Arusha, Tanzania | THE INDEPENDENT | The ongoing efforts by the East African Community states to bring lasting peace in the Democratic Republic of Congo dominated the 21st Extraordinary Summit of the Heads of State, featuring disagreements on the peace process. Burundi President, the chairperson, and host, Evariste Ndayishimiye found …
Read More »EA governments urged to use Stock Market to raise capital
Kampala, Uganda | THE INDEPENDENT | The East African governments have been urged to use the Stock Exchanges to raise capital especially through issuance of large Initial Public Offers (IPOs) that can only come from the public sector. Geoffrey Odundo, the CEO for the Nairobi Securities Exchange (NSE), said there is …
Read More »How Standard Chartered Bank has benefited EA economies
It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »Can Uganda survive with highest electricity prices in EA?
Recent hike means current tariff structure could end up killing industries The cost of production in Uganda could soon rise as government continues to increase electricity tariffs amidst dwindling production due to low consumer demand. Analysis by The Independent shows that the government has increased electricity tariffs by over 22% …
Read More »Uganda’s slow oil and gas infrastructure development
Following the withdraw of the Russian-led consortium RT Global Resources, from the oil refinery construction in July, the government is looking for a new investor to partner in the project by mid-2017 This year marked a decade since the government announced the discovery of commercially viable oil and gas resources …
Read More »Why Kenya rules EA Superbrands
By Independent Team Its not what you look at; its what you look for It is a telecom company. Customers choose it automatically over competing brands. It is on every phone service customers purchase list. It is well, Zain. Zain, just a year after launching itself in Africa after taking …
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