Kampala, Uganda | Julius Businge | About 500 delegates and 30 exhibitors from 20 countries globally are expected to attend the 4th African Tea Convention and Exhibition starting from June 26 up to 28 at the Kampala Serena Hotel. The global event for the tea industry organised by the East African …
Read More »Kenya currency suspension disrupts businesses, money changers
Kampala, Uganda | THE INDEPENDENT | Businesses and money changers have suffered major disruptions following the suspension of the Kenyan currency conversion in Uganda. Consequently, many have seen the value of their money fall but also had to contact their friends near the border to help them do conversions in …
Read More »Entebbe Airport Cargo Centre Nearing Completion
Entebbe, Uganda | THE INDEPENDENT | Construction of a new cargo centre at Entebbe International Airport is almost complete, the Civil Aviation Authority has said. The cargo centre is part of the 720 billion Shillings project undertaken by China Communications Construction Company to expand and upgrade Entebbe International airport. The …
Read More »Stock market boost
More accounts opened as players suggest ways of boosting market activity Kampala, Uganda | JULIUS BUSINGE | There is good news at the Uganda Securities Exchange. The latest market report shows that the number of depository accounts being opened is on the upward trend, signaling a growing interest by the …
Read More »Industrial growth vs environmental protection
Local industrialists asked to bridge Shs 300bn annual financing gap Kampala, Uganda | RONALD MUSOKE | Conservationists and industrialists rarely agree on matters regarding environmental conservation but in two rare meetings held in Kampala over breakfast, they both concurred on the need to work together to save the country’s fast …
Read More »Rwanda ‘opens’ Katuna border post
Kabale, Uganda | THE INDEPENDENT | The Uganda-Rwanda border at Katuna has been opened to allow movement of heavy trucks, in what Rwanda says will be to try its one-stop-border infrastructure. In a statement issued last night, Rwanda Revenue Authority (RRA) said the area will only be open from today …
Read More »BITATURE: Umeme committed to powering Uganda’s prosperity
COMMENT | Patrick Bitature | I would like to congratulate the government for having successfully gone through the 2019 Manifesto Week, that run from 13th -24th May 2019. I particularly would like to applaud government for having attained a mid-term manifesto implementation score of 62 percent to date, according …
Read More »Museveni won’t print 2021 elections money
‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …
Read More »NSSF to educate savers ahead of retirement
Majority of the Fund’s retirees are making wrong investment decisions Kampala, Uganda | JULIUS BUSINGE | It is now evident that savers need advice on how to invest their long time savings as they transition to retirement, according to Richard Byarugaba, the managing director of the National Social Security …
Read More »Ecobank hosted by London stock exchange after successful $500 million Eurobond issuance
Kampala, Uganda | THE INDEPENDENT | Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on the London Stock Exchange (LSE) …
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