Tuesday , September 30 2025
Home / Business (page 13)

Business

Business news

Africa attracts billion dollars in gold mining investments

Investors are targeting continent’s vast untapped gold reserves NEWS ANALYSIS | RONALD MUSOKE | Africa, the world’s second-largest gold-producing region after China, is witnessing a surge in gold mining investment in 2025, fueled by strong global demand, favourable prices, and vast untapped reserves attracting increased international interest. So far, billions of …

Read More »

UNBS automates import inspections to enhance efficiency

  Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) has launched a new electronic imports portal (e-Portal), aimed at streamlining import inspections and reducing clearance times. This should in turn address inefficiencies, which, according to a 2022 World Bank report on African trade logistics, cost Ugandan …

Read More »

COMESA merger activity hits record amid economic strain

The financial services sector led the merger activity with seven reported cases, followed by energy, ICT, and agriculture—sectors under pressure from both global shocks and structural transformation. ANALYSIS | JULIUS BUSINGE | The Common Market for Eastern and Southern Africa (COMESA) saw a record number of merger notifications in 2024, with …

Read More »

Uganda secures shs54 billion financing from BADEA

Kampala, Uganda | THE INDEPENDENT | Uganda has has secured a financing facility worth 150 Million Dollars (about 53.7 Billion Shillings) from the Arab Bank for Economic Development in Africa (BADEA) to support private sector growth.‎ ‎This is under the agreement signed by BADEA and the Minister of Finance, Planning …

Read More »