Business

VIDEO: The late Bonny Katatumba was an asset for Uganda in the eyes of Prime Minister Dr Ruhakana Rugunda. The premier described the late Katatumba as enterprising, and patriotic who greatly contributed to building peace and the economy. The premier was speaking at a requiem mass at Rubaga Cathedral. Share on: WhatsApp

Rabat, Morocco | AFP |  Morocco’s key tourism sector barely grew last year amid security challenges, but operators are hoping Chinese and Russian visitors will boost their fortunes in the coming years. While political turmoil and jihadist attacks have battered the sector in Egypt and Tunisia, Morocco registered 10 million …

Barcelona, Spain | AFP |  China’s Huawei unveiled a new smartphone with a better camera on Sunday as it tries to fill the void left by Samsung’s withdrawal of its flagship device due to problems with the battery. Huawei’s P10 and the larger P10 Plus, launched on the sidelines of …

Tanzania will construct a dry port in Mwanza and repair the MV Umoja ferry on Lake Victoria to boost trade in the region. Infrastructure development was a key item in bilateral discussions Saturday between visiting Ugandan President Yoweri Museveni and Tanzania’s John Magufuli. At a joint news conference in Dar es Salaam, Magufuli …

Frankfurt am Main, Germany | AFP |  China overtook the United States last year to become Germany’s biggest trading partner for the first time, official data showed, a shift likely to reassure Berlin as worries grow over US President Donald Trump’s protectionist leanings. The figures compiled by federal statistics office …

VIDEO: State house has launched investigations into circumstances under which a sh2.2 billion modern fish handling facility constructed in Serere district was abandoned by the fisher folk operating on Lake Kyoga. The facility is now home to bats and reptiles. Share on: WhatsApp

VIDEO: Uganda, Kenya and Rwanda have  agreed to monitor cargo movement using the Electronic Cargo Tracking System from the port of Mombasa in a move aimed at curbing cargo theft and tax evasion along the northern corridor. Uganda Revenue Authority Commissioner General Doris Akol says the innovation will help the private …

Uganda is exporting and importing less from the UK, but their respective ministers in charge of trade are optimistic this can be changed for the benefit of both nations. Although the UK has a strong bilateral relationship and a significant development partnership with Uganda, trade between the two has slowed …

The Uganda Revenue Authority (URA) has today launched three customs trade facilitation programmes that will improve the ease of doing business in Uganda and the East African Community, and also promote trade and Investment. The trade facilitation programmes funded by Trade Mark East Africa (TMEA) will be used to monitor transit …

India’s Vice-President Mohammed Hamid Ansari has announced his country’s offer of $3 million to boost the health sector. India has also agreed to share its experience and expertise in the IT sector. According to a statement at the end of Ansari’s 3-day visit, India has offered Uganda medicines worth $2 million and …