry to create mutual …
Read More »South Sudanese telco challenges old players
Digitel’s foray into South Sudan’s telecom market is testing the grip of entrenched players, exposing gaps in coverage and challenging assumptions about who gets to build connectivity in one of the world’s least served nations SPECIAL REPORT | BIRD AGENCY | South Sudan’s telecommunications sector, long dominated by foreign multinationals, …
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