Business

Kampala, Uganda | THE INDEPENDENT | MTN Foundation’s Digital Access for Inclusion program has opened the doors of technology to nearly 1,400 learners with disabilities across five schools in Uganda this year, marking a significant investment of Shs800 million. The impact of the program reverberates across different regions, with Salama School …

DAR ES SALAAM, TANZANIA | Xinhua | The opening ceremony of the 23rd edition of the East African Community (EAC) Micro, Small and Medium Enterprises (MSMEs) trade Fair was held on Friday in the Burundian capital Bujumbura, said a statement. The statement by the EAC headquarters in Tanzania’s northern city …

Kampala, Uganda | THE INDEPENDENT | Small and medium-scale enterprises are still experiencing an increase in the cost of production and inputs, even as COVID-19 is long gone.   This is according to the results of a survey done by the Economic Policy Research Centre (EPRC) meant to among others assess business …

Dubai, UAE | THE INDEPENDENT | The host and President of COP28 President, Sultan Al Jaber says the annual climate summit taking place in Dubai has already made history.  He told Journalist that more than $83 billion had been mobilized during the first week of the conference. Unlike at past Climate …

Entebbe, Uganda | THE INDEPENDENT |  President Yoweri Kaguta Museveni has okayed the mining of lithium in Ntungamo district to allow for the manufacture of electric car batteries. Museveni gave the green light while meeting a group of investors from Strand Hanson Limited, a London-based company at State House Entebbe. …

Kampala, Uganda | THE INDEPENDENT |  Major contracts for construction activities for the Tilenga project have been awarded two years after a Final Investment Decision (FID) for the project was taken. The project is located in Bulisa and Nwoya districts and is led by TotalEnergies. Philippe Groueix, the Chair of …

Kampala, Uganda | THE INDEPENDENT & URN |  At least sh3.6 billion has so far been lost by Ugandan investors in closed-down investment companies, which were declared Ponzi Schemes by the Capital Markets Authority (CMA). CMA issued a warning to the public on 18th  September 2023 on potential losses from investing …

African Development Bank to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road Kampala, Uganda | ISAAC KHISA | Uganda has secured a US$252bn (Approx. Shs 958bn) loan from the African Development Bank to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road. The lender’s board of directors approved the loan …

Kampala, Uganda | THE INDEPENDENT | Motorcare Uganda Limited, a player in the Ugandan motor industry with over 27 Years of Experience with exclusive distribution rights for Ford vehicles has today launched the Next-Gen Ford Ranger with advanced safety and technology features. During the launch, Richard Musani the General Manager, Sales …

Kampala, Uganda | THE INDEPENDENT |  Uganda Baati has been recognized as “Quality Steel Manufacturer of the Year 2023” at the Annual KACITA Awards Gala-2023, held at the Motiv in Bugolobi. The KACITA awards were aimed at recognizing outstanding achievements of businesses and government agencies that have significantly contributed to …