Tanzania plans to produce over 670,000 tons of sugar annually by 2024 Dar Es Salaam, Tanzania | XINHUA | A senior Tanzanian government official said on Saturday plans are afoot to increase production of sugar from the current 367,000 tons annually to 672,000 tons annually by 2024. Gerson Msigwa, the …
Read More »Coca-Cola adds Ades Nutri-Bushera to its product portfolio
Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Africa in Uganda has reinforced its commitment to the Buy Uganda Build Uganda (BUBU) agenda with the launch of a brand-new product, Ades Nutri-Bushera. Ades is the global brand for Plant-Based Beverages for the Coca-Cola Company that represents delicious throughout the day …
Read More »EU recommends member states restrict travel from U.S
Rome, Italy | Xinhua | Earlier this week, the European Union recommended that member states reinstate travel restrictions for travelers arriving from the United States, but some analysts don’t expect the change to have a significant impact on the bloc’s recovering tourism sector. Some member states, such as Italy and …
Read More »Uganda Railways receives 4 Locomotives
Malaba, Uganda | THE INDEPENDENT | Uganda Railways Corporation-URC has received 4 fully refurbished locomotives from Grindrod Rail, South Africa as part of its efforts to revamp railway transport and reduce pressure on the road. The locomotives have a haulage capacity of between 750 to 1500 tons and can last between …
Read More »Tumushabe: Rationalization of agencies will not work
Kampala, Uganda | THE INDEPENDENT | The planned rationalization of Uganda’s Public Sector Agencies will not bear much fruit unless the president’s powers to create units under his office, are trimmed, according to experts. The government has for the last three years been toying with the idea of reducing the …
Read More »IFC to promote mobile digital loans in East Africa to support SMEs
IFC is working with stakeholders across the East Africa region to extend credit information system to cover the digital mobile lenders Nairobi, Kenya | Xinhua | The International Finance Corporation (IFC) said on Thursday it plans to promote the uptake of mobile digital loans in East Africa in order to boost …
Read More »African businesses’ vulnerability to cyber attacks worsened by pandemic: report
Emerging technologies like cloud services are accompanied by risk of sophisticated attacks like email phishing, malware, identity theft and data intrusion Nairobi, Kenya | Xinhua | The risk of cyber attack among large and small business entities in Africa escalated at the peak of the COVID-19 pandemic when remote working gained …
Read More »Stanbic Bank Uganda detects agent banking fraudsters
Kampala, Uganda | THE INDEPENDENT REPORTER | Stanbic Bank Uganda has countered fraudulent activity by a few of its banking agents aimed at defrauding the bank. The bank was quick to add that the incident did not affect customer transactions or balances and that agency banking services continue to operate …
Read More »East African Breweries Limited sustainability report for Uganda is out
Kampala, Uganda | INDEPENDENT REPORTER | Uganda Breweries Limited unveiled the inaugural East African Breweries Limited (EABL) Sustainability Report to the government, the media and the public. The report, which was released by all three subsidiaries under EABL (Uganda Breweries, Kenya Breweries and Serengeti Breweries) is meant to highlight …
Read More »Peter Kimbowa to head NSSF Board
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has appointed a new Board of Directors for the National Social Security Fund (NSSF) for the next three years effective September 01, 2021. The new NSSF board is headed by Dr. Peter Kimbowa, a …
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