Business

    Arua, Uganda | THE INDEPENDENT | Members of West Nile Cooperative Union are Demanding one trillion Shillings from the government, as compensation for the destruction and loss, alleged incurred during the 1979 -1986 insurgency. West Nile Cooperative Union started in 1969 as a British American Tobacco- BAT supported …

Kampala, Uganda | THE INDEPENDENT | Uganda has signed a hosting agreement and a memorandum of understanding with African Export-Import Bank (Afreximbank) to host their East African regional office starting next month. The announcement was made after a meeting between leading officials of the bank and President Yoweri Museveni at State …

Kampala, Uganda | THE INDEPENDENT | A delegation from the African Export-Import Bank (Afreximbank), led by the President, Prof. Benedict Oramah, visited the Bank of Uganda in Kampala today to pay a courtesy call on the Governor, Prof. Emmanuel Tumusiime-Mutebile, and to brief him about the Bank’s support to the Ugandan …

Kampala, Uganda | THE INDEPENDENT | The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, on Thursday in Kampala met with Matia Kasaija, Minister of Finance Planning and Economic Development of Uganda, for a courtesy call and to brief the minister about the Bank’s support to Uganda’s economic …

Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) today concludes a three-day retreat in Kampala, Uganda for the mid-term review of its Fifth Strategic Plan dubbed IMPACT 2021: Africa Transformed. Afreximbank operates on five-year strategic plans. The current strategic plan, which is the Bank’s fifth, covers the …

➡ $1bn project ➡ 95 kilometres ➡ 8 lanes Nakawa-Kyambogo ➡ 6 lanes Kyambogo-Mukono ➡ 4 lanes Mukono to Jinja Kampala, Uganda | THE INDEPENDENT | Members of Parliament from eastern Uganda have protested against a plan by government to fund the construction of Kampala -Jinja expressway through a Public …

Kampala, Uganda | AATC News by Prof. Wolfgang H. Thome | Kampala’s Mestil Hotel and Residences are favourites to bag three awards at the World Luxury Hotel Award Gala to be held at the Arctic Circle Hotel, Rovaniemi, Finland on October 12. A reliable source confirmed the development though the …

Kampala, Uganda | Julius Businge | Data from the Global Entrepreneurship Monitor (GEM) indicates that 28% of Ugandan adults own or co-own a new business. It adds that 10% start new business and 60% of those that are started do not live to celebrate their first birthday. Experts in this field say …

Moscow, Russia | AFP | Russia and Uganda have agreed to work together in the field of nuclear energy, the Russian nuclear agency Rosatom said Wednesday, as Moscow seeks to strengthen its influence in Africa. Russia’s state-owned companies have been at a key part of the strategy to bolster Moscow’s presence …

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has advised smaller companies that cannot afford to hire expensive audit firms to prepare their accounts to make use of the cheaper auditors that the institute has certified. Stephen Ineget, the chairman of the Financial Reporting …