Business

296 Ugandan entrepreneurs are among the lucky beneficiaries | THE INDEPENDENT | Uganda’s 296 entrepreneurs will each receive US$5,000 non-refundable seed capital as part of the Tony Elumelu Foundation’s initiative to empower African entrepreneurs across the continent. The beneficiaries who include 212 female and 84 male are part of the …

Economic recovery could be negatively impacted but that will depend on how the government handles the situation, experts say | THE INDEPENDENT | Uganda’s economic recovery could backtrack due to the current terror threats and compounded Covid-19 hit, but experts believe, the government can still manage the situation. The country …

Johannesburg, South Africa | Xinhua | South African President Cyril Ramaphosa on Tuesday said it was time to elevate the country’s relations with Kenya into a “strategic partnership.” He made the remarks after holding bilateral talks with Kenyan President Uhuru Kenyatta at the Union Buildings in Pretoria on Tuesday. The …

Kampala, Uganda | THE INDEPENDENT | The Federation of Small and Medium Sized Enterprises – Uganda has asked the government to establish what it calls a ‘compensation fund’ to support businesses that get hit. Speaking to journalists on Nov.21 at the federation’s offices in Ntinda, Kampala, John Walugembe, the executive director, …

Jinja, Uganda | THE INDEPENDENT | Uganda National Roads Authority (UNRA) on Monday launched the Request for Proposal (RFP) and online procurement process for the Kampala-Jinja Expressway (KJE) Public-Private Partnership Project. The new expressway when done will address the existing Kampala-Jinja road inadequacy, which is a major bottleneck to transportation of …

  Kapchorwa, Uganda | THE INDEPENDENT | A local beverage firm, Endiro Coffee has partnered Lacam lodge to set up its 11th shop at the Sipi Falls in Kapchorwa District to boost the country’s coffee consumption. Statistics from the Uganda Investment Authority indicates that Uganda is Africa’s largest coffee exporter …

Cultural and culinary week starts today to Nov.26 Kampala, Uganda | RONALD MUSOKE | Massimiliano Mazzanti, the Italian Ambassador to Uganda has said Ugandan coffee could fetch local farmers and the government more earnings if mechanisms are put in place to stop neighbouring countries from buying and rebranding it as their …

Nairobi, Kenya | Xinhua | The Sino-Africa architecture of development, featured by FOCAC and BRI helps lead to prosperity in the African continent, a Kenyan expert said on Sunday. Peter Kagwanja, CEO of Africa Policy Institute said in a commentary published in the Sunday Nation, a Kenya-based newspaper that the …

Kampala, Uganda | THE INDEPENDENT | The Supreme Court has dismissed an appeal by businessman Hassan Basajjabalaba that was challenging the orders of the Constitutional Court to have him and his brother tried for conspiring to defeat tax laws. In a majority judgement of six Judges against one, the Supreme …

Kampala, Uganda | THE INDEPENDENT | A third-year student of Makerere University has used the nationwide lockdown imposed to contain the spread of COVID-19 to venture into business which he promotes using online social media platforms. Allan Katende, who is pursuing a degree course in Agriculture and Rural Innovation, looks …