Business

Kampala, Uganda | THE INDEPENDENT | Commercial banks and microfinance institutions are yet to to officially hear about the 200 billion shillings for lending out money meant to rescue Ugandan small enterprises that were affected by the Covid-19 pandemic which was commissioned early last week. A check at two government-owned financial …

Dar es Salaam, Tanzania | THE INDEPENDENT | President Yoweri Museveni has told business leaders at the  Tanzania-Uganda Oil and Gas Symposium in Dar es Salaam that the region’s survival will depend on how fast they can push for integration. “You really need to work with the political class to unequivocally support …

Museveni: Petroleum important for 40 more years despite war by conservationists Dar es Salaam, Tanzania | THE INDEPENDENT | The private sector, specifically those in businesses relating to the oil and gas industry, want the governments of Uganda and Tanzania to lift some national laws that hinder companies from trading …

Experts explain why prices more likely to go up Kampala, Uganda | THE INDEPENDENT | On November 22, 2021 when this article was written, the average price of petrol at pump station in Uganda was Shs4,590 (approx. US$1.3) per litre which was the highest among member states of the East …

Kampala, Uganda | THE INDEPENDENT |  Uganda Airlines is considering adding local delicacy Nsenene (long-horned grasshoppers) on their menu for regional and international flights. This follows a video that has gone viral in Uganda in which a passenger on flight no 446 to Dubai on November 26 is seen selling …

Kampala, Uganda | ISAAC KHISA | Ugandan businesses have an opportunity to tap into venture capital to facilitate their growth and expansion but they have limited information in relation to their existence and their mode of operation. Doris Acheng, the coordinator for Uganda for the East African Venture Capital Association …

  Kampala, Uganda | THE INDEPENDENT | Airtel Uganda on Nov.26 rewarded cash prizes to the 2nd batch of winners under the money after money promo. Launched on Nov.15, the campaign has seen over 800 winners rewarded with over Shs 80 million off the Shs. 1.5 billion to be rewarded …

Kampala, Uganda | THE INDEPENDENT | The Embassy of Sweden has donated Sh 31 billion ($8.8 million) towards the development and adoption of reliable energy products. The funds are provided under the Inclusive Markets for Energy Efficiency in Uganda (IMEU) program that focuses on energy efficiency sector development for improved …

Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has started the process of closing Kiteezi Landfill with a study to inform safe closure. The landfill located in Lusanja village in Wakiso district was operationalized in 1996 and upgraded to an engineered facility in 2001. But Uganda’s largest landfill …

  Beijing, China | Xinhua | A Forum on China-Africa Cooperation (FOCAC) meeting to be held at the end of November is expected to produce plans for friendly China-Africa cooperation in the next phase, said a white paper released Friday. The white paper, titled “China and Africa in the New …