Business

After lockdown, Uganda, Ghana and Senegal show early recovery signs Kampala, Uganda | RONALD MUSOKE | Dozens of African countries will experience subdued economic recovery next year, according to predictions shared by experts at a recent roundtable organized by the Nairobi-based Africa Trade Insurance Agency. The annual roundtable event which …

📌Digital Impact Awards Africa ➡ Best Bank on Social Media ➡ Card Payment Excellence award ➡ Digital Powered Campaign (National School Championships) Kampala, Uganda | THE INDEPENDENT |  Stanbic Bank Uganda has won awards in three categories at the 2020 Digital Impact Awards Africa that were in the past week …

Kampala, Uganda |  THE INDEPENDENT | The International Monetary Fund, IMF, is proposing that the multi-lateral lenders extend the Debt Service Suspension Initiative to the end of 2021 because most of the countries burdened will not recover by early next year. COVID-19 has dealt a major blow to the world’s poorest …

Ugandan manufacturers to ran to East African Court of Justice over trade restrictions Kampala, Uganda | JULIUS BUSINGE | Tensions between Ugandan traders and the Kenyan government is likely to get worse a head of the festive season this December, according to executives at the Uganda Manufacturers Association. The traders …

Kampala, Uganda |  THE INDEPENDENT | The head of Communication and Public Affairs for Africa at Google, Dorothy Ooko has said “it is very hard to just have a channel removed due to a government request.” That was her quick and brief response to a letter by Uganda Communications Commission (UCC) …

Kampala, Uganda | THE INDEPENDENT | Google has responded to the Uganda Communications Commission (UCC). The head of Communication and Public Affairs for Africa at Google, Dorothy Ooko has said “it is very hard to just have a channel removed due to a government request.” That was her quick and brief …

  Kampala, Uganda | THE INDEPENDENT | The chairperson Board of Trustees of Uganda National Cultural Centre (UNCC) Sam Okello Kelo has today announced the partial opening of theatres, art galleries and other artistic spaces after nine months of inactivity. This since the COVID-19 lockdown was declared in the country in …

Management is now focusing on ensuring sustainability across its value chain of power generation Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company Limited has reported a sharp drop in profit after tax from Shs25bn in FY2018/2019 to Shs2.8bn in FY2019/2020. The company executives attributes the drop in profits …

Kampala, Uganda | THE INDEPENDENT | Africa’s leading philanthropy, Tony Elumelu Foundation (TEF) has partnered with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in the financial and extend technical support for women-owned businesses, across all …

More African travellers able to travel visa-free across continent Kampala, Uganda | RONALD MUSOKE | Uganda is ranked seventh on the continent when it comes to allowing in African visitors, according to the 2020 Africa Visa Openness Index. The East African nation is only behind Seychelles, Benin, Gambia, Senegal, Ghana …