Business

 The dark side of African Continental Free Trade Area Kampala, Uganda | ISAAC KHISA | Africa’s heads of state on March 21, 2018 descended onto the hills of Kigali, Rwanda, to sign the long awaited agreement to create the African Continental Free Trade Area (AfCFTA) that encompasses more than 1.2billion …

Johannesburg, S.A | Xinhua | The International Trade Centre (ITC) said on Tuesday that it has launched a training program for small businesses on how to export within the African Continental Free Trade Area (AfCFTA). “The How to Export with the AfCFTA training program is crucial in empowering African small businesses …

Arusha, Tanzania | Xinhua | Member states of the East African Community (EAC) have been urged to expedite the comprehensive review of the EAC Common External Tariff (CET) in order to promote trade and industrialization in the region, the EAC said in a statement released on Monday. Betty Maina, chairperson of …

Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) has threatened to mobilize workers countrywide to protest the delayed processing of the National Social Security Fund (NSSF) amendment bill. Although the NSSF Bill recently appeared under the business to follow for debate on the order paper, …

Nakaseke, Uganda | THE INDEPENDENT | The increasing number of youth resorting to the metal scrap business which is now proving lethal, is a sign of desperation by the unemployed, Rev. Fr. Hilary Muheezangango, the Director of Caritas Kasanaensis under Kasana-Luweero Diocesan social development arm has warned. Fr. Muheezangango says …

Entebbe, Uganda | THE INDEPENDENT | Some of the Ugandan migrant workers deported from Saudi Arabia blame their woes on mistreatment, long working hours, and non-payment. On October 3, 2021, over 43 migrant workers were deported from Saudi Arabia via Entebbe International Airport. Mark Ssengondo and another domestic worker who spoke on condition of …

Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines is facing corporate governance problems because the inaugural board of directors and managers lack experience, the Finance, Planning, and Economic Development Minister, Matia Kasaija has revealed. The government revived the national carrier in 2019 lower transport costs, boost tourism and business opportunities …

Jinja, Uganda | THE INDEPENDENT | Uganda Railways Corporation URC- says that the new locomotives will be able to start operations next week following the successful re-construction of a triangular section. Stanley Sendegeya, the Managing Director of URC, says that all is well and the locomotives are good to go …

  Lira, Uganda | THE INDEPENDENT | Leaders from Karamoja sub-region are in Lira to promote alternative sources of livelihood, which will end cattle rustling. The delegation from Nabilatuk and Moroto districts in Karamoja region are visiting Lira for exposure and meeting aimed at generating new ideas and possible partnerships …

  Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants Uganda (ICPAU) has appealed to the informal sector and small enterprises to employ part-time accountants if they can’t afford to employ them full-time. ICPAU is a professional accountancy organization established by an act of parliament to regulate and …