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Roscongress, Afreximbank and REC sign agreement to promote trade

Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …

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Afreximbank launches strategy for export trading companies

Moscow, Russia | Isaac Khisa | The Afreximbank Strategy for Export Trading Companies was launched in Moscow on June 20, during the open Russia–Africa Economic Conference, part of the Afreximbank Annual Meetings with the support of the Roscongress Foundation and Russian Export Center. The panellists included Managing Director of Afreximbank Intra-African …

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Money Talk Symposium

NSSF, experts tell members to save beyond the 5% they remit monthly   Kampala, Uganda | JULIUS BUSINGE | Do you spend less and invest more of your income a head of your retirement? Will you have enough monetary resources upon retirement? Will there be any impact upon taking your …

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Rethinking tax incentives

Researches, experts say there is limited evidence to show these offers attract investors Kampala, Uganda | PATRICIA AKANKWATSA | Tax incentives are part of Uganda government’s top priorities for attracting foreign investors and new businesses. From prospective investments in agribusiness to hospitality, and from steel to textile industries, tax incentives …

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KADAGA: Parliament’s hands tied on UTL

  Kampala, Uganda | THE INDEPENDENT | Both parliament and the executive can’t take any unilateral decision on the administration of Uganda Telecom Limited (UTL), Speaker of Parliament Rebecca Kadaga has ruled. She made the ruling during plenary on Tuesday in response to last week’s request by Aringa South MP, …

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Truck drivers to face refresh driving courses

Kampala, Uganda | THE INDEPENDENT | Truck drivers are to undergo a refresher driving course in the next two months as one of ways of minimizing accidents, Baylon Kinene, the Chairperson of the Regional Lorry Drivers and Transport Association (RLDTA) has revealed. Kinene told Uganda Radio Network (URN) in an …

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Migrant remittances to hit US$550bn

Money sent home by migrant workers from abroad across the globe is projected to record a 4% growth this year, hitting the US$550bn mark compared with US$529bn recorded in 2018, according to the latest statistics from the International Fund for Agricultural Development (IFAD). Kampala, Uganda | RONALD MUSOKE | Remittances …

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