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Tag Archives: Business

Traders count losses as Wanseko-Panyimur ferry remains grounded

Buliisa, Uganda | THE INDEPENDENT | Traders in Buliisa and Pakwach districts are counting losses after the suspension of the Wanseko-Panyimur ferry operations. The operations were suspended in July last year following the rising water levels of Lake Albert which submerged the docking piers. The ferry is the major link for …

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Business picking up faster, as schools reopen-private sector

The imminent re-opening of schools to take in non-candidate classes has ignited business confidence and supported a return to growth in employment Kampala, Uganda | THE INDEPENDENT | The private sector has become more optimistic about its businesses for the next few months following a troubled period between December and January. …

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Bridging education gaps can uplift African women entrepreneurs

Addis Ababa, Ethiopia | Xinhua | Educational attainment gaps have limited the success of women-owned businesses in Africa, according to a report newly published by the United Nations Economic Commission for Africa (UNECA). The “Women’s Entrepreneurship Report” studied data from tens of thousands of African entrepreneurs and firms to establish links …

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Car boot sales are illegal – KCCA

Kampala, Uganda |  THE INDEPENDENT | The emerging car-boot Ugandan entrepreneurs can still enjoy a free ride in the market but all indications are that it will not be long before authorities start demanding their pound of flesh. The car boot sales businesses which propped up during Covid-19 pandemic March to August, are …

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UN says private sector key to realize sustainability agenda in Africa

Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …

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