Business

  Kampala, Uganda | THE INDEPENDENT | The Uganda Communication Commission (UCC) has warned the public against the increasing cases of fraud. UCC through the Acting head of communication and international relations Rebecca Mukite says that there is an increasing trend of conmen who trick people into giving mobile money …

Kampala, Uganda | THE INDEPENDENT | Uganda and Tanzania have signed a Memorandum of Understanding on cooperation in defense and security for the East African Crude Oil Pipeline – EACOP project. The deal was signed on Friday at the climax of a three-day the 1st Inter-governmental Security Committee Meeting held at …

Abuja, Nigeria | airspace-africa | The fuel crisis in Nigeria’s aviation industry has become untenable. In a letter penned by the President of the Airline Operators of Nigeria(AON), Abdulmunaf Yunusa Sarina, and sent to the Minister of Aviation, Senator Hadi Sirika, airline industry operators have signaled their intent to down tools …

Juba, South Sudan | Xinhua | South Sudan said Friday it has kicked off plans to nationalize the country’s oil industry in the next five years. Awou Daniel Chuang, Undersecretary in the Ministry of Petroleum told journalists in Juba, the capital of South Sudan, that the ministry has started the process …

Hoima, Uganda | THE INDEPENDENT | Billions of shillings disbursed to districts for the Parish Development Model (PDM) programme across the country are still lying idle just months to the end of the financial year. In February this year, President Yoweri Museveni launched the Parish Development Model (PDM) at Kibuku …

Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has remanded Brender Nakalanzi, the Managing Director for Goshen Hope Enterprises, to Luzira Prison on charges of causing government a financial loss of more than one billion shillings. Nakalanzi was on Friday afternoon arraigned before the Anti-Corruption Court Chief …

Kampala, Uganda | THE INDEPENDENT | Apple farmers in Western Uganda have been encouraged to grow more of the fruit to tap into the expanded local market. Uganda breweries Limited-UBL is collaborating with agencies including National Agricultural Research Organization-NARO to mobilize local farmers with a focus on boosting apple growing for …

Cape Town, South Africa | THE INDEPENDENT | Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world’s leading insurers and asset managers with a century of history in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African …

  But the country still has a lot of coffee that is still being dried on the ground Kampala, Uganda | ISAAC KHISA | Uganda’s coffee industry will seek new international market for their products to reduce over concentration on traditional buyers to boost farmer’s income. Coffee is the country’s …

The pension fund manages assets worth over Shs15.5 trillion invested in assets cross East Africa Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund has paid Shs400bn to 18000 eligible members for the mid-term access since the exercise commenced on March.17, the fund’s executive said. The payments are in accordance with …