Mutukula, Tanzania | THE INDEPENDENT | The Tanzania government has agreed to give clearance to businessmen exporting agricultural produce and sugar from Uganda. The agreement was reached on Wednesday in a meeting between the Minister of Trade for Uganda Amelia Kyambadde and Joseph G. Kahinda, the Minister for Industry, Trade …
Read More »Intra-African Trade Fair records $32.6 bn in concluded deals
Kampala, Uganda | THE INDEPENDENT | Deals valued at US $32.6 billion were recorded at the inaugural week-long Intra-African Trade Fair (IATF) which ended in Cairo on December 17, 2018, according to preliminary figures released by the African Export-Import Bank (Afreximbank). Afreximbank, which organized the trade fair in collaboration with the …
Read More »Lango MPs want foreigner investors to stop operating retail businesses
Kampala, Uganda | THE INDEPENDENT | Foreign investors should be stopped from operating retail businesses. The call was made by Lango Parliamentary Group, a loose coalition of legislators from Lango sub region following a public meeting held at Uganda Technical College in Lira town on Monday. The MPs say that the …
Read More »OBITUARY: Business and motor rally ace Charles Muhangi dies at 61
Kampala, Uganda | IAN KATUSIIME | Two things stood out in the life of Charles Muhangi; doing business and motor racing. He developed a love for fast cars as his business was growing. Muhangi understood the dynamic world of business since he had ventured into trade as a young man in …
Read More »Parliament demands answers from Gov’t on Bobi Wine’s banned concerts
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has directed Prime Minister Dr. Ruhakana Rugunda to issue a statement regarding the banned concerts of Kyadondo East MP Robert Kyagulanyi aka Bobi Wine. Kadaga’s directive follows the ban of all Kyagulanyi’s concerts by the police in different parts …
Read More »Traders speak out on Christmas delight
Kampala, Uganda | THE INDEPENDENT | Business is booming down town in Kampala as faithfuls countdown to Christmas. Hundreds of people have packed roads such as Namirembe near Old Taxi Park and Luwum Street near Mini Price shopping Centre to purchase merchandise from traders. Some of the merchandise on sell includes …
Read More »Oulanyah chastises Committees on House business
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament, Jacob Oulanyah, has blamed the poor performance of Parliament on House committees taking longer than the prescribed 45 days. In his communication to legislators on Thursday, Oulanyah said Parliament would from now on strictly follow the provisions in the Rules …
Read More »May wins business support for draft Brexit deal
London, United Kingdom | AFP | British Prime Minister Theresa May on Monday won support from big business for her draft Brexit deal ahead of “intense negotiations” with Brussels in the coming week. May told the Confederation of British Industry (CBI), the UK’s main business lobby group, that she was “determined …
Read More »UN taps private sector for humanitarian funding
Lagos, Nigeria | AFP | The United Nations on Thursday launched what it called a “global first” to harness private-sector funding and expertise to help tackle humanitarian crises around the world. The Nigeria Humanitarian Fund Private Sector Initiative (NHF PSI) has been set up to strengthen the response to the …
Read More »Uganda’s ease of doing business worsens
Trade Ministry says the Ease of Doing business does not reflect true picture on the ground Kampala, Uganda | ISAAC KHISA | Uganda slide its ranking on the World Bank’s ‘ease of doing business’ report for the second consecutive year, dropping five places to the 127 position owed to increase in …
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