Aya Chebbi is first youth envoy of the African Union. She spoke to Raphael Obonyo for the African Renewal on a range of issues affecting Africa’s young people. What do you hope to achieve during your tenure? I have a mandate to advocate for the implementation of the African Youth …
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Government expects petroleum firm to expedite data processing and interpretation Kampala, Uganda | RONALD MUSOKE | Nigerian firm, Oranto Petroleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block located near Uganda’s western border with the Democratic Republic of Congo. A seismic survey is a technique …
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Uganda Dairy sector transformation: where is the financial sector? COMMENT | Joseph Kiirya | Dairy is one of the few sectors witnessing a positive response in recent years to the Uganda government policy to commercialize agriculture. In the last four years, Uganda has witnessed an exponential growth in its dairy …
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Only nine insurance companies recorded approximately Shs40bn as profit Kampala, Uganda | ISAAC KHISA | Only nine out of 21 Non-life insurance companies operating in Uganda made profits for the year ended Dec.2018, data from the Insurance Regulatory Authority of Uganda shows. Jubilee, UAP, Sanlam, Britam, Goldstar, Alliance Africa, Statewide, …
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As its profit after tax drop more than seven times to Shs 6.8bn in 2018 Kampala, Uganda | ISAAC KHISA | The Kampala-based pharmaceutical firm, Cipla Quality Chemical Industries Ltd has hinted on a move to acquire a small company to boost its business growth. This comes at a time …
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Company’s executive describes the year as good, reveals plan to cut costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited has recorded an increase in total revenue from Shs27bn in 2017 to Shs30bn in 2018, according to its financial statements released on May 20. George Ihnolo, …
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Kampala, Uganda | THE INDEPENDENT | Uganda sold more goods to the East African Community, the Rest of Africa, and the rest of Europe than it imported in the month of March, according to the Ministry of Finance April report. The rest of Europe is made up of all countries outside …
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Kampala, Uganda | THE INDEPENDENT | Equity Bank (U) Ltd has made a Shs20 million donation to the organizing committee of the Martyrs Day celebrations as Ugandans and the world prepares to celebrate June 3, 2019. The celebrations are to last for a week. Equity Bank’s Marketing and Communications Manager …
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As players in oil and gas sector registers more activity Kampala, Uganda | PATRICIA AKANKWATSA | Foreign direct investment into Uganda rebounded in 2018 owed to positive growth in the economy and the prospective investments in the oil and gas sector. Latest data from the Bank of Uganda shows that …
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Why the new proposal is bad for the country’s sugar industry Kampala, Uganda | ISAAC KHISA | Ugandan sugar millers, cane farmers and the government have for sometime been at loggerheads over a proposal to introduce zoning in the sugar cane growing areas. The proposed Sugar Bill, 2016, seeks to …
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